City-state’s anti-money laundering controls in spotlight after arrest of 10 foreigners and seizure of $736m in…
Category: NEWS & FINTECH
S$2.4B IN MONEY LAUNDERING PROCEEDS: ASSETS SEIZED
The value of assets that have been seized or issued with prohibition of disposal orders in…
DBS DIGITAL BANKING DISRUPTION ATTRIBUTED TO HUMAN ERROR
The disruption to DBS’ digital banking services on May 5, 2023 was caused by human error, according to…
SURGING DOLLAR CAUSES PAIN GLOBALLY
A surging US dollar is making local currencies weaker and contributing to skyrocketing prices of everyday…
BANKS HAVE ONLY 20% OF FLEXIBLE FUNCTIONALITY TO IMPRESS CUSTOMERS
Mobiquity has today released its latest Digital Banking Features Radar, which reveals banks have only 20…
NEW RIVAL FOR AIRASIA
AirAsia will soon have to compete with a new Malaysia-based low cost carrier, MYAirline, which plans…
GRAB AIMING FOR 2024 PROFITABILITY
Grab Holdings Ltd. expects revenue to slow sharply as the Southeast Asian internet giant targets profitability…
ISLAMIC FINTECH WILL CONTINUE TO EXPAND
The Islamic financial technology (fintech) industry in Malaysia has reached maturity and will continue to grow…
INFLOWS INTO SOUTHEAST ASIAN STARTUPS AS CHINA FLOUNDERS
Southeast Asian startups are enjoying a boom in fundraising exercises by venture and buyout funds that…
STANDCHART-NTUC LAUNCH TRUST BANK, NEW DIGITAL BANK
Trust Bank is the latest digital bank to announce its launch in Singapore. Trust Bank, the…