Financial Institutions in Singapore have been asked to actively encourage all customers to use electronic platforms (such as online or mobile banking) for financial transactions, where available.
Tag: Banking
Asian Development Bank opens new office in Singapore
The new space signifies deepening efforts to collaborate on some of the most pressing development challenges facing Asia and the Pacific.
DBS named in Bloomberg gender equality index for 3rd year running
In recognition of the bank’s commitment to workplace gender equality, DBS Bank has been named to the Bloomberg Gender-Equality Index (GEI) for the third year running.
Not mandatory for NRIs to link Aadhaar and PAN cards
NRI News: Indian diaspora in the UAE have been advised to ideally link their Aadhaar and Permanent Account Number (PAN) by the extended deadline date of December 31, 2019.
DBS adopts AI-powered screening technology to enhance compliance
As financial criminals grew increasingly sophisticated, DBS Bank has implemented an artificial intelligence (AI) powered solution to fend off the evolving risks.
DBS reports record total income at 13% increase in 2019 Q3
DBS reported a strong operating performance in the third quarter of 2019, with its total income increasing 13 per cent to a new high of SGD 3.82 billion.
DBS ranked safest bank in Asia for 11th year running
For the 11th consecutive year, DBS retained the title of “Safest Bank in Asia”, awarded by New York-based trade publication Global Finance.
Indians moving to the UK will be able to open an ICICI account before arrival
In a first-of-its-kind service by an Indian bank in the United Kingdom (UK), ICICI Bank UK PLC will allow digital account opening through its mobile application.
SBI Singapore launches new heartland branch
State Bank of India (SBI) Singapore unveiled its new branch office at Jurong East heartlands on Monday with the High Commissioner of India to Singapore, Jawed Ashraf, present as the guest of honour.
Singapore central bank to issue digital bank licences
The move extends digital bank licences to non-bank players.
