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Tag: banking

Posted on 26/10/2023

Taylor Swift Mania Sparks Record-Breaking Jump in UOB Card Fees

Taylor Swift’s tie-up with the third-largest bank in Singapore propelled the lender’s credit card fees to a record in the third quarter, the latest example of the pop star’s extraordinary economic ...

Posted on 26/10/2023

Singapore’s AIOX Emerges with a New Fund Focused on Deeptech and Web3

SINGAPORE - Media OutReach - 26 October 2023 - AIOX Apex Angel ... corporation and public listing of corporates in various industries, including real estate, finance, manufacturing, blockchain, energy ...

Posted on 26/10/2023

Singapore proposes shared responsibility framework for finish scams

Both financial institutions and telcos are held accountable for mitigating scams. The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) have jointly published a ...

Posted on 26/10/2023

SLNG to develop and operate a second LNG terminal in Singapore

The terminal will have a gas supply capacity of up to 5 million tonnes per annum. Singapore LNG Corporation will develop and operate a second Liquefied Natural Gas (LNG) terminal in Singapore, Finance ...

Posted on 26/10/2023

Banking the wealthy: Asia is where the action is

And Asia is where he sees the bank can make the difference “We're on the cusp of Hong Kong and Singapore both being larger than Switzerland in terms of being global wealth centres,” declares Andy Sieg ...

Posted on 25/10/2023

China’s Big Policy Moves Draw Cautious Investors Back to Beat-Down Stock Market

China's benchmark CSI300 Index staged a moderate rebound from 4-1/2-year lows this week, after state fund Central Huijin Investment started buying exchange-traded funds (ETFs) on Monday, adding ...

Posted on 25/10/2023

KrisFlyer UOB Credit Card—MoneySmart Review

KrisFlyer miles chasers, the KrisFlyer UOB Credit Card might be the easiest, most fuss-free miles card for you. This card lets you earn KrisFlyer miles directly with no conversion fee (unlike miles ...

Posted on 25/10/2023

MAS orders DBS and Citibank to investigate lengthy outage

The Monetary Authority of Singapore has ordered DBS and Citibank to investigate why it took so long to get their systems back up after an outage earlier this month that disrupted online and payment ...

Posted on 25/10/2023

Singapore mulls making banks, telcos share responsibility for scam losses

The Monetary Authority of Singapore (MAS) is mulling a proposed Shared Responsibility Framework (SRF) that could see financial institutions and telecommunications companies (telcos) share ...

Posted on 25/10/2023

3 Singapore Blue-Chip Stocks to Buy if You Have S$30,000 to Spare

Searching for stocks with stability and great long-term prospects? Here are three you can consider. The post 3 Singapore Blue-Chip Stocks to Buy if You Have S$30,000 to Spare appeared first on The ...

Posted on 25/10/2023

Singapore banks, telcos to bear phishing scam losses ahead of consumers if they fail in obligations under proposed regulations

Financial institutions will be expected to bear the full losses incurred by customers in phishing scams if they are found to have breached proposed ...

Posted on 25/10/2023

Financial institutions, then telcos in Singapore accountable to scam victims if found negligent under planned framework

Mobile phone networks that don’t enforce security protocols will have to reimburse victims of certain phishing scams – a ruling that already applies to financial institutions.

Posted on 25/10/2023

J.P. Morgan targets non-US expansion with eye on unicorns in Singapore

The move could yield opportunities to continue serving such start-ups as they mature and grow. Read more at straitstimes.com.

Posted on 25/10/2023

Singapore jails woman who used boss’s credit card to go on US$26,000 shopping spree

Jocelyn Lee Sock Hui, 28, felt unappreciated by her boss so she used his credit card details to buy thousands of dollars of goods for herself online, a court heard.

Posted on 25/10/2023

Singapore’s ION Mobility to invest US$15 million in Indonesia electric vehicle market

JAKARTA] Ion Mobility, a Singapore-based electric vehicle (EV) startup, will invest US$15 million over the next three years to expand its presence in Indonesia, its founder and chief executive James ...

Posted on 25/10/2023

75% of Singapore SMEs mull ditching banks for payment needs

SMEs in Singapore complained of lengthy processing and settlement times. About 3 in 4 (75%) of small and medium enterprises (SMEs) in Singapore said that they are ready to switch away from traditional ...

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