OCBC Bank has brought Google Pay's peer-to-peer (P2P) funds transfer service to Singapore, making the Republic the third country where this service is available.
SINGTEL'S NCS and the Network for Electronic Transfers (NETS) have partnered to develop a new electronic payment and securities-settlement platform for central banks in the Asia-Pacific.
WITH selected branches suspending operations to meet stricter safe distancing requirements, banks have come out to assure affected staff that they will suffer no pay cuts, despite being redeployed.
THE Association of Banks in Singapore (ABS) will give away a total of S$500,000 in rewards to small businesses that sign up for PayNow, in a drive to encourage greater use of digital payments to minimise community spread of Covid-19.
THE Association of Banks in Singapore (ABS) will give away a total of S$500,000 in rewards to small businesses that sign up for PayNow, in a drive to encourage greater use of digital payments to minimise community spread of Covid-19.
SINGAPORE-BASED investors have been found to value confidence, financial comfort and risk tolerance more than investors in Hong Kong and Taiwan and are least likely to be impulsive with their investments.
DBS announced on Thursday that it is partnering Chinese consumer electronics maker Haier Group to provide digital financing to the latter's downstream distributors within 24 hours – the first foreign bank to do so.
