OCBC Bank announced on 11 November 2019 their partnership with Google to bring a refreshed Google Pay app to Singapore in January 2020. The partnership will enable OCBC Bank customers to be the first in Singapore to make account-to-account PayNow fund transfers using the enhanced features of Google Pay.
Like all businesses hit by the pandemic, small and medium enterprises (SMEs) in Southeast Asia have had to adapt to survive the unexpected disruption. From retailers to food outlets, many moved to online channels, while others looked to digital technologies to better optimize operations and keep their...
Enterprise Singapore is focusing on strengthening the startup ecosystem in Singapore by working with global and local partners. This supports the national Research, Innovation and Enterprise 2020 Plan to build a strong core of innovative enterprises and startups to capture global opportunities and create high value jobs...
Green Link Digital Bank (GLDB) commences banking business, seeking  to serve Micro-Small-Medium-Enterprises (MSMEs) with banking and financial services through their supply chain financing and technological solutions.  GLDB seeks to leverage their experience in supply chain financing and technological solutions to provide accessible commercial banking,...
The Monetary Authority of Singapore (MAS) has issued revised Technology Risk Management Guidelines to keep pace with emerging technologies and shifts in the cyber threat landscape. The revised Guidelines focus on addressing technology and cyber risks in an environment of growing use by financial...
EDB New Ventures, the corporate venture building arm of the Singapore Economic Development Board (EDB), today announced the launch of the Corporate Venture Launchpad (CV Launchpad). The $10 million pilot programme supports large and established Singapore-based companies in building ventures in new growth areas beyond their existing...
The State Bank of India is planning to expand its market in Singapore by enhancing its relationship across small and medium enterprises (SMEs) some of which have strong footholds across Asia Pacific. Acknowledging the stiff competition from fintech companies, the SBI is also contemplating...
DBS is making online corporate account opening for SMEs even easier with the use of facial biometrics to speed up information authentication and verification. This new feature runs on the Government Technology Agency of Singapore’s (GovTech) innovative SingPass Face Verification technology, and DBS is...
Salesforce and the Singapore Business Federation (SBF), have announced the 120 successful recipients of the Salesforce Small Business Relief Grants Programme. Each recipient will receive a one-off cash grant of S$8,000 to address their immediate cash flow needs, preserve jobs, and embark on initiatives during this challenging...
United Overseas Bank (UOB) announced on 26 November its collaboration with three homegrown solar companies, SolarGy, SolarPVExchange and Sunseap Group, to accelerate the use of solar energy in Singapore. The tie-up is part of the Bank’s U-Solar program which connects the entire solar power value chain...