Singlife unveils new brand after acquisition of Aviva Singapore

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Following Singlife’s acquisition of Aviva Singapore and subsequent combination of the businesses, it has launched its new brand, known as Singlife with Aviva.

The SG$3.2 billion merger was one of the largest insurance deals in Southeast Asia. The transaction brought together Singlife’s capabilities in insurance technology and Aviva Singapore’s 40-year track

record in insurance and investment, advisory capabilities and wide customer base, the company said.

Singlife with Aviva offers life, health, general and employee benefits insurance. It also offers investment in mutual funds and unit trusts, through its dollarDEX and Navigator platforms, and the Singlife Debit Card.

The

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AXIS Insurance CEO to leave in 2022; replacement named

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“I couldn’t be more proud of the work that AXIS Insurance has accomplished over the past eight years – we’ve made tremendous progress in strengthening the business,” said Wilson. “AXIS Insurance is set on a strong course for the future, and I look forward to working with Vince in the coming months to ensure a smooth transition.”

In his initial role as senior advisor – insurance market strategy, Tizzio will report to Albert Benchimol, president and CEO of AXIS, and he will serve as a strategic counsellor to the executive committee. He will not take on direct reports or assume

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The evolution of the European payments market: From cash to digital

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A new study by Payments Europe shows the extent to which new trends have emerged post-pandemic regarding the payment’s behaviour of consumers and merchants in Europe.

According to the report, The evolution of the European payments market: From cash to digital, what do Europeans want? Europeans have increasingly moved to using digital methods of payments, with 8 in 10 in-store transactions being electronic in 2021.

Interestingly, over 2 in 3 users (67% of consumers, 70% of merchants) want this trend to evolve even further and noted that they welcome government initiatives to encourage the use and acceptance of electronic payments.

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People’s Bank of China launches Android, iOS wallet apps for digital yuan

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People’s Bank of China’s (PBOC) has released a pilot versions of its e-CNY, digital yuan wallet application on app stores as the central bank steps up its push to develop its own digital currency.

PBOC launches wallet apps for digital yuan

The “e-CNY (Pilot Version)” app, developed by the PBOC digital currency research institute, is now available for download on Chinese Android and Apple app stores.

A notice in the app said it is in a research and development pilot phase and is only available to selected users through supported institutions that provide e-CNY services, including major domestic banks.

PBOC

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