Digital banking
Singapore investors build showcase of banking expertise in Gulf
Singapore Gulf Bank is set up by private investment group Whampoa and Bahrain’s sovereign wealth fund
DBS to impose 12-hour cooling period for adding new payees, raising daily transfer limits
The change will take effect on Mar 7
Philippines’ digital banks chase profits as regulator ups the stakes
Both GoTyme and Tonik have said they aim to become net profitable in the next year
Trust Bank launches retail trading platform for US stocks and ETFs, offering in-app fractional investing
Since admitting investors from its waitlist in November 2025, 10,000 customers have opened trading accounts
Malaysia’s Boost bets on MSMEs, not hype, in its race to unicorn status
It is eyeing a valuation target of ‘a couple of billion dollars’ within five years
Digital banks in South-east Asia face profit pressure as rates slump and credit risks rise
Preserving deposits and embedding products within ecosystems could prove vital, say market watchers
Grab-Singtel’s GXS bank cuts about 10% of workforce as it moves on from early-stage operations
Loss of 82 jobs part of the group’s transition from building a bank to running the operations: CEO Lai Pei-Si
Grab-GoTo merger could be ‘colossal’ for Indonesia’s fintech hopefuls, say analysts
Merging the superapp giants could change not only the face of South-east Asia’s ride-hailing market, but also its digital lending space
Revolut’s valuation hits US$75 billion as it completes fundraising
Investors Coatue, Greenoaks, Dragoneer and Fidelity lead the round
Fraud and scam claims against digital banks in Singapore on the rise
The banking industry, together with regulators and other stakeholders like the telcos, has stepped up the fight against scams
