MariBank

Updated version of Singapore's unified QR code, SGQR+, launched by NETS - THE EDGE SINGAPORE

Singapore Fintech Festival 2024

Updated version of Singapore's unified QR code, SGQR+, launched by NETS

This version will go live in 4Q2024, and will see dtcpay, Maribank and Maybank come on board as issuers by 2Q2025.
New digital banks struggle with profitability - THE EDGE SINGAPORE

Banking & finance

New digital banks struggle with profitability

Two years after their launch, the new digital-only banks continue to struggle to turn profitable.

Digital Economy

Sea’s digital bank picks new chief to ward off tough competition

Goh is replacing Yu Dong Zheng as the chief executive officer of the MariBank unit.

Digital Economy

MariBank and Lion Global Investors launch instant cash-out investment account

The account offers investors access to products including the Lion-MariBank SavePlus fund.
GXS raises deposit limit from $5,000 to $75,000, savings accounts now open to public - THE EDGE SINGAPORE

Banking & finance

GXS raises deposit limit from $5,000 to $75,000, savings accounts now open to public

The two digital banks here have reportedly been lobbying the Monetary Authority of Singapore to raise the $50 million deposit cap.

Company in the news

Trust Bank signals StanChart's commitment to Singapore consumer market

Standard Chartered has a “huge competitive advantage” over Singapore’s brand-new digital banks, says CEO Judy Hsu.
Sea stays silent amid layoffs - THE EDGE SINGAPORE

Company in the news

Sea stays silent amid layoffs

Sea is the only digital bank licensee here that has yet to launch and provide details on its offering.
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