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Singapore life insurance sector sees 1% rise in new business premiums for Q1 to S$937.2m: LIA

SINGAPORE’s life insurance industry saw a 1 per cent growth in weighted new business premiums to S$937.2 million for the first quarter of 2019, the Life Insurance Association Singapore (LIA) said on Thursday.

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China fintech Pintec opens international HQ in Singapore, plans R&D centre too

NASDAQ-LISTED Chinese fintech solutions provider Pintec Technology has opened its international headquarters (HQ) in Singapore to further expand its global business.

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UOB rides on Shopmatic’s digital solutions to help SMEs get on e-commerce bandwagon

UNITED Overseas Bank (UOB) is integrating the digital solutions of e-commerce solutions provider Shopmatic, into its suite of cloud-based business solutions "UOB BizSmart" to help small businesses build e-commerce websites quickly and expand their sales channels.

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Not all banks are evil, and so TransferWise comes a-calling

ONCE a brash provocateur of banks, TransferWise is now hoping to cosy up with more banks in the Asia-Pacific, with its head of global banking partnerships having engaged with a dozen banking partners in the region in the last couple of days to try to sell its...

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Virtual bank licences for fintechs? MAS still weighing pros and cons

IN DECIDING whether to issue virtual bank licences to fintech firms, the Monetary Authority of Singapore (MAS) is reviewing how "unique" such offerings might be, and how potential risks will be managed and contained.

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Virtual banks cannot play one-size-fits-all in Singapore: OCBC CEO

FINTECHS seeking inroads here as a "digital-only bank" cannot operate on a one-size-fits-all if they are to compete in a well-banked environment in Singapore, OCBC's group chief executive officer Samuel Tsien told The Business Times.

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MAS studying virtual bank licensing regime for fintech firms

THE Monetary Authority of Singapore (MAS) said on Tuesday it is studying whether to admit digital-only banks that have emerged out of fintech firms as licensed entities.

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CDP account opening goes fully digital: SGX

BOURSE operator Singapore Exchange (SGX) launched a fully digital application service for Central Depository (CDP) accounts on Monday.

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HSBC S’pore hires ex-OCBC exec for newly created trade finance role

HSBC Singapore has hired Tze Tze Lee as the head of product and propositions, a newly created role within the bank's global trade and receivables finance team in Singapore.

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HSBC Singapore hires ex-OCBC exec for newly created trade finance role

HSBC Singapore has hired Tze Tze Lee as the head of product and propositions, a newly created role within the bank's global trade and receivables finance team in Singapore.

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