Tag "Standard Chartered"
StanChart Embarks on Layoffs Across Singapore, London and Hong Kong Hubs
Standard Chartered has begun the process of cutting more than 100 jobs across its Singapore, London and Hong Kong offices to trim costs by more than US$1 billion by 2024, according to a Bloomberg report. Previously, the bank had aimed
Read MoreStanChart Partners FIS’ Worldpay to Simplify Payment Experience for Merchants
Standard Chartered has partnered with Worldpay from FIS to expand the market coverage and enable new capabilities on the bank’s one-stop digital collections gateway for merchants, Straight2Bank Pay. Both entities are collaborating to develop a comprehensive suite of digital collections
Read MoreBitcoin Poised to Reach US$100,000 by End-2024, Says StanChart Researcher
Bitcoin is likely to reach US$100,000 by the end of next year in a sign that the crypto winter might be waning, according to lead researcher at Standard Chartered, Geoff Kendrick in a note on April 24. As the bank’s
Read MoreSC Ventures Invests in Financial Planning Advisor BetterTradeOff
BetterTradeOff (BTO), a Singaporean fintech offering online financial advisor solution, has secured an undisclosed sum from Standard Chartered’s investment arm SC Ventures, according to a report by The Edge Singapore. Standard Chartered Bank has an existing partnership with BTO in
Read MoreStandard Chartered Trained Over 8,000 Staff in a Bid to Futureproof Its Talent
Standard Chartered Bank has trained over 8,000 of its employees in Singapore as a part of its S$8 million investment to futureproof its talent. The bank has a growing suite of training and upskilling programmes offered through its Singapore-based global
Read MoreAll 5 Singapore Digital Banks Are Now Members of the Credit Bureau
The five digital banks licensed by the Monetary Authority of Singapore (MAS) are now members of the island state’s credit bureau. This brings the Credit Bureau Singapore’s (CBS) members to 36. The two full digital banks Grab and Singtel’s GXS
Read MoreTop 10 Highlights from Last Week’s Singapore Fintech Festival
The seventh edition of the Singapore Fintech Festival (SFF), one of the world’s largest annual fintech events, kicked off on October 31, 2022 as an in-person event at the Singapore Expo. This year’s event, themed “Building Resilient Business Models amid
Read MoreMeet the 36 SFF Global Fintech Awards Winners
36 companies and individuals have been selected as winners of the SFF Global Fintech Awards 2022 under the theme “Embracing Digital, Charting the New Normal”. The winners, which were announced during the Singapore Fintech Festival’s Fintech Awards Dinner, were selected
Read MoreStandard Chartered Joins Partior as Founding Partner With Strategic Investment
Standard Chartered announced today at the Singapore Fintech Festival that it has made an investment in Partior and is now a founding shareholder. The sum was not disclosed and is subject to regulatory approvals. Founded by DBS, J.P. Morgan and
Read MoreMAS Completes Its First Digital Asset Live Trades Under Project Guardian
The Monetary Authority of Singapore (MAS) announced that Project Guardian, its project exploring decentralised finance (DeFi) applications in wholesale funding markets, has completed its first live trades. The trades were conducted under Project Guardian’s first industry pilot which saw DBS,
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