Welcome!
digital banks
Banking & finance
Trust Bank to launch TrustInvest in 2025
TrustInvest will allow its customers to select from a range of investment solutions designed for the bank’s customers.
2 days ago
Right Timing
The digital banks that make a profit
As challenger banks struggle to turn earnings positive, the local banks' share prices have powered ahead
July 04, 2024
Banking & finance
GXS raises deposit limit from $5,000 to $75,000, savings accounts now open to public
The two digital banks here have reportedly been lobbying the Monetary Authority of Singapore to raise the $50 million deposit cap.
July 19, 2023
Company in the news
GXS offers flexible loans to the 'thinly-served' while nearing MAS deposit cap
By allowing early loan repayments without additional fees, GXS could be reducing its potential interest income.
May 04, 2023
In Focus
AWS commits to helping Southeast Asian banks take full advantage of the cloud
Helping digital banks like Trust Bank and Timo Bank achieve their goals as well as providing cloud training programmes for FSIs.
November 29, 2022
Banking & finance
'Welcome to our world': Local banks warn of tough competition for challengers
In this “hyper-competitive environment”, do Singapore's three incumbent banks feel threatened by the new digital challengers?
September 22, 2022
Company in the news
Standard Chartered's new regional wave
StanChart has been known to serve wealthy clients. Is Trust a way for StanChart to expand into other segments?
September 22, 2022
Company in the news
Sea stays silent amid layoffs
Sea is the only digital bank licensee here that has yet to launch and provide details on its offering.
September 22, 2022
Disruption and Digitalisation
Digital does not mean different: Can Singapore’s digital banks bring the fight to the three incumbents?
Is this a half-hearted launch for Singapore’s digital banks?
September 22, 2022
Company in the news
'Gen Z bank' GXS launches with Grab, Singtel backing
Backed by Grab and Singtel, the digital bank's customers can earn interest of 1.58% p.a.
August 31, 2022