POSB

DBS, UOB and OCBC to allow customers to lock-up funds amid rising scam cases - THE EDGE SINGAPORE

Banking & finance

DBS, UOB and OCBC to allow customers to lock-up funds amid rising scam cases

Customers can lock up funds in their bank accounts to safeguard against unauthorised transfers and malware scams.

Disruption and Digitalisation

Government and banks team up to bring financial services to migrant workers

Government and banks team up to bring financial services to migrant workers

Fintech

Fintech startup soCash raises US$6 mil in series B funding round

SINGAPORE (July 22): soCash, the Singapore-headquartered fintech startup, announced that it has raised US$6 million ($8.2 million) in its series B funding round.

Singaporeans love their banks but remains wary of other asset managers, finds survey

SINGAPORE (Sept 20): While a majority of Singaporeans view the city state’s financial services sector as more trustworthy than a decade ago, many are cautious towards less familiar sub-industries and new & emerging digital financial services companies.

DBS/POSB launches Singapore’s first video teller machines across 9 locations

SINGAPORE (April 25): DBS and POSB customers are now able to access nine Video Teller Machines across Singapore – the first of its kind in the city-state.

Singapore Savings Bonds exceed $1 bil in investments, new application channels launched

SINGAPORE (Feb 2): The Singapore Savings Bond (SSB) programme has exceeded $1 billion in outstanding amount with more than 37,000 investors, according to the Monetary Authority of Singapore (MAS).
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