Singapore
10 articles
Singapore Dollar Holds Ground as MAS Eyes Policy Shift
Singapore's tech sector is driving growth and inflation, putting pressure on the Monetary Authority of Singapore to act. The US Dollar's momentum, however, keeps the USD/SGD rate pinned near key levels.
Abu Dhabi First Bank targets Asia trade with Singapore summit
Abu Dhabi First Bank wrapped up its third Middle East Asia Summit in Singapore, where capital flows and technology took center stage in talks about reshaping trade and investment between the two regions.
Seviora and Bank FAB launch strategic investment partnership
Seviora and Bank Abu Dhabi First have signed a memorandum of understanding to collaborate on expanding investment opportunities and market access across the Middle East and beyond
DBS and Stripe launch AI payments integration across Asia Pacific
DBS Bank and Stripe have joined forces to embed banking and payment services across Asia Pacific, targeting faster cross-border transactions and new AI-driven commerce tools for businesses and merchants in the region
Eftsure expands global reach with Relish acquisition and AI integration
Eftsure's purchase of US-based Relish brings advanced AI-powered vendor validation and invoice automation under one roof, aiming to secure payments for over 4,000 businesses across 190 countries
ACI Worldwide Moves to Expand Card Processing with Cranium Deal
ACI Worldwide is set to acquire Cranium Ventures, aiming to accelerate the rollout of advanced card switching technology within its ACI Connetic for Cards platform. The move could reshape how financial institutions handle card payments and fraud prevention.
Yen Holds Near 160 as Rate Hike Debate Intensifies in Asia
The Japanese yen remains close to 160 per US dollar as policymakers weigh further Bank of Japan rate hikes, while renewed geopolitical tensions and shifting US interest rate expectations add to currency market uncertainty
Visa and Nium Test Stablecoin Settlement in Singapore's BLOOM Pilot
Visa and Nium are piloting stablecoin settlements under the Monetary Authority of Singapore's BLOOM initiative, aiming to enable faster cross-border payments even on weekends and public holidays
Major Banks Adopt Ant International's FalconTST 2.0 for FX Risk
Barclays, Citi, Deutsche Bank, and Standard Chartered are now using Ant International's FalconTST 2.0 AI platform to improve forecasting and manage currency risk in cross-border payments, with new features designed to address real-world data challenges
US Dollar Faces Pressure as BCA Research Favors Asian and European Currencies
BCA Research signals a shift away from the US dollar, highlighting weakening real yields and reduced foreign investment as reasons to favor the South Korean won, Japanese yen, Taiwan dollar, Singapore dollar, and euro