All posts tagged "UOB"
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414Fintech / RegtechMAS Considers the Value of Allowing Virtual Banks in Singapore
The regulator says it is engaging relevant stakeholders to ascertain the unique value that such virtual bank entrants could bring to Singapore's banking landscape.
May 8, 2019 -
701ChinaSGX, UOB Sign Pact to Help Chinese Firms Expand in ASEAN
Chinese firms will be able to leverage SGX and UOB's infrastructure, expertise and networks to expand into Singapore and other ASEAN nations.
April 29, 2019 -
732FeatureTechnology to ‘Transform’ a Third of Singapore Finance Jobs – Study
The main effect of technology will be to "transform" jobs in the financial industry, rather than create or destroy them, says an EY study commissioned by MAS and IBF.
April 24, 2019 -
632Enforcement
MAS Bans Former HSBC, UOB Employees for ‘Egregious’ Misconduct
Three individuals have received lengthy bans, in addition to jail terms, for "criminal conduct at the expense of their customers".
April 11, 2019 -
378Asia-PacificPayments Connectivity Sees Continued Progress in ASEAN
Bank of Thailand outlined a number of key initiatives with other ASEAN nations to increase regional connectivity in cross-border payments.
April 10, 2019 -
698AML / KYC
MAS Details Enforcement Outcomes, Priorities in Inaugural Report
The inaugural enforcement report reveals that MAS issued S$16.8mn in financial penalties and S$698,000 in civil penalties over 18 months.
March 21, 2019 -
648Big PictureUOB, OCBC, DBS to Face Challenging Year Ahead – Moody’s
Singapore's three largest banks will face greater asset risks and stagnation of net interest margins in 2019, making it a difficult year ahead for profitability, according to Moody's Investors Service.
February 26, 2019 -
967AML / KYC
Singapore Pushes Data Analytics, Collaboration to Counter Financial Crime
A new report by Singapore's AML/CFT Industry Partnership identifies key weaknesses of current approaches that can be addressed with data analytics and greater industry collaboration.
November 30, 2018 -
625Big PictureMAS, Central Banks Explore Alternative Models for Cross-Border Payments
The central banks of Singapore, Canada and England jointly released a report discussing emerging opportunities for digital transformation in cross-border payments.
November 20, 2018 -
657MalaysiaSingapore’s UOB Completes Cross-Border P2P Payments in Real Time
In a demo at Singapore FinTech Festival, multiple funds transfers were conducted between a UOB Singapore account and a UOB Thailand account in real time via the bank's mobile app.
November 16, 2018
