Tag: banking

The corporate banking market is very competitive in Singapore and if you make a mistake when handling a client it can put your career in jeopardy. Last month I wrote a blog about how much I loved my job as a corporate banker at a big European bank in ... ( read original story ...)

A new study from HSBC reveals that the top place to live as an expat is Singapore. The study was conducted among 27,000 expats in about 100 countries between March and May 2016. Third party survey group YouGov conducted the poll, which did not survey HSBC ... ( read original story ...)

In its latest report for 2016, Melbourne Mercer Global Pension Index (MMGPI) reported that Singapore is now rated B Grade up from C+ the year before. Its score improved from 64.7 to 67 due to better pension adequacy. Ranking seventh globally, Singapore ... ( read original story ...)

Citibank has already unveiled voice biometrics authentication in several Asian markets, including Singapore and Hong Kong. "The processing time will be shortened to only 15 seconds from around 60 seconds with password authentication," Ms Vira-anong said. ( read original story ...)

It is currently implemented in Taiwan, Australia, Hong Kong, Singapore, Malaysia, and Philippines. Vietnam is the 7th country to have voice biometrics authentication. Citibank is planning to roll out the voice biometrics system in 12 markets within the ... ( read original story ...)

Last year, it pledged S$225 million (US$166.5 million) to grow Singapore’s FinTech sector, and this year it opened an innovation lab for FinTech. Also Read: UOB partners with cloud accounting firm Xero to ease SMEs’ bookkeeping woes In another ... ( read original story ...)

For instance, there were about 11 banks active in DBS’s home market Singapore, of which DBS already controls two (POSB and DBS). ANZ will be another addition to DBS’s brands in Singapore as well as in Hong Kong, Taiwan and China. Reducing the number of ... ( read original story ...)

POSB, a Singapore-based bank, has been testing a new contactless payment system that enables students to make purchases in their canteens and bookstores. The solution is called POSB Smart Buddy and helps teaching students about keeping track of their finances. ( read original story ...)

The results from the J.D. Power 2016 Singapore Credit Card Satisfaction Study may not be ... the honour by cranking up an overall satisfaction score of 738, compared to POSB's score of 706 and Citibank's score of 698. For those who are curious, American ... ( read original story ...)

It’s that simple. The latest entrant to the market, the POSB Cashback Bonus scheme, is a unique take on the saving account market in Singapore. Instead of giving people bonus interest based on what they do and how much they have, the POSB Cashbank Bonus ... ( read original story ...)

Singapore, My Country is a useful documentation of not just ... A few years ago, there was an effort to do away with POSB’s ATMs because of the high cost of maintaining them. The protests were loud and that move was scuppered. Unfortunately, the book ... ( read original story ...)

In a fast-paced nation such as Singapore, a sufficient emergency fund is worth at ... Qualify for SSB by opening a bank account with DBS, POSB, UOB, or OCBC. Also, you need to have an individual CDP Securities account linked to any of your bank accounts ... ( read original story ...)

Singsaver.com.sg, Singapore's go-to personal finance comparison platform ... If you're a Jadeite member armed with a DBS or POSB credit or debit card, we bear more good news: if you do the eight-course weekend brunch, a Prestige Pipa Duck with fermented ... ( read original story ...)

This year, Mandarin Orchard Singapore has put together a dizzying array of sweet ... a 15% discount when you pay by credit cards (20% if you’re using Citibank or DBS/POSB). From 15 December onwards, the discounts drop to 10% and 15% respectively. ( read original story ...)

OCBC was endorsed by Spring Singapore, the country's national quality award organising committee. More work lies ahead. OCBC has intensified its digital push in the last six months, which has boosted its top line. Sales of unit trusts rose at around the ... ( read original story ...)

Progress on the GST reform in India is "encouraging", the Development Bank of Singapore (DBS) said on Monday and noted that most services will be pegged at 18 %, higher than at present. The GST Council last week announced a tiered structure 5 % tax on mass ... ( read original story ...)