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DBS aims to have in the next few years a million retail customers insured and invested as it looks to tap a more consolidated trove of customer data to ramp up its digital financial advisory tool.

UOB is banking on an omni-channel approach to hold off competition from the upcoming Singapore digital banks, as its data shows customers still prefer the face-to-face approach in certain cases.

DBS has witnessed its share price rise in recent years from 2016 till June 2018 with a strong intermediate five-wave impulse move. Prices reached a high of S$31.18 during the period. Using wave analysis, DBS had a strong sub-third wave extension starting from December 2016 till March...

WEALTH management platform iFast Corp plans to continue pursuing a digital banking licence both in Singapore and abroad, despite its failed bid for a digital wholesale bank (DWB) licence from the Monetary Authority of Singapore (MAS).

FROM early 2022, four digital banks will emerge onto Singapore's banking scene. The incumbents are already sounding the battle cry as the Covid-19 crisis marks digital finance as the way forward. They will also start a new chapter in Singapore's banking liberalisation story as regulators inject diversity...

GRAB and Singtel's consortium is making cybersecurity a top priority for their digital bank. This comes as the new entity faces increasing expectations to prove to regulators and consumers over the next year that its cybersecurity defences are robust enough.

STANCHART Singapore on Friday told The Business Times it is exploring an additional banking licence under the Significantly Rooted Foreign Bank (SRFB) framework in Singapore.

IFAST Corporation was not aware of the outcome of the results of the digital banking licence as at Friday afternoon, it said in an exchange filing at 3.09pm in response to a query by SGX.

SINGAPORE banks welcomed the four freshly anointed digital banks in Singapore, with a message that they are also ready for the competition.

THE digital full bank set up by the Grab-Singtel consortium will hire around 200 staff in Singapore by the end of next year to build up a robust banking infrastructure.