Fintech

Fintech

Hong Leong Finance seeks virtual bank licence

(Sept 13): Singapore’s Hong Leong Finance sees the country’s plan to issue virtual banking licences as an opportunity to find new customers and re-invent itself as a tech-savvy lender to the nation

Fintech

Singapore a clear fintech leader in Southeast Asia: Fitch Solutions

SINGAPORE (Sept 9): Singapore has the most developed financial technology ecosystem in Southeast Asia, according to a report by Fitch Solutions.

Fintech

Ping An unit mulls Singapore digital bank licence application

(Sept 6): Ping An Insurance (Group) Co’s financial technology unit is considering an application for one of Singapore’s new digital banking licences, according to a person familiar with the matter.

Fintech

DBS launches hybrid human-robo investment solution for retail customers

SINGAPORE (Sept 2): DBS Bank has launched DBS digiPortfolio – a hybrid human-robo investment solution that allows retail investors to tap on investment strategies from the bank’s wealth management

Fintech

Little-known fintech player eyes struggling JES International's listing status

(Aug 26): JES International Holdings, a once actively traded Chinese shipbuilder, has been under judicial management since February as it struggled with debt.

Fintech

Little-known fintech player eyes struggling JES International’s listing status

(Aug 26): JES International Holdings, a once actively traded Chinese shipbuilder, has been under judicial management since February as it struggled with debt.

Fintech

OCBC in talks with Singtel about virtual bank licence, say sources

SINGAPORE (Aug 21): Oversea-Chinese Banking Corp (OCBC) is in talks with companies including Singapore Telecommunications about seeking one of the city-state's planned virtual bank licenses, accord

Fintech

Banking for TMRW: Head of UOB’s digital bank explains engagement, advocates, personetics

SINGAPORE (Aug 12): Digital banking and a digital bank are not quite the same, says Dennis Khoo, regional head of TMRW Digital Group at United Overseas Bank.

Fintech

UOB's digital bank sees high acquisition cost as total expenses head up

SINGAPORE (Aug 2): IT-related expenses, among other things, have contributed to higher total expenses incurred by United Overseas Bank (UOB) in the 2Q19 and 1H19 ended June 30.

Fintech

Fintech startup soCash raises US$6 mil in series B funding round

SINGAPORE (July 22): soCash, the Singapore-headquartered fintech startup, announced that it has raised US$6 million ($8.2 million) in its series B funding round.

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