Associated with
Tom Mouhsian
Posted Dec 8, 2020
•
10 min read
Singapore's New Digital Banks Will Change The Banking Landscape Forever ... Maybe
In a landmark announcement made on December 4, the Monetary Authority of Singapore (MAS) awarded banking licenses to four players, two of which will serve the retail banking market using a digital full bank license. Notably, both of the lucky winners - i.e., the consortium formed by Singapore Telecommunications (Singtel) and Grab Holdings Inc. (known [...]
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