AT a time where most businesses are shoring up their finances against the Covid-19 crisis, payments startup TransferWise has reduced its money transfer fees by around 15 per cent for the majority of its eight million customers globally.
NEARLY 80 per cent of survey respondents in Singapore expect the country to go fully cashless in the next decade, a survey by Standard Chartered (StanChart) has found.
WITH the recent slashing of OCBC's exposure to the offshore support vessels (OSV) sector, the question is whether the bank's plan to rev up its sustainable finance portfolio will be able to make up for the gap.
THE Infocomm Media Development Authority (IMDA) has partnered DBS, OCBC and UOB to develop banking solutions, leveraging nationwide e-invoicing network InvoiceNow and the PayNow e-payment system.
SINGAPORE consumers are shifting towards online banking and online shopping amid the coronavirus pandemic, while also pivoting to better money management and mindful spending, a survey by Standard Chartered (StanChart) has found.
THE Infocomm Media Development Authority (IMDA) has partnered DBS, OCBC and UOB to develop banking solutions, leveraging nationwide e-invoicing network InvoiceNow with the PayNow e-payment system.
SINGAPORE digital banking licence hopeful Zall Smart Commerce Group on Wednesday said it is expanding its Singapore operations and scaling up its investments in the Republic.
DIGITAL wealth manager Syfe has closed an US$18.6 million Series A funding round led by PayPal co-founder Peter Thiel's Valar Ventures, which previously backed Xero, TransferWise and German neobank N26.
PAYMENTS firm TransferWise's earnings for the fiscal year ended March 31, 2020 have more than doubled from the year-ago period, marking the fintech unicorn's fourth straight year of profit as it makes global expansion plans amid the pandemic.
HSBC on Tuesday said it has closed the first receivables financing deal on Singapore's Networked Trade Platform (NTP), paving the way for small and medium-sized enterprises (SMEs) to access funding in just 15 minutes, down from a day traditionally.
