‘We were able to rethink legacy ways of collecting, managing and processing data,’ says Geraldine Wong
Following a series of digital disruptions this year, DBS has issued an apology and laid out a roadmap to improve technology resiliency. What can banks learn from these challenges?
GenAI is a “defining moment” for the financial sector, DBS says. How can the financial sector stay ahead of the curve?
The DigiFT US Treasury Token provides a regulated, on-chain channel for investors to invest in US treasuries with a specific maturity date of December 31, 2023.
Risks facing banks whose businesses straddle highly regulated home markets and countries with ill-defined rules and lower transparency standards are growing.
Under the Monetary Authority of Singapore’s Project Guardian, the development of a digital asset class could help relieve liquidity issues in trade finance. Kimberley Long reports.
Is Purpose Bound Money a game changer for the future of digital money?
Fintech firms are giving banks a run for their money.
HSBC hosts Singapore fintech companies as part of UK Fintech Week.
Declining risks in the provision of digital business loans will help them flourish.
Singapore has called for fintechs to provide stronger safety support for their staff, but globally, gig economy workers are often let down by the banking sector.
Increasing interest rates and debt risk could spell trouble for banks.
Boosting interoperability and speed while cutting risk, wholesale CBDCs would be a boon for cross-border settlements but are still very much in the experimental phase, making co-operation between central banks vital for success.
A set of new sustainable development initiatives is establishing Singapore as a green finance hub and hints at Beijing’s broader intentions in the region.
In recent times the talented have made their exit among swathes of other Hong Kongers, but signs of a reversal are solidifying.
Banks worldwide are increasingly launching cards without numbers. Do they offer enhanced security, or are they just a fad?
Sustainability is becoming a fintech mainstay, with initiatives launching across the globe.
The acquisition of Citi’s retail operations across several Asian markets will give two of Singapore’s biggest banks additional clout across the region.
The UK bank’s pivot to the region faces challenges amid fierce competition and Western tensions with China.
In the face of saturated local markets, banks in Japan, South Korea and Singapore are increasingly looking elsewhere in the region.