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.

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.
Digital full bank licence to 'accelerate growth' of SeaMoney: DBS Group Research - THE EDGE SINGAPORE

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.
Chinese e-commerce group ZALL scales up investments in Singapore - THE EDGE SINGAPORE

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

Disruption and Digitalisation

Digital banks face up to reality

As Asia’s regulators warm to digital-only banks, can the incumbents hold their own?

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

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.

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.

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.
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