Singapore Private Banks Use AI to Help Open Accounts Faster
Singapore’s private banking industry is making progress towards faster account opening as banks simplify onboarding and tailor checks to client risk. Nearly half of new accounts at...
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Singapore’s private banking industry is making progress towards faster account opening as banks simplify onboarding and tailor checks to client risk. Nearly half of new accounts at...
What happens when artificial intelligence stops being an experiment and starts becoming part of how a bank actually works? Singapore’s three largest homegrown banks, DBS, OCBC and...
DBS has appointed Blackstone Singapore Chairman Gautam Banerjee to its group and bank boards effective 1 October 2026. Banerjee also holds the role of Senior Managing Director at B...
OCBC and DBS were the only Singapore banks to make Forbes’ inaugural ranking of the world’s top-performing banks in 2026. OCBC ranked first in Tier 1, followed by DBS in second pla...
Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have joined the Monetary Authority of Singapore’s (MAS) BLOOM initiative as policymaker members. The three central banks w...
DBS, OCBC and UOB have completed live domestic Singapore dollar transactions using tokenised deposits on Swift’s blockchain-based ledger.
Singapore’s Parliament has passed a bill allowing the Monetary Authority of Singapore (MAS) to require banks deemed systemically important to hold additional resources that can abs...
The central banks Thailand and Malaysia are backing a Monetary Authority of Singapore-led public-private sector initiative to advance cross-border settlement in digital money.
The Monetary Authority of Singapore (MAS) today published a consultation paper on proposed legislative amendments to the Payment Services Act 2019 (PS Act) to implement MAS’ regula...
HSBC is considering bringing its wholesale, retail and private banking businesses in Singapore together, Bloomberg reported, citing people familiar with the matter. The lender has...
- - • Strategic investment reinforces Singapore's role as a key wealth hub in Barclays Private Bank's international growth strategy - • Enhanced capability will serve ultra-hi...
Singapore Gulf Bank has expanded its U.S. dollar payment services through BNY’s 24/7 transfer network, giving eligible corporate and retail clients access to qualifying transfers d...
OCBC will let customers in Singapore hold up to RM50,000 in Malaysian ringgit in their savings accounts from 23 October. The bank claims to be the first non-Malaysian bank to intro...
For high net worth clients with international lives, the preferential banking service offers specialised wealth solutions, cross-border support and lifestyle privileges in one seam...
In October 2025, a visitor from China could arrive in Thailand, open Alipay, UnionPay or WeChat Pay, and pay a local merchant by scanning a Thai QR code. The Bank of Thailand said...
UOB and HSBC have completed live cross-border Hong Kong dollar transactions using tokenised deposits on Swift’s ledger. The transactions make UOB the first Singapore-headquartered...
Customers can spend the ringgit using OCBC debit cards or withdraw the currency at ATMs in Malaysia.
The Monetary Authority of Singapore (MAS) is testing AI models that use cross-bank and public-private data to identify suspicious accounts and transactions. The regulator is workin...
Demand from private wealth and institutional clients has prompted DBS to increase its gold storage capacity in Singapore. The expansion comes as the city-state prepares to introduc...
HSBC Private Bank is giving eligible clients in Singapore access to private investment opportunities including some previously reserved for institutional investors. HSBC Access is...
OCBC has partnered with Ant International to launch a tokenised deposit solution for corporate treasury management and liquidity transfers between Singapore and Malaysia. The servi...
BLOOM seeks to cut costs by helping financial institutions coordinate cross-border use of stablecoins and tokenized deposits.Bank Negara Malaysia and the Bank of Thailand joined Si...
UOB has signed a MoU with Amazon Web Services (AWS) to explore developing a dedicated cloud environment in Singapore as part of a proposed hybrid infrastructure model for banking a...
Swift has overhauled its governance structure with the appointment of a new 15-member supervisory board. The board brings together senior executives from major global banks and fou...
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