FinTech

SINGAPORE (Oct 11): Up to 40% of consumers globally are reporting less reliance on their traditional bank and increased excitement about alternatives, according to the EY 2016 Global Consumer Banking Survey.

SINGAPORE (Oct 5): Sakae Holdings’ wholly owned subsidiary, Sakae Corporate Advisory has established a new company, Sakae Fintech, which will be in the business of providing corporate advisory services.

SINGAPORE (Oct 3): Financial technology (fintech) skills development is set to get a boost with the Monetary Authority of Singapore (MAS) today signing a memorandum of understanding (MOU) with the five local polytechnics.

SINGAPORE (Sept 26): Starland Holdings has entered into a sale and purchase agreement with holding company GRP Limited to dispose its entire stake in wholly owned subsidiaries, Starland Axis, and Starland Commercial.

SINGAPORE (Sept 23): Samuel Tsien, CEO of Oversea-Chinese Banking Corp, does not worry about fintech companies chipping away at the hold OCBC has on its customers.

SINGAPORE (Aug 24): Even as the Monetary Authority of Singapore (MAS) tries to grow the emerging fintech sector, it is recognising that regulators such as themselves can pick up a new skill or two in keeping pace with changes within the financial industry

SINGAPORE (Aug 16): Back in 2014, China-based Dezheng Resources duped a number of banks into providing financing for the same goods sitting in the port city of Qingdao.

SINGAPORE (July 11): DBS Bank says its big investments into creating and implementing digital technologies have helped it acquire new customers more cheaply while generating more revenue.