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DBS has rolled out the banking industry's first digital audit confirmation solution, DBS Audit Confirmation, on its online corporate banking platform DBS IDEAL.

ROBO-ADVISER StashAway has attracted more than US$1 billion in assets under management in three-and-a-half-years.

The future of China's financial super-apps has been thrown into question. The central bank is defining unhealthy dominance in specific market-share terms, while emphasising the separation of digital payments from interest-bearing accounts. That complicates efforts to cross-sell more profitable financial services and threatens Ant and Tencent's business...

SINGAPORE Exchange (SGX)-backed digital securities platform iSTOX has raised US$50 million in Series A funding, with new Japanese government-backed investors added to its list of backers.

FOUR months after handing down a landmark judgement allowing creditors to legally seize money held in joint bank accounts under certain circumstances, the High Court ruled this month that the provisional garnishee orders it earlier granted in this case should not be executed.

RECENT moves by tech firms to acquire small Indonesian banks will add more colour to Asean's financing landscape, but are unlikely to pose a material challenge to the biggest incumbent lenders in the near term, said Fitch Ratings.

THE Housing and Development Board (HDB) has issued S$800 million worth of five-year notes, carrying a fixed coupon rate of 0.635 per cent per annum.

FOUR months after handing down a landmark judgement allowing creditors to legally seize money held in joint bank accounts under certain circumstances, the High Court ruled this month that the provisional garnishee orders it earlier granted in this case should not be executed.

THE former managing director of WeWork South-east Asia and Korea Turochas "T" Fuad has launched Pace Enterprise, a fintech solutions provider with a buy-now-pay-later (BNPL) solution.

RECENT moves by tech firms to acquire small Indonesian banks will add more colour to Asean's financing landscape, but are unlikely to pose a material challenge to the biggest incumbent lenders in the near term, said Fitch Ratings.