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THE financial world has resolutely embarked on a series of actions directed towards sustainable investment, involving banking, insurance and asset management, collectively called "the financial sector".

UOB Kay Hian, the largest securities brokerage in Singapore, has emerged as a keen suitor for the 150-odd remisiers and retail equity trading representatives at DBS Vickers, the broking arm of Singapore government-linked DBS Bank.

FOR the last century, new communications technologies - radio, television, VCRs, the Internet - have all been initially sold as something that will help with education, and have actually been used for entertainment. We suggest a corollary for new financial technology - it's initially sold as something...

IT was a risk-on day for the local bourse, and DBS Group Holdings got an extra boost, gaining up to 3 per cent to outperform the local benchmark.

PAYMENTS giant Visa plans to halve its global fraud rate by 2025, having been using artificial intelligence to prevent an estimated US$25 billion in fraud annually.

AIA Singapore's wealth managers will be getting training and Institute of Banking and Finance Singapore (IBF) certification similar to that of a private banker, under a partnership with Nanyang Technological University's Wealth Management Institute (WMI), the insurer said in a media statement on Wednesday.

AT first glance, South-east Asia's financial services seem to be readily available to all because of fintech's growth. Many financial institutions in the region are already providing digital services for those who are "banked" or have access to traditional financial services.

A NEW equity fund by UOB Asset Management (UOBAM), a wholly owned subsidiary of United Overseas Bank, allows retail investors to invest in innovative firms of varying market capitalisations in both developed and emerging markets.

THE Monetary Authority of Singapore (MAS) has issued prohibition orders against an ex-UBS banker who in 2013 forged letters from foreign law firms to deceive the Swiss private bank into believing that certain UBS clients were tax compliant in their home countries.

SINGAPORE's Big Three banks are able to defend their market share against fintech competitors despite the rapidly growing threats to their business from these upstarts, Moody's Investors Service said in a report on Monday.