Policy & Regulations
The Monetary Authority of Singapore will probably announce new funding plans next year, with possible areas including cybersecurity and artificial int
The market for lending via digital channels in Southeast Asia is expected to more than quadruple to $110 billion by 2025.
Other that have expressed a desire to apply for a digital banking licence include Singtel, Grab and Razer.
Luno, which moved headquarters to London in 2017, will restart digital wallet and trading services using Singapore dollars within a month.
So far in 2019, OCBC has participated in more than $500 million of green lending.
Standard Chartered and PT Astra International each own 45% stakes in Permata.
OneConnect is looking to provide banking services to small and medium-sized businesses.
After building online banking operations in India and Indonesia, DBS plans to do the same in other Asian markets.
Sygnum, based in Switzerland and Singapore, has petitioned for a capital markets services licence which will allow the firm to offer asset-management
The bank plans to take a minority stake in any virtual-banking joint venture and sees it as a way to tap new customers.
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