Singapore

Locked funds cannot be used for payments, investments, and ATM withdrawals.

With the growth of DFS as a key element of the everyday lives of more users here and across the region, it is vital that the infrastructure supporting these technologies remains robust and resilient while providing strong foundations for innovation, writes AWS' Daniel Wu and Elevandi's Pat Patel.

It will no longer be shutting down its website and app.

Participants came from over 150 countries and regions, from just 115 in 2022.

Financial institutions are in strong capital and liquidity positions and have healthy profits.

The feature's purpose is to be a strong defence against malware and phishing scams.

The digital bank targets to be Singapore's fourth largest retail bank, CEO Dwaipayan Sadhu said.

Regulations are expected to take effect in phases beginning mid-2024.

The program is tailored for professionals seeking a spot in the cybersecurity space.

There are no minimum fall-below fees until 31 January 2024.

Chocolate Ventures and Cocoon Capital led the round.

JTC and Kimly have joined the trials in the Doxa Connex platform to simulate payments.

This was due to a rise of malware scams.

It will offer end-to-end Islamic wealth solutions.

Customers can now pay with the QRIS and NETS QR offered in the two countries.

UOB is revolutionising banking with its commitment to an omnichannel experience, strategic acquisitions, and Al-driven personalisation.