Tag: banking

the Development Bank of Singapore (DBS) said today. "The banknote reform has pushed up deposit growth, which in turn has boosted liquidity," said DBS in its daily market report. With credit growth still weak, excess liquidity has pushed Indian ten-year ... ( read original story ...)

SINGAPORE Britain leaving the European Union is opening up ... Some 11,000 participants - including software giant Microsoft and global banks such as Citibank and Standard Chartered - from over 50 countries gathered for the FinTech event. ( read original story ...)

The trial project is also exploring cross-border transactions, Ravi Menon, managing director of the Monetary Authority of Singapore, said in a speech Wednesday. The city’s stock exchange, its largest bank DBS Group Holdings Ltd., its two local rivals ... ( read original story ...)

Tickets for the 8pm show in Singapore start at S$78 and go up to S$298 for a VIP standing ticket, which includes priority entry, a lanyard and official merchandise, organiser Live Nation Lushington said. There will be pre-sales for Citibank cardholders ... ( read original story ...)

With digital technology now at the heart of banking, the task of a chief information officer is more challenging and demanding, as Standard Chartered's Michael Gorriz knows only too well. Mr Gorriz, who joined the bank in July last year, says the financial ... ( read original story ...)

Standard Chartered is joining the digital wealth management revolution, introducing a personalised investment tool that harnesses the power of big data to help its relationship managers advise affluent clients in Singapore. Accessed via iPad, the tool uses ... ( read original story ...)

OCBC Bank has become the first bank in Southeast Asia to use Blockchain technology in its local and cross-border payment funds transfer services. The use of a payment Blockchain solution will see increased efficiency, transparency and security as well as ... ( read original story ...)

POSB has earned a score of 706 whereas Citibank has a score ... One might argue that American Express cards aren't as widely accepted in Singapore compared to MasterCard and Visa cards and there's definitely some truth in that, but if you are willing ... ( read original story ...)

The opening of the said innovation facility was officiated by the Monetary Authority of Singapore’s Deputy Managing Director Jacqueline Loh and DBS CEO Piyush Gupta. Gupta said DBS is looking towards helping to further Singapore's Smart Nation agenda as ... ( read original story ...)

Just before the start of the week-long Singapore FinTech Festival, ANZ and DBS Bank have each announced the opening of innovation labs in Singapore. DBS officially announced on Monday the opening of the new innovation facility DBS Asia X (DAX), which is ... ( read original story ...)

DBS has launched its Singapore innovation lab – DBS Asia X (or DAX) – as it looks to speed up change in its organisation. Neal Cross, chief innovation officer at DBS Bank, says the bank is “not known for taking huge risks or making massive pivots ... ( read original story ...)

TAIPEI, Taiwan -- The Development Bank of Singapore (DBS) launched a one-stop-shop mortgage app Monday, becoming the first bank in Taiwan to offer the service. The bank said the new app would help home buyers step-by-step through the process of finding ... ( read original story ...)

One of the five largest banks in Singapore has tested a blockchain-based payment service, with an eye to develop commercial products around the tech. OCBC Bank used the tech to send funds between its operations in Singapore and Malaysia, as well as ... ( read original story ...)

An OECD survey conducted last year found that Singapore has the smartest students in the world. The country’s 15-year-olds competed with children from 76 countries in tests that measured their abilities in maths and science. The local students proved ... ( read original story ...)

Singapore - OCBC Bank said Monday )Nov 14) it became the first bank in Southeast Asia to use blockchain technology to make local and cross-border inter-bank fund transfers. A successful pilot payment transaction between the bank and its subsidiaries ... ( read original story ...)

Singapore’s investment bankers are going through a difficult time. A slowdown in economic activity in the region has resulted in a contraction in the number of deals. The problem is compounded by the rise of Chinese investment banks which are becoming ... ( read original story ...)