In the wake of the OCBC phishing scams and the compensation made by the bank to all affected customers, MAS decided that the industry should have a more…
Tuesday, 28 March 2023
Our archives on Digital Banks
The global financial industry has evolved as a result of the widespread digital transformation of traditional banks and the entrance of new digital banks.…
Amid the challenging pandemic environment that has dampened business volumes, depressed margins and elevated credit costs, corporate and transaction bankers…
Digital banks in Asia Pacific witnessed improving overall profitability in FY2019. Although some digital banks’ net profit in FY2020 has been affected…
Tharman Shanmugaratnam, senior minister and chairman of the Monetary Authority of Singapore, reveals the next steps inliberalising Singapore’s banking…