Singapore charts path on green finance
WITH more global capital shifting towards sustainable efforts, central banks around the world, including the Monetary Authority of Singapore (MAS), have been nudged to jumpstart the green...
Singapore lenders risk 3-5% asset base erosion from digibank entry: Jefferies
AMID the liberalisation of Singapore's banking sector with digital-only entrants, the incumbents "at best" face significant competition for 3 to 5 per cent of their asset base, according to a report...
Surprise partnerships can create new niche banking services
SINGAPORE'S latest contenders for a digital banking licence may have included several names that are left-of-field to banking, but diverse partnerships are needed to offer niche, untapped services...
Citi, Lazada roll out millennial-focused credit card in Singapore
AS THE purchasing power of tech-savvy millennials continues to climb, Citi and regional e-commerce platform Lazada are targeting to serve over 50 per cent of young professionals in Singapore with...
MAS, ESG team up to matchmake startups with regional investors
TO boost regional funding into Singapore's startup scene, the Monetary Authority of Singapore (MAS) and Enterprise Singapore (ESG) have jointly played matchmaker between startups and regional...
Revolut drops out of Singapore digibank race over high capital requirement
AS THE deadline for digital banking applications creeps closer, high-profile payments fintech Revolut has closed the door to joining Singapore's digital bank landscape over high capital...
SE Asia's digital financial services revenue set to soar
REVENUE from South-east Asia's digital financial services could hit US$60 billion by 2025, but only if the region's financial players can crack barriers to lending in the SME (small and medium-...
UK fintech Revolut rolls out services to Singapore public
FOLLOWING a beta launch in Singapore earlier this year that amassed more than 30,000 customers, digital payments unicorn Revolut officially rolled out its services to the public today.
Digital payments at forefront of S-E Asia's booming Internet economy
THE digital payments market in South-east Asia has hit an inflexion point, and growth in this segment is likely to propel the region's Internet economy in the region to a US$300 billion market by...
ACE reeling in growth opportunities with high-tech fish farming
GLOBAL fish production has been on the decline in recent years, as a result of overfishing and deteriorating water quality fuelled by climate change.