THE fierce e-wallet war between Grab and Gojek in Indonesia has gone up a notch, with Grab gaining a stake in an Indonesian e-wallet backed by state-owned enterprises (SOEs).
FINANCIAL institutions (FIs) are due to go beyond using NRIC numbers and birth dates to verify customers' identity for services such as phone or online banking.
SOON, financial institutions (FIs) may no longer be allowed to rely on common personal information such as NRIC number, residential address and date of birth as the sole means of identity verification.
CGS-CIMB has turned more positive on Singapore banks, as the brokerage expects credit costs to peak this year with asset quality holding steady moving forward.
COSMETICS giant Sephora has begun advertising its buy-now-pay-later (BNPL) offering in Singapore, where customers can buy makeup and pay in three interest-free monthly instalments.
COSMETICS giant Sephora has begun advertising its buy-now-pay-later (BNPL) offering in Singapore, where customers can buy makeup and pay in three interest-free monthly instalments.
CGS-CIMB has turned more positive on Singapore banks, as the brokerage expects credit costs to peak this year with asset quality holding steady moving forward.
THE Monetary Authority of Singapore (MAS) on Monday announced the launch of a S$35 million Productivity Solutions Grant (PSG) to help smaller financial institutions adopt digital solutions for "more streamlined data reporting" to the regulator.
DIGITAL investments made by Gen Z youth have tripled over the past year, data from OCBC found, with micro-investing, which allows investors to start investing with very low minimum investment amounts, a hit among the group.
