Digibank

Banking & finance

GXS Bank on track to launch business banking solutions in 1Q2025

The bank is also aiming to introduce a new vehicle to its retail banking capabilities.

Banking & finance

DBS and UOB not worried about competition from digital banks

Traditional banks in Singapore have managed to maintain market share in casa growth despite the presence of pure digital banks.

Banking & finance

DBS on track to hit $10 bil net profit

For the first time in the next couple of years, a Singapore bank has the chance to hit $10 billion in net profit
Trust Bank announces zero FX fee on overseas spending, in-app travel insurance - THE EDGE SINGAPORE

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.
Digital banks unveiled, incumbents respond with higher interest rates - THE EDGE SINGAPORE

Disruption and Digitalisation

Digital banks unveiled, incumbents respond with higher interest rates

The digital banks’ maiden products are putting them in direct competition for funds with the incumbent local banks and the QFBs.
StanChart, FairPrice-backed Trust Bank officially launches, offers first-to-market numberless credit card - THE EDGE SINGAPORE

Company in the news

StanChart, FairPrice-backed Trust Bank officially launches, offers first-to-market numberless credit card

Trust offers rewards of up to 21% as a promotional launch rate on everyday spending at FairPrice’s touch points.
A peep at Grab’s financial services performance  through the lens of its balance sheet - THE EDGE SINGAPORE

IPO

A peep at Grab's financial services performance through the lens of its balance sheet

Grab's and Sea's eye popping valuations prompt a rethink of valuation yardsticks and capital structures

Tech

DBS’ next logical step in fintech is AI

SINGAPORE (Nov 14): DBS Group Holdings on Monday officially opened DBS Asia X, a 16,000 sf innovation space at Sandcrawler Building in Fusionpolis that features co-working spaces for up to 100 people. The new facility is part of DBS’ plan to develop a F

Tech

DBS first to bank on cloud-based productivity technology

SINGAPORE (June 28): Some 1,000 DBS Bank employees have started using Microsoft’s Office 365 in the workplace, as part of a pilot that sees DBS become the first Singapore bank to adopt cloud-based productivity technology.
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