DBS Bank has announced the launch of a US$2 billion green bond program , aimed at financing renewable energy, green buildings, and low-carbon transport projects across Asia. The issuance is part of DBS’s commitment to achieve net-zero operational e
HSBC has introduced a suite of AI-driven wealth advisory tools for clients in Singapore, marking a significant step in the digital transformation of private banking. The system uses machine learning to analyze market trends, client risk profiles, and
United Overseas Bank (UOB) has expanded its cross-border payment services across seven ASEAN markets , enabling near real-time transfers for both retail and SME clients. The initiative leverages partnerships with fintech providers and local clearingh
Singapore’s digital banking sector is showing strong momentum as new players report rapid customer acquisition and deposit growth. According to the Monetary Authority of Singapore (MAS), digital banks collectively reached over 1.5 million retail cu
Singapore continues to strengthen its position as a private banking hub, offering sophisticated wealth management services tailored to Asia’s rapidly expanding millionaire class. A recent report by Boston Consulting Group revealed that private weal
Singapore’s digital banks are reporting record growth in 2025, driven by consumer demand for faster, cheaper, and more convenient financial services. According to the Monetary Authority of Singapore (MAS), the number of customers opening accounts w
Small and medium-sized enterprises (SMEs) remain the backbone of Singapore’s economy, and banks are stepping up efforts to provide tailored financing solutions to support their growth in global trade. According to Enterprise Singapore, SMEs account
Editor’s note: The India–Singapore instant-payments corridor is being built in layers. July’s expansion pumped in more banks and signaled “live” status for everyday users. What’s new In mid-July, India’s payments body announced that 13
Editor’s note: Trust’s growth story is not just sign-ups. We examine the higher Trust+ cap, the metal card push, and whether engagement can convert to profitability. The milestones Trust confirmed in February that it had reached one million custo
Editor’s note: Feature and policy moved in tandem this month—GXS shipped a user-level safeguard while the Protection from Scams Act commenced. Here’s how they intersect. What’s new GXS launched “Money Lock,” letting customers lock the fun