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More Than Half the Fintech Industry Seeing Growth from Strong Consumer Demand
The fintech industry, having navigated through the turbulent waters of the COVID-19 pandemic, has demonstrated not only resilience but also a robust capacity for growth. This period of upheaval has catalysed a significant transformation within the sector, with fintech firms
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Rohith Murthy Named MoneyHero CEO, Aggarwal Moves to Advisory Role
Financial product comparison platform MoneyHero announced the immediate appointment of Rohith Murthy as the Chief Executive Officer (CEO). His appointment comes on the heels of Prashant Aggarwal’s resignation, which took effect on 20 February 2024. Aggarwal, who guided MoneyHero from
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Three Singapore Banks Step Up to Combat Rising Cost of Living for Junior Staff
Three of Singapore’s leading banks have announced substantial financial aid packages in a move to support junior employees during times of economic inflation. This initiative, kick-started by DBS, followed by OCBC, and then UOB, is in response to the latest
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How Will MAS New Amendments Impact Financial Crime Enforcement
The Monetary Authority of Singapore’s (MAS) legislative reform initiative, encapsulated in the Financial Institutions (Miscellaneous Amendments) Bill (FIMA Bill), signifies a strategic overhaul aimed at enhancing the regulatory and enforcement framework governing Singapore’s financial sector. This move is indicative of
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Eric Cheung to Lead Zühlke’s Growth Strategy in APAC as New CEO
Zühlke Group, a Swiss-based IT service management company, has announced the appointment of Eric Cheung as its new CEO for the Asia Pacific (APAC) region. Cheung is also a member of the Group Executive Committee now. In his new role,
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David Chen Steps Down as Atome CEO, Joins GoTo as Head of Consumer Lending
David Chen, previously CEO of the Buy Now, Pay Later (BNPL) firm Atome, has stepped down to join Indonesia’s GoTo Financial as Head of Consumer Lending. According to Atome, Chen had significantly contributed to the firm’s growth into a leading
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OCBC to Offer S$9M Financial Aid to Junior Staff Worldwide Amid Rising Living Costs
OCBC Bank plans to distribute a one-time financial aid package totaling nearly S$9 million to its junior employees worldwide, aimed at alleviating the impact of escalating living costs. The disbursements are scheduled between February and March 2024. This initiative is
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Sleek Partners With Absolute Immigration to Ease Global Talent Hiring for Aussie Firms
Sleek, a platform providing incorporation and accounting services for SMEs and entrepreneurs, has announced its partnership with Absolute Immigration. This collaboration is designed to simplify the complex immigration process for business owners needing to hire global talent, furthering Sleek‘s services
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GoTo Shoots Down Rumours of Merger Talks With Grab
Indonesia’s GoTo Group, a ride-hailing service in Southeast Asia, denied reports that it is discussing a merger with Grab Holdings, another major player in the region. This announcement comes after speculation that the two companies were considering a deal, potentially
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Temenos Registers High Net Promoter Score, Signifying Strong Customer Approval
Banking software company Temenos revealed it has secured a Net Promoter Score (NPS) of +54. The NPS is a widely recognised metric used to gauge the likelihood of customers recommending a company’s services to others where any score above 50
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