Gupshup buys Singapore’s Active.Ai to enhance offerings for banks
US-based conversational messaging platform Gupshup has acquired conversational AI platform Active.Ai used by banks and fintechs. The financial value of…
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Validus eyes business expansion via CitiBusiness small business loan deal
Fintech platform Validus has brokered a deal to acquire Citi Singapore’s CitiBusiness small business loan portfolio. The financial details of the deal…
MAS imposes additional capital requirement on DBS for service disruption
Singapore’s banking regulator has imposed an additional capital requirement on DBS Bank following the disruption in digital banking services in November last year. The…
MAS working on framework on sharing liability from scam-related losses
The Monetary Authority of Singapore (MAS) has announced that it is working to devise a framework to ensure equitable sharing of scam-related…
Emirates NBD, APIX Singapore to further fintech innovation
Emirates NBD, a banking group operating in the Middle East, North Africa and Turkey (MENAT) region, has joined forces with a…
Singapore watchdog unveils measures to bolster digital banking security
The Monetary Authority of Singapore (MAS) has announced that it is working with the Association of Banks in Singapore (ABS) to make…
OCBC may face supervisory action over recent phishing scam
The Monetary Authority of Singapore (MAS) may take supervisory action against the Oversea-Chinese Banking Corp (OCBC) after the lender failed to prevent…
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Friz, MatchMove partner on neo-banking platform for freelancers
Singapore-based fintech Friz has joined forces with embedded finance provider MatchMove to offer a neo-banking platform for freelancers. The platform…