Digital banks should count on more than ecosystems, tech to expand in South-east Asia
DIGITAL banks have emerged in South-east Asia as a means to reach out to the underbanked or underserved segments in a cost-effective...
BT Tech In Finance: Tech enabling digital inclusivity (Ep 2)
What about the digitally challenged as more financial entities adopt a digital first approach? Digital inclusivity becomes more of a concern. Serene...
Grab injects S$145.1 million into GXS Bank
GXS Bank received a S$145.1 million capital injection by Grab on Jan 11, according to filings made to the Accounting and Corporate...
Partnerships and focusing on SMEs key for Anext Bank
BANKING the underserved micro, small-and-medium enterprises (MSMEs) has been the key focus for Ant International-backed Anext Bank since its launch in June...
Pure-play digibanks here to stay despite banking disruptions and online scams
DIGITAL banking has become too ingrained in daily life for consumers to give it up, even in the face of disruptions and...
MariBank launches instant cash-out investment account with Lion Global
DIGITAL bank MariBank and its fundhouse partner Lion Global Investors have launched Mari Invest, an investment account with an instant cash-out feature.
MoneyOwl client absorption is latest feather in iFast’s cap
WEALTH management platform iFast Corporation is taking over the investment and insurance business of financial advisory company MoneyOwl.
Higher deposit caps for digibanks unlikely to dent earnings of DBS, UOB, OCBC: report
THE raising of deposit caps for digital banks is unlikely to impact the profitability of Singapore’s trio of local banks – DBS...
Green Link Digital Bank donates S$150,000 to SPD
TO MARK its first anniversary in Singapore, Green Link Digital Bank (GLDB) donated S$100,000 in cash and S$50,000 in medical equipment to...
Green Link Digital Bank grows loan book to S$50 million; eyes IPO on SGX within five years
GREEN Link Digital Bank (GLDB) has grown its loan book from S$20 million on Dec 31, 2022 to S$50 million today, as...