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 ...)
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 ...)
Singapore’s Coda Payments Pushing for $4B Valuation
Singapore’s Coda Payments Pte is seeking a valuation of at least $4 billion as it explores a sale or initial public offering (IPO). ( read original story ...)
Prolonged DBS digibanking outage ‘unacceptable’ — thousands of digital banking clients disgruntled & frustrated over service failure
As the outage, or as DBS prefers to term it, the “intermittent slowness” continues into its third day, the extent of customer complaints in a way reflects the success of the bank's campaign to get ... ( read original story ...)
DBS says it is doing its best to resolve situation after recurrence of digital banking problems
SINGAPORE: DBS Bank on Wednesday (Nov 24) said an issue with its digital banking services has "recurred", as some customers continued to report problems accessing services. The disruption of DBS and P ... ( read original story ...)
Singapore: Inflation rose to 8y highs in October – UOB
Senior Economist at UOB Group Alvin Liew comments on the latest release of inflation figures in Singapore. “Singapore’s consumer prices jumped to 3.2% y/y (0.3% m/m NSA) in Oct from 2.5% y/y (0.4% m/m ... ( read original story ...)
Singapore expects 3% to 5% growth in ‘uneven’ Covid rebound
SINGAPORE: The Singaporean government today forecast a growth rate of 3% to 5% for 2022, predicting a continued rebound from Covid-19 as global borders gradually reopen and domestic restrictions ease. ( read original story ...)
Leading industry figures discuss Open Banking in Singapore
Exclusive interview arranged by Elevandi on Open Banking in Singapore featuring Janet Young, Head of Group Channels and Digitalisation at United Overseas Bank and Todd D. Schweitzer, CEO and Founder ... ( read original story ...)
MAS’ decision to steepen the S$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 ...)
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 ...)
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 ...)
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 ...)
Singapore’s Coda Payments Seeks $4 Billion Value in Sale
Singapore-based Coda Payments Pte is weighing options including a sale or an initial public offering, according to people with knowledge of the matter.Most Read from BloombergAsia’s Richest Man Looks ... ( read original story ...)
POSB, DBS customers lose it after banks offline over a day
Customers of two local banks have been panicking after their services were down for over a day. Though DBS Bank and subsidiary POSB Bank announced this morning that all services including transferring ... ( read original story ...)
Singapore bank DBS says services disrupted for second day
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 ...)
SG bank DBS says digital services disruption has recurred after services were restored on Wed morning
Services for DBS Bank and POSB were fully restored early Wednesday morning (Nov 24), after more than 15 hours of disruption, the bank said. However, some users were still unable to access the services ... ( read original story ...)