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Banks and financial institutions

Citibank Singapore warns of e-mail phishing scams

The bank said it is “actively working” to take down the phishing site.
The bank said it is “actively working” to take down the phishing site.

OCBC rolls out AI avatars, to hire 600 more relationship managers amid wealth push

OCBC group chief executive Tan Teck Long at the unveiling of OCBC WoW, which the bank says is South-east Asia’s first AI-native mobile banking app.
OCBC group chief executive Tan Teck Long at the unveiling of OCBC WoW, which the bank says is South-east Asia’s first AI-native mobile banking app.

Negligent Malaysian e-wallet providers must compensate scam victims within 7 working days: Anwar

Under the framework, victims may also seek independent review through the Financial Market Ombudsman Service if they disagree with a bank’s decision.
Under the framework, victims may also seek independent review through the Financial Market Ombudsman Service if they disagree with a bank’s decision.

DBS completes $1.3 billion significant risk transfer deal, in first for Singapore bank

For DBS, the transaction frees up capital that can be redeployed towards new lending and growth opportunities.
For DBS, the transaction frees up capital that can be redeployed towards new lending and growth opportunities.

Trump’s U-turn on Iran sanctions would unravel decades of curbs

An Iranian flag flying above a poster of Iran’s Supreme Leader Mojtaba Khamenei, in Tehran. Observers say the Trump administration faces an uphill battle to permanently lift Iran sanctions.
An Iranian flag flying above a poster of Iran’s Supreme Leader Mojtaba Khamenei, in Tehran. Observers say the Trump administration faces an uphill battle to permanently lift Iran sanctions.

JPMorgan sets a new succession plan but Dimon plans to stay on 

Jamie Dimon said in 2024 he envisioned an exit in less than five years
Jamie Dimon said in 2024 he envisioned an exit in less than five years

The ‘mass affluent’ are losing their allure for wealth managers navigating AI

Professionals in the wealth industry are trying to figure out what exactly makes a human adviser irreplaceable by AI.
Professionals in the wealth industry are trying to figure out what exactly makes a human adviser irreplaceable by AI.

ATMs, cashpoints will be closer to home as Singapore banks expand support for seniors

Concerns were raised in Parliament in February over the lack of ATMs in some parts of Sengkang, prompting calls for the authorities and banks to ensure convenient banking access for underserved communities. 
Concerns were raised in Parliament in February over the lack of ATMs in some parts of Sengkang, prompting calls for the authorities and banks to ensure convenient banking access for underserved communities. 

New institute to help financial sector adopt AI and implement new technologies

The new Future of Finance Institute (FFI) will provide shared resources and expertise needed to promote the adoption of AI and tokenisation technologies.
The new Future of Finance Institute (FFI) will provide shared resources and expertise needed to promote the adoption of AI and tokenisation technologies.

PayNow users to get unified QR payment experience with proposed upgrades

A unified payment experience for local users and tourists using PayNow and the NETS QR code is in the works.
A unified payment experience for local users and tourists using PayNow and the NETS QR code is in the works.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.