Latest updates for Association Of Banks In Singapore (Abs)

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Recent items include:

  • Singapore Banks Plan Clearer Legacy, Bereavement Processes in Asia-First Effort
  • Singapore Banks Set 2027 Target for Wider ATM Access Near HDB Blocks
  • Singapore Private Banks Aim to Cut Client Onboarding to Under One Month by 2026

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fintechnews.sg /2 weeks ago

Singapore Banks Plan Clearer Legacy, Bereavement Processes in Asia-First Effort

Singapore banks are moving to cut the friction families face when ageing, cognitive decline or bereavement turns banking into paperwork. The Association of Banks in Singapore (ABS)...

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fintechnews.sg /2 weeks ago

Singapore Banks Set 2027 Target for Wider ATM Access Near HDB Blocks

Singapore’s three local banks and NETS plan to expand ATM and cash access points as part of a wider industry effort to keep physical banking services available for seniors. The mov...

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fintechnews.sg /1 month ago

Singapore Private Banks Aim to Cut Client Onboarding to Under One Month by 2026

The Private Banking Industry Group (PBIG) has committed to reducing private banking client onboarding times in Singapore to under one month by the end of 2026. The move aims to str...

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fintechnews.sg /1 week ago

PayNow Gen2 Wants One QR Code to Work Everywhere in Singapore

PayNow already leads Singapore’s card-based peers on digital payment adoption, yet the Monetary Authority of Singapore and the Association of Banks in Singapore are still studying...

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fintechnews.sg /1 week ago

Five Banks, Singapore Anti-Scam Centre Avert S$38 Million in Scam Losses

Singapore’s Anti-Scam Centre and five banks helped stop more than 600 scam attempts in two months, averting over S$38 million in potential losses. The Anti-Scam Centre, which sits...

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fintechnews.sg /1 month ago

Singapore Banks Are Moving Fast With AI, But Can They Actually Keep Up?

“We’re not ready for this to be very clear,” warned Rajay Rai, Chief Information and Operations Officer at Trust Bank, during a Singapore AI CxO roundtable hosted by Fintech News N...

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asia.nikkei.com /1 month ago

Singapore's DBS to open more wealth centers as rich Asians seek advice

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fintechnews.sg /2 weeks ago

Top 3 Highest-Paid Singapore Bank CEOs in 2025

Searches for the highest-paid bank CEOs in Singapore usually start with a simple question. How much does it take to run one of the country’s biggest banks? A bank CEO’s annual remu...

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fintechnews.sg /2 weeks ago

DBS Completes US$1 Billion Synthetic Securitisation Deal in Singapore First

DBS has completed a US$1 billion synthetic securitisation deal, giving the bank more capacity to lend while marking a first for a Singapore bank. The transaction references a diver...

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fintechnews.sg /3 weeks ago

SaaScada Picks Singapore as APAC Base for Core Banking Push

SaaScada is establishing a Singapore hub to grow its core banking modernisation business across Asia Pacific. CEO and Co-Founder Nelson Wootton will relocate to Singapore to lead t...

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ft.com /1 month ago

Singapore tells banks to speed up account openings for wealthy clients

Regulator tries to strengthen city-state’s position as wealth hub after money-laundering cases lengthened wait times

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fintechnews.sg /1 month ago

Singapore Clarifies Privacy, Traceability Concerns Over PayNow Nickname Removal

The Association of Banks in Singapore (ABS) and the Monetary Authority of Singapore (MAS) have clarified that PayNow nicknames are being removed to curb impersonation scams, not to...

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fintechnews.sg /1 month ago

DBS to Open 18 Wealth Centres Across Asia as Affluent Demand Grows

DBS will open 18 new wealth centres across Asia by the end of 2027 as demand for wealth management services grows among affluent clients. The bank will also upgrade 36 existing wea...

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fintechnews.sg /3 weeks ago

DBS Ranked No. 1 Employer Pick Among Singapore Graduates

DBS Bank is the employer Singapore graduates most want to work for in 2026, according to gradsingapore’s annual ranking. The bank topped the Singapore’s 100 Leading Graduate Employ...

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fintechnews.sg /1 month ago

iFAST Global Bank Rolls Out Worldwide Scan and Pay, Powered by Alipay+

iFAST Global Bank launched the Worldwide Scan & Pay on 20 May 2026. It is a cross-border QR code payment feature enabled via Alipay+, a unified wallet gateway by Ant Internatio...

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fintechnews.sg /1 month ago

DBS Partners Climate Bonds Initiative on Climate Adaptation Financing in APAC

DBS is partnering with the Climate Bonds Initiative (CBI) to develop financing approaches and internal banking capabilities for climate adaptation and resilience in the APAC region...

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fintechnews.sg /1 month ago

DBS Is First Singapore Bank to Launch Tap-to-Phone Payments with Soft Space

Malaysian payment firm Soft Space has supported DBS’ launch of a tap-to-phone feature, making it the first Singapore bank to let merchants accept card payments directly on Android...

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fintechnews.hk /1 month ago

CIMB and China CITIC Bank to Boost China-ASEAN Banking Links

CIMB has signed a Letter of Intent (LOI) with China CITIC Bank to improve financial connectivity between China and the ASEAN region. The agreement focuses heavily on Malaysia and I...

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fintechnews.sg /1 month ago

Singapore to Launch Gold Clearing System, Central Bank Vaulting Services

Singapore will introduce an over-the-counter gold clearing system and central bank vaulting services as it strengthens its role in Asia’s gold market. Deputy Prime Minister Gan Kim...

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fintechnews.sg /1 month ago

Credit Bureau Singapore, Experian Malaysia Plan Two-Way Credit Reporting

Credit Bureau Singapore and Experian Malaysia are working on a cross-border credit reporting service to help lenders assess borrowers with financial footprints in both markets. The...

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fintechnews.sg /1 week ago

Singapore Rules Out Case-by-Case Approval for PayNow Nicknames

Singapore has ruled out case-by-case approvals for PayNow nicknames, citing the risk of impersonation scams. The position was set out in a written parliamentary reply on 7 July 202...

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fintechnews.sg /2 weeks ago

PayNow Could Move Beyond Transfers as Singapore Studies Gen2 Upgrades

PayNow could soon move beyond basic transfers as Singapore studies new features for consumers, merchants, businesses and government payments. The work is being led by the Monetary...

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fintechnews.sg /1 week ago

MAS and China’s Securities Regulator Sign Staff Exchange Agreement

The Monetary Authority of Singapore (MAS) and China’s securities regulator have signed a staff exchange agreement to deepen supervisory ties between their capital markets. The agre...

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webwire.com /3 weeks ago

Standard Chartered China is among the first foreign banks to sign CBETS Direct Participant Agreement

Standard Chartered Bank (China) Limited (“SCB China”) announced the signing of Cross-border e-CNY Transfer Services (CBETS) Direct Participant Agreement with e-CNY Centre Internat...

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asia.nikkei.com

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fintechnews.hk

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fintechnews.sg

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ft.com

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