OKX Secures Major Payment Institution License in Singapore, Appoints New CEO
OKX SG secures an MPI license from MAS, appoints Gracie Lin as CEO, highlighting Singapore’s crucial role in global crypto adoption.⬤
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Musim Mas Launches First Sustainability-Linked Revolving Credit Facility
Musim Mas’ CFO, Alvin Lim, underscored the company’s commitment to positive environmental and social impact through this landmark financing arrangement.
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Top 5 challenges faced by virtual banks in Singapore
Virtual banks in Singapore face key challenges, including navigating strict regulatory requirements, building trust, ensuring cybersecurity, and competing with established banks.
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Singapore consumers ranked CIMB as the Best Consumer Bank for Customer Service
CIMB Singapore was named top consumer bank for customer service in The Straits Times survey for the second year, praised for digital innovation
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Loans to female entrepreneurs up 30% post-SME programme: OCBC
Number of loans to female entrepreneurs rises over 30% after launch of SME programme in April: OCBC – make this shorter in 9 words
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Bank of Singapore warns against fake app
Bank of Singapore warns of fake app, reports to authorities; advises affected clients to contact them
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Singapore’s monetary authority sets up review group in bid to revive its equities market
Singapore’s MAS has formed a task force to boost market vibrancy, address challenges, and enhance private sector participation in the stock market
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GFI and ICP Hub Singapore Target Financial Education and Knowledge Sharing Through MoU
GFI and ICP Hub Singapore partner to advance fintech and Web3 ecosystems, focusing on community engagement, talent development, and innovation through a new MoU.
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Prudential Financial expects to grow its representatives’ headcount to 1,500 by end of 2025
Prudential Financial Advisers Singapore rapidly grows, aiming for 1,500 representatives by 2025, to meet rising wealth management needs of Singapore’s high net worth segment.
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OxPay on the Verge of Adding Potentially Lucrative Business: Issuing Credit Cards
OxPay plans to issue credit cards, expand into new markets, and form strategic partnerships, aiming to boost growth and customer loyalty
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