Audi Singapore and Premium Automobiles with DBS Bank completes first trade financing transaction, or letter of credit, on Singapore’s Networked Trade Platform
No-code platforms – where the users need no developer skills to create apps – are getting serious. DB has partnered with one to digitise part of its corporate banking services in Indonesia
Standard Chartered has agreed to back the digital platform Contour - formerly Voltron - which has its eye on modernising the $18 trillion trade finance market
Standard Chartered has taken on a 30-year banking veteran – who has worked across Europe, the US and Asia – to head up its global trade business in Singapore
Lacklustre returns in Europe and the US means HSBC is going back to what, and where, it knows best … Asia. New products and new people are already poised to recapture its home market
You can tell it’s fintech season in Singapore when a new development to Project Ubin – the much anticipated blockchain payment and securities network – is announced by the Monetary Authority of Singapore (MAS)