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BLOCKCHAIN and the underlying Distributed Ledger Technology (DLT) are powerful tools that can transform the financial industry’s banking processes for the better.

DIGITAL banks have been becoming increasingly ubiquitous around the world and Singapore took the first step towards digital banks with the award of licences for the new wave of digital banks in Singapore two years ago.

OVER the course of history, technological advancements have reshaped the nature of money and finance. The decades-long journey from analogue to digital finance has resulted in cash all but disappearing from our lives and made transactions quicker, easier, and cheaper. Most money is now digital, with users able...

INCOME Insurance is moving further in its regionalisation push, with a new partnership in Japan marking its first foray out of South-east Asia and the company’s fifth overseas market in a year.

THE Monetary Authority of Singapore (MAS) will provide a third tranche of funding for the Financial Sector Technology and Innovation (FSTI) scheme with a fresh commitment of S$150 million for the next three years, Deputy Prime Minister (DPM) Lawrence Wong announced on Wednesday (Nov 2).

GREAT Eastern on Wednesday (Nov 2) posted a 30 per cent increase in net profit to S$278 million for the third quarter ended Sep 30, from S$213.3 million a year ago.

GREAT Eastern on Wednesday (Nov 2) posted a 30 per cent increase in net profit to S$278 million for the third quarter ended Sep 30, from S$213.3 million a year ago.

AGAINST a rising-interest-rate backdrop, the Singapore Savings Bond (SSB) is offering an all-time high first year and 10-year average return of 3.26 per cent and 3.47 per cent respectively for the December tranche, which opened on Tuesday (Nov 1).

BUSINESS advisory group Nexia TS announced on Tuesday (Nov 1) that it has rebranded as CLA Global TS, a move which comes after the group joined CLA Global as an independent network member.