Digital bank grow through supermarket - Digital banking
Trust Bank Singapore affiliated with the group that runs Singapore’s largest supermarket chain has racked up 500,000 users since it started operating.
NETS's revenue rose marginally - Payment
Singapore-based payment services group Network for Electronic Transfers (NETS) posted a marginal increase in revenue during the financial year ended Dec 31, 2022
JPMorgan enters Singapore - Banking
JPMorgan Chase & Co’s commercial bank is entering Singapore and Israel this year as its unit catering to midsize and small companies makes a global push.
JPMorgan, DBS bet on blockchain race - Blockchain
Big banks and investors in Singapore are betting large on blockchain technology as a gateway to send money and trade assets more efficiently around the clock.
Banks fined for money laundering - Banking
Singapore’s central bank has imposed fines collectively worth S$3.8 million on banks for breaching its requirements on anti-money laundering.
StashAway narrows losses in 2022 - Wealth management
StashAway narrowed its losses by around 13% in 2022 to S$27 million, compared with S$31 million in the previous year.
SC Ventures sells CardsPal to utu - Fintech
SC Ventures has offloaded its entire stake in CardsPal, a credit card deals marketplace, to Singapore-based traveltech firm utu.
ANEXT to fill SME lending void - Digital banking
The city-state's wholesale digital banks add spice to the lending market by offering lower interest rates and more.
Ripple gets in-principle payments license - Blockchain
Blockchain company Ripple received in-principle regulatory approval to operate in Singapore, in a rare moment of good news for the cryptocurrency industry globally.