Tag "Singtel"
Are Digital Banks Breeding a Risky Competitive Climate in Singapore?
Technological developments have accelerated the transformation of financial services, leading to the explosion of digital banks worldwide. In Singapore, the entry of digital banks into the local financial system is driving economic innovation and enhancing financial inclusion, according to a
Read More
Singtel Steps up Investment in Its Venture Arm Innov8 to US$350 Million
Singtel announced its plan to invest a further US$100 million into its corporate venture arm Singtel Innov8, raising its total capital commitment to US$350 million. Innov8 invests in startups that align with Singtel Group businesses in the areas of 5G,
Read More
Singtel to Offer Zip’s BNPL Service Through Its Dash App
Singtel is set to launch Australian Buy Now, Pay Later (BNPL) player Zip’s service on its Dash app in Singapore. This new service provides an alternate payment option for Dash customers, giving them the flexibility to choose between paying for
Read More
What Have Singapore’s Digital Banks Been up To?
It has been six months since The Monetary Authority of Singapore (MAS) announced the four successful applicants for Singapore’s inaugural digital banks. A Grab-Singtel consortium and SeaMoney (an entity wholly owned by Sea Group) snagged digital full bank (DFB) licenses
Read More
HSBC Executes Singtel’s Billion Dollar Digital Asset Issuance on Marketnode’s Platform
HSBC Singapore and Marketnode successfully completed a digital bond issuance on Marketnode’s digital asset issuance, depository and servicing platform. Marketnode is a joint venture between Singapore Exchange (SGX) and Temasek. The transaction with Singtel is said to represent the largest
Read More
DBS, Fave and Singtel Partners to Offer More Cashback to Their Customers
Fave, a fintech platform providing QR payments to restaurants and retailers, has announced a collaboration with DBS Bank and Singtel Dash to offer Singaporeans “more secure digital payment options”. DBS PayLah! and Singtel Dash users can transact digitally via the
Read More
NETS Partners Singtel for Cross-Border Digital Payment Services
Network for Electronic Transfers (NETS) plans to accelerate the development and delivery of its digital cross-border payment services, leveraging Singtel’s ConnectPlus Managed Network and Amazon Web Services’ (AWS’) cloud computing platform. This collaboration will pave the way for Singaporeans to
Read More
Singtel’s Dash App Launches Insurance Savings Plan Underwitten by Etiqa Insurance
Singtel has launched an insurance savings solution for consumers looking to start their savings journey. It is offered exclusively through Singtel’s Dash app and underwritten by Etiqa Insurance. This adds to their existing financial services which currently provides payments, mobile data
Read More
Here Are The Contenders to Singapore’s Digital Banking Race
Singapore’s digital banking license was perhaps one of the most widely discussed topic in 2019 within fintech circles and we suspect 2020 will not be too different with MAS anticipated to issue licenses by mid-2020. There were many speculations as
Read More
OCBC Joins Singtel’s VIA Alliance
Singtel will expand its VIA mobile payment alliance to include OCBC Bank, the first Singapore bank to join the alliance and the second regionally, after Thailand’s KASIKORNBANK. By the first quarter of 2020, OCBC Bank customers will be able to
Read More