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THE Association of Banks in Singapore (ABS) said on Monday that all nine participating PayNow banks will now allow ad-hoc transactions up to S$5,000, allowing customers a wider scope of payments to merchants and friends.

AGRI-FOOD giant Olam International has obtained Singapore's first club loan pegged to the Singapore Overnight Rate Average (Sora) from DBS and the Industrial and Commercial Bank of China, Singapore Branch (ICBC Singapore).

INSURANCE bigwig Aviva's headline S$2.7 billion sale of its Singapore operations to homegrown digital insurer Singlife mirrors a global trend of private equity (PE) firms digging into the strong growth of insurance businesses.

WHAT probability do you give that there might be a new financial crisis? This month, the number crunchers at Oxford Economics, a research group, asked 162 global businesses this question. Their average answer was 20 per cent over the next two years.

THE addressable loan market for Singapore's upcoming digital banks is estimated to be worth S$220 billion to S$243 billion, with these digital-only entities likely to catalyse loan growth in underserved segments, according to DBS Group Research.

IMAGINE you are a brand with a digital advertising campaign. One of your main goals is to reach a certain number of downloads and in-app activity. Mobile marketers like you spend millions on global campaigns, using Google, Facebook, Twitter and various other platforms to place trigger-inducing advertisements...

ANT Group has launched a blockchain trade platform that has roped in banking partners, in a nod to big tech tying up with big banks to tackle the pain points of trade finance.

IMAGINE you are a brand with a digital advertising campaign. One of your main goals is to reach a certain number of downloads and in-app activity. Mobile marketers like you spend millions on global campaigns, using Google, Facebook, Twitter and various other platforms to place trigger-inducing advertisements...

THE Ministry of Health (MOH) and Monetary Authority of Singapore (MAS) will tighten surveillance over integrated shield plan (IP) insurers to protect policy holders from any unfair claims assessment.

DBS on Friday said it is now a bank partner on a newly launched blockchain trade platform developed by a unit of Ant Group.