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Broker's Calls
Bloomberg Intelligence: credit card operations to remain Singapore banks’ strength in the second half
UOB could see the biggest y-o-y growth in credit cards' contribution to total fee income in 2024 locally, says Bloomberg's Kwok.
July 03, 2024
Broker's Calls
UOB’s credit cards’ contribution to fee income could see highest y-o-y growth thanks to Taylor Swift concert: Bloomberg
For all three Singapore banks, credit cards could become a ‘bright spot’ for fee income this year.
July 25, 2023
Fintech
Trust Bank announces zero FX fee on overseas spending, in-app travel insurance
In its product pipeline, Trust is looking to launch an instant loan product by the next few months.
May 29, 2023
Banking & finance
UOB targets Gen Z customers with revamped credit card
The revamp includes renaming the card to the UOB EVOL card, with accompanying changes in the card’s features.
June 17, 2021
Deals, joint ventures & alliances
Citi, Lazada launch co-branded credit card targeted at millennial consumers
SINGAPORE (Dec 9): Amid the growing purchasing power of millennial consumers in Singapore and the rising number of online shoppers, Citi and Lazada Group have jointly launched the Citi Lazada credit card.
December 09, 2019
Tech
Apple spotlights services with TV, gaming and credit card offerings
CUPERTINO/CALIFORNIA (Mar 26): Apple Inc attempted to reintroduce itself on Monday as an entertainment and financial services company that also makes iPhones as it launched a streaming television service, a credit card and an online gaming arcade.
March 26, 2019
Fintech
Digital payments make for better money management: PayPal
SINGAPORE (Aug 29): New research conducted by online payments company PayPal has revealed that while cash remains king for transactions in Singapore, going digital may be the way to get locals to pay their bills.
August 29, 2017
YuuZoo launches proprietary e-wallet for global use
SINGAPORE (Dec 6): Yuuzoo Corporation has launched YuuWallet, a proprietary electronic wallet (e-wallet) designed for use in developing markets as well as developed markets with low credit card penetration.
December 06, 2016