A YEAR after its launch in July 2017, peer-to-peer transfer service PayNow is expanding its services to include businesses, the Association of Banks in Singapore (ABS) announced on Wednesday evening...

CHINESE banks - Bank of China and Industrial and Commercial Bank of China (ICBC) - have been added to the list of banks offering PayNow on Monday, making it a total of nine banks offering the peer-to...

DBS Bank announced on Thursday it will help its corporate clients reduce their cheque use by 30 per cent from current levels within the next two years, in a bid to help them keep pace with the...

SASS AND THE CITY

AS THE cold steel sword snapped to meet the end of the sheath, the female protagonist in a yellow jumpsuit resisted the blatant Bruce Lee howl. Her name is Uma The-Woman, short for Quentin You can...

SINGAPORE BUDGET 2018

BUSINESSES will soon be able to receive payments from other businesses and even consumers through homegrown funds transfer tool PayNow, announced Vivian Balakrishnan, Minister-in-Charge of the Smart...

SINGAPORE is not going cashless "for its own sake", but to enhance the competitiveness of its economy, said Vivian Balakrishnan, minister-in-charge of the Smart Nation Initiative, at the...

MAJOR retail banks offering mobile payments options here will effectively have about six months to ensure proper notification of e-payment transactions by their customers, as the regulator moves to...

CONSUMERS and small businesses wary of e-payments due to fears of unauthorised transactions through their bank accounts can soon be assured of no liability as long as they keep the account details...

THE first peer-to-peer fund-transfer service in Singapore is expected to be extended to corporates and businesses in 2018, as Singapore ramps up its cashless services to bring greater efficiency to...

SINGAPORE and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance, as officials step up efforts to curb the use of cash.