Amid soaring demand for online and mobile alternatives, new digital players are transforming banking for individuals and companies.
FEATURED STATISTIC
FEATURED STATISTICS
The Monetary Authority of Singapore (MAS) first announced that it will award five digital bank licenses
Digital bank license applications were submitted, of which 14 were shortlisted
MAS awarded digital full bank licenses to Grab-Singtel consortium and Sea, as well as digital wholesale bank licenses to Ant Group and Greenland consortium
Estimated year that MAS expects digital banks to be operational in Singapore
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