Tag: Singapore

Activity, Corporate Banking

WhatsApp partners Stripe to enable in-app business payments in Singapore

May 10, 2023

Via: FinTech Futures

By leveraging Stripe’s Connect and Checkout solutions, WhatsApp will provide Singapore customers and businesses with a new feature that allows them to buy and sell directly on WhatsApp, without having to go to another website or app to complete the […]


Singapore’s Trust Bank taps FIS for real-time payments

February 1, 2023

Via: FinTech Futures

Trust Bank will make use of FIS’ Open Payments Framework offering to facilitate all its payment transactions, including traditional and real-time payments. FIS says its cloud-native solution will make payments “safer and faster” for Trust Bank’s customers, as well as […]

Capital and Risk, Operational

Banks must improve cyber risk culture, says MAS panel

October 1, 2019

Via: Banking Technology

The Cyber Security Advisory Panel (CSAP) convened in late September, in a discussion chaired by MAS managing director Ravi Menon. It found that risk culture was often a contributing factor during cyber incidents. According to MAS, CSAP members highlighted that […]


UnionBank pilots blockchain-based cross-border remittance

July 23, 2019

Via: Banking Technology

The bank partnered with Singapore’s OCBC Bank to make the remittance via the Adhara liquidity management and international payments platform and UnionBank-UBX’s i2i platform. A blockchain-based tokenised fiat was used to remit from OCBC Bank to an account holder at […]

Retail Banking

OCBC Bank turns tellers into digital ambassadors

July 23, 2018

Via: Banking Technology

The plan is to install ATMs and digital service kiosks at 35 of its branches by 2020. The bank says its redeployed tellers will become branch digital ambassadors and service executives or perform other advisory roles. To make it clear, […]


High five for Apple Pay in Singapore

May 25, 2016

Via: Banking Technology

Apple Pay support is expanding beyond American Express to Visa and MasterCard credit and debit cards from five of Singapore’s major banks. The big banks include POSB, DBS, OCBC, Standard Chartered and UOB. This latest deal is a significant development […]