Tag: finance

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 ...)

Standard Chartered Bank, IBM, Insead, Thomson Reuters and Microsoft are backing a fintech school at New York-based Byte Academy's first international venture, in Singapore. The firms have come together to form a fintech skills charter that will guide Byte ... ( read original story ...)

"Shrinking China's trade loans from mor attractive onshore borrowing rates would result i a retreat of capital back into Singapore or banks would have to find new sources of growth to fill the vacuum. This will affect DBS and OCBC more so than UOB as UOB ... ( read original story ...)

The seven leading banks in Singapore (HSBC, DBS, OCBC, UOB, Citibank, Maybank and Standard Chartered) make up a large part of FAST transactions and are working closely with ABS and BCS to bring this new system to life. ABS also intends to make a unified ... ( read original story ...)

We've previously written on robo-advisory services extensively and also on how it is affecting jobs in Singapore. But since Singaporeans are among the world’s wealthiest people with 10.7% of the country’s households in the millionaire category ... ( read original story ...)

We love nothing more than a great excuse to splurge on a feast at the hottest new tables in town and with tantalising discounts from Eazy Gourmet and HSBC Credit Cards; eating out is now more affordable than ever! This month, they are offering foodies some ... ( read original story ...)