Various
What is Behind the Metaverse Boom?
The metaverse, a concept referring to a shared virtual environment that people access via the Internet, has become one of the hottest business trends this year, building on the accelerated shift to digital channels, growth of the augmented reality/virtual reality
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MAS Mulls Supervisory Actions Following DBS’ Two-Days Service Disruption
The Monetary Authority of Singapore said that it will consider appropriate supervisory actions after DBS Bank conducts an investigation following the disruption of its digital banking services that lasted for two days. According to Bloomberg’s report, Marcus Lim, Assistant Managing
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DBS’ Mikkel Larsen Formally Appointed as Climate Impact X’s CEO
Climate Impact X (CIX), a global marketplace and exchange for high-quality carbon credits, has announced the appointment of Mikkel Larsen as Chief Executive Officer, effective immediately. He has been acting as Interim CEO for CIX since 20th May 2021. CIX
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ASEAN’s Fintech Funding Tripled to US$3.5 Billion, Singapore Pulled in Lion’s Share
Fintech funding in ASEAN has more than tripled to a record high of US$3.5 billion in 2021 from 2020, with Singapore retaining the top spot thanks to its mega-rounds. According to the “Fintech in ASEAN 2021: Digital Takes Flight” report
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UOB Set to Offer Personalised Carbon Insights to Retail Banking Customers
UOB announced that its retail banking customers across ASEAN will be able to access personalised carbon insights based on their spending and saving behaviours through its app. “Carbon Insights” will be a new feature on the UOB TMRW digital banking
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OCBC Bank Enables Instant Purchase of Gold and Silver Digitally
With more Singaporeans investing now despite the uncertainty and volatility in the market, the need for investors to invest in safe-haven assets such as gold and silver to balance their portfolios is greater than ever. OCBC Bank is enabling investors
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Southeast Asia’s O2O Platforms Reach Mainstream Acceptance
In Southeast Asia, digital ecosystems have reached mainstream acceptance. A new research by Bain & Company found that more than 77% of surveyed consumers in the region’s six biggest economies (SEA-6), namely Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam,
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Swiss Fintech Companies Show Increased Presence in Singapore
This year, Swiss fintech startups continued pursuing their international ambitions with many choosing Singapore to enter the dynamic Southeast Asian market. These are building on Switzerland and Singapore’s long-lasting relationship and close collaboration to penetrate the high-potential market. Vestr, a
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Finastra Launches Online Global Fintech Content Series to Nurture Innovation
Financial services software and cloud solutions provider Finastra has launched an online global fintech content series to nurture innovation and collaboration through the discovery of cloud, data ready solutions and thought-provoking talks. The company said that the “Finastra Universe” platform
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UOB Launches Financing Platform to Drive Energy Efficiency for Buildings, Home Owners
UOB has launched U-Energy, an integrated financing platform to drive the development and adoption of energy efficiency projects for buildings and homes across four markets, starting in Singapore. The bank said that this first of its kind financing platform will
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