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digital bank licences
Banking & finance
All digital banks have joined Credit Bureau Singapore, now able to retrieve consumer credit reports
Being members of CBS, these digital banks will be able to retrieve consumer credit reports.
December 07, 2022
Company in the news
Trust Bank signals StanChart's commitment to Singapore consumer market
Standard Chartered has a “huge competitive advantage” over Singapore’s brand-new digital banks, says CEO Judy Hsu.
November 24, 2022
Broker's Calls
Digital full bank licence to 'accelerate growth' of SeaMoney: DBS Group Research
DBS analyst Sachin Mittal has maintained "buy" on Sea with a higher TP of US$228.
December 07, 2020
Commodities
Chinese e-commerce group ZALL scales up investments in Singapore
Chinese e-commerce group ZALL is investing more in the Commodities Intelligence Centre - its joint venture with SGX and GeTS
September 23, 2020
Disruption and Digitalisation
Digital banks face up to reality
As Asia’s regulators warm to digital-only banks, can the incumbents hold their own?
January 31, 2020
Disruption and Digitalisation
Digital disruption a major wake-up call for Malaysian banks
(Jan 31): The rise of new digital technologies and fintech over the last decade has been a big wake-up call for the banking industry. The disruption these brought, particularly in recent years as consumers became more comfortable using alternatives like G
January 31, 2020
Disruption and Digitalisation
Thailand strives to catch up to Singapore, Hong Kong on digital banking
Authorities in Thailand are trying to keep pace with the digital banking transformation in Asia.
January 10, 2020
Banking & finance
Analysts keep positive outlook on Singapore banks as applications for digital bank licences close
Singapore’s digital banks are unlikely to gain material market share in the medium term,” says Maybank Kim Eng Research analyst Thilan Wickramasinghe.
January 08, 2020
Disruption and Digitalisation
21 groups submit bids for Singapore digital bank licences: MAS
MAS on Tuesday noted that the majority of applicants are consortiums, with entities seeking to combine their individual strengths to enhance the digital bank’s value proposition.
January 07, 2020
Fintech
iFast confirms bid for digital bank license; AUA crosses $10 billion in 2019
By The Edge Singapore
January 03, 2020