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Tag: banking

Posted on 25/11/2021

Stock Market LIVE Updates: Sensex, Nifty50 likely to make a muted start; SGX Nifty futures edge lower

Indian equity benchmarks Sensex and Nifty50 are likely to start Thursday's session with minor losses amid weakness across other Asian markets. At 7:37 am, Nifty futures trading on Singapore Exchange - ... ( read original story ...)

Posted on 25/11/2021

Singapore Bourse Set To Stop The Bleeding On Thursday

The Singapore stock market has moved lower in consecutive trading days, sinking almost 10 points or 0.3 percent along the way. The Straits Times Index now sits just above the 3,225-point plateau ... ( read original story ...)

Posted on 25/11/2021

Latest news updates: Singapore’s DBS denies Myanmar link to outage as services return to normal

DBS Bank, south-east Asia’s largest lender, said late Wednesday its online services were returning to normal after two days of outages. The Singapore-based bank said a glitch left many customers ... ( read original story ...)

Posted on 25/11/2021

DBS users continue to face problems two days after online outage started

SINGAPORE - Some customers were still unable to transact on DBS' website and mobile app for the third day on Thursday morning (Nov 25) even though the bank said services were returning to normal late ... ( read original story ...)

Posted on 25/11/2021

MAS will consider ‘appropriate supervisory actions’ after DBS’ investigation into service disruption

SINGAPORE: The Monetary Authority of Singapore (MAS) said on Wednesday (Nov 24) that it will consider "appropriate supervisory actions" following the disruption of DBS Bank's digital services ... ( read original story ...)

Posted on 25/11/2021

DBS digital banking services disrupted for second day, bank says doing its best to resolve situation

SINGAPORE: DBS Bank on Wednesday (Nov 24) said an issue with its digital banking services has "recurred", as some customers continued to report problems accessing services. The disruption of DBS and P ... ( read original story ...)

Posted on 25/11/2021

Singapore’s Coda Payments Pushing for $4B Valuation

Singapore’s Coda Payments Pte is seeking a valuation of at least $4 billion as it explores a sale or initial public offering (IPO). ( read original story ...)

Posted on 24/11/2021

Prolonged DBS digibanking outage ‘unacceptable’ — thousands of digital banking clients disgruntled & frustrated over service failure

As the outage, or as DBS prefers to term it, the “intermittent slowness” continues into its third day, the extent of customer complaints in a way reflects the success of the bank's campaign to get ... ( read original story ...)

Posted on 24/11/2021

DBS says it is doing its best to resolve situation after recurrence of digital banking problems

SINGAPORE: DBS Bank on Wednesday (Nov 24) said an issue with its digital banking services has "recurred", as some customers continued to report problems accessing services. The disruption of DBS and P ... ( read original story ...)

Posted on 24/11/2021

Singapore: Inflation rose to 8y highs in October – UOB

Senior Economist at UOB Group Alvin Liew comments on the latest release of inflation figures in Singapore. “Singapore’s consumer prices jumped to 3.2% y/y (0.3% m/m NSA) in Oct from 2.5% y/y (0.4% m/m ... ( read original story ...)

Posted on 24/11/2021

Singapore expects 3% to 5% growth in ‘uneven’ Covid rebound

SINGAPORE: The Singaporean government today forecast a growth rate of 3% to 5% for 2022, predicting a continued rebound from Covid-19 as global borders gradually reopen and domestic restrictions ease. ( read original story ...)

Posted on 24/11/2021

Leading industry figures discuss Open Banking in Singapore

Exclusive interview arranged by Elevandi on Open Banking in Singapore featuring Janet Young, Head of Group Channels and Digitalisation at United Overseas Bank and Todd D. Schweitzer, CEO and Founder ... ( read original story ...)

Posted on 24/11/2021

MAS’ decision to steepen the S$NEER seen as prescient

This is according to a joint CPI release by MAS and MTI. The Monetary Association of Singapore’ decision to pre-emptively tighten monetary policy settings by steepening the S$NEER slope from 0% to 1% ... ( read original story ...)

Posted on 24/11/2021

Mooreast debuts on Catalist at 29 cents, 31.8% above IPO price

The company estimates its post-offering market capitalisation to be around $57 million.. Read more at straitstimes.com. ( read original story ...)

Posted on 24/11/2021

Singapore’s DBS Faces Second Day of Digital Banking Glitches

Southeast Asia’s biggest lender DBS Group Holdings Ltd. is encountering a second day of outages in its digital banking services. ( read original story ...)

Posted on 24/11/2021

Singapore’s DBS suffers second day of online banking disruption

DBS Group Holdings Ltd, Southeast Asia's largest bank, is facing disruptions in its online banking services for the second consecutive day on Wednesday after service outages began on Tuesday morning, ... ( read original story ...)

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