Money

New StanChart unit to invest in fintech and promote innovation

STANDARD Chartered (StanChart) has set up a new unit aimed at promoting innovation within the bank and investing in disruptive technologies, the bank announced on Wednesday.

New OCBC loan gives SMEs flexibility

A new loan from OCBC Bank for small and emerging businesses offers flexibility and cost effectiveness.

Temasek, Kuehne tie up to invest in early-stage logistics tech

STATE investment firm Temasek Holdings has its eye on budding logistics and supply chain technology firms worldwide - the latest move in its tech-sector venture plays.

Singapore bank lending up 0.6% in November: MAS

BANK lending in Singapore rose 0.6 per cent in November from the previous month, preliminary data from the Monetary Authority of Singapore on Friday showed.

Cashless is king, but will Singapore bow to it?

CATALYSED by advances in fintech, the oft-repeated adage 'cash is king' may no longer hold true in a couple of years. With a cashless movement taking root in many economies around the world, cash is...

2017 Year In Review: Going cashless no small change

After years of creeping at a snail's pace, the e-payment scene has roared to life, setting 2018 up to be the year that cashless payments could finally become ubiquitous.

Premium tea retailer Teabox bags US$7m Series B funding

PREMIUM tea brand Teabox announced on Dec 13 it has secured US$7 million in Series B funding from Singapore-based investment firm RB Investments, with existing investors also taking part.

Singapore October bank lending up 1.4%: MAS

SINGAPORE'S total bank lending in October climbed 1.4 per cent from September, on the back of higher loans to financial institutions.

UnionPay QR code payments to be launched across all six AsiaMalls shopping centres in 2018

ASIAMALLS Management and UnionPay International have signed a memorandum of understanding (MOU) which will see the acceptance of UnionPay QR code payments across all six AsiaMalls shopping centres in...

Single QR code system at hawker centres soon

Pay for a plate of chicken rice by scanning a QR code using your phone? Consumers here will soon be able to do so at hundreds of hawker stalls without having to fuss over which banking app to use...

 

 

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