Singapore
OCBC rolls out generative AI chatbot for employees, amongst world’s first
OCBC rolls out generative AI chatbot for employees, amongst world’s first
Over 4 million decisions in the bank are made by AI daily, OCBC shared.
MAS issues expectations for financial institutions’ net zero transition planning
The guidelines are aimed at helping FIs enable effective climate change mitigation.
Citibank Singapore launching new satellite wealth advisory hubs in 2024
The Parkway Parade hub and One Holland Village hub expands Citi’s physical footprints.
DBS, SkillsFuture SG ink two-year partnership to boost green skills in SMEs
Courses will be offered under the DBS BusinessClass Academy and its partners.
HSBC Singapore appoints new head of commercial banking
She previously held the role of head of global banking.
SG’s financial sector welcomes automation amidst economic uncertainty
20% of staff have noted resistance to the overall process of automation.
DBS, Univers ink deal to concoct digital solutions toward net-zero
Pilot tests will initially involve DBS' SME clients in Hong Kong, India, Mainland China, and Singapore.
UOB assembles panel for sustainability advising
Industry experts were handpicked to lead the panel.
Ripple obtains MPI license in Singapore
Singapore is one of Ripple’s fastest growing markets, it said.
Why the bank of the future is not really a bank
ANEXT Bank’s Toh Su Mei reveals how they are reimagining banking for small and medium enterprises.
Endowus teams up with world’s third largest private equity firm
EQT funds are now available to Endowus private wealth clients in Singapore and Hong Kong.
Sygnum Singapore obtains major payments institution license
It can now operate its DPT brokerage service in Singapore.
UOB joins LCH SwapClear and ForexClear as as direct clearing member
UOB is the first SEA bank to join ForexClear as a direct member.
Global Payments and Visa launch mobile tap payment solution in SG
Sellers will facilitate payments easily using smartphones.
Central bank announces new savings bond with average yield of 3.32%
Its amount offered is at $1b.
How tech disruption, branding innovation are shaping the future of finance: analysts
The afternoon sessions of ABF Summit 2023 saw analysts and bankers explore why tech and marketing are important to financial institutions.
Regulatory caps on neobanks’ operations could stifle growth, expert warns
Despite questions arising from the recent rise of deposit caps in neobanks, incumbent banks are left unfazed.
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