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THE use of data and artificial intelligence (AI) has become essential to DBS’ operations – from hiring, to predicting staff attrition, to pre-empting which customers may find themselves in financial distress.

UOB has won an appeal against developer Lippo Marina Collection (LMC) in a dispute over “furniture rebates” granted by the latter to property buyers.

UOB’s net profit for its third quarter rose 34 per cent to S$1.4 billion, driven by strong net interest income, higher customer-related treasury income and lower credit allowance, said the bank on Friday (Oct 28).

ASEAN markets will likely slow down but skirt a recession in the coming months, and UOB will benefit from fund flows into the region amid political risks elsewhere, its chief executive officer Wee Ee Cheong said on Friday (Oct 28) as the bank reported a 34 per cent...

THE first half of 2023 will be tough globally and in Singapore, with the combination of high inflation and slower growth meaning that the risk of stagflation cannot be discounted, MAS managing director Ravi Menon said.

IT HAS been nearly eight years since the term “stablecoin” was introduced to the world through the birth of BitUSD – the brainchild of blockchain veterans Charles Hoskinson and Dan Larimer.

RISING interest rates and inflation, as well as the ongoing war in Ukraine, have sent public markets into a tailspin in 2022, and it is especially in such an environment that high net worth individuals (HNWI) should continue allocating investments into private markets to improve the quality of...

A US$35 million hack it suffered earlier this year drove Crypto.com to double down on security. The Singapore-headquartered cryptocurrency exchange said it has been investing in compliance and security to re-establish itself in a sector undergoing a reputational crisis.

WHEN looking at tech companies, the views of a policymaker and an investor can seem at odds with each other – the former focuses on the stability and protection of the broader system, while the latter is looking at profiting off new products and services.

AS DIGITALISATION becomes more prevalent, Ant Group is seeing opportunities in the area of digital payments for small and medium-sized enterprises (SMEs) in South-east Asia as they seek to go global.