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MAS says it received 21 applications for digital bank licences, but only 5 can be given out

There were 7 digital full bank licence applications, and 14 applications for digital wholesale bank licences.

The biggest consortium to apply for a digital banking licence so far includes EZ-Link, V3 Group, Singapore Business Federation and more

The consortium is focused on serving SMEs in Singapore, which employs close to 70 per cent of Singapore's workforce.

Razer Fintech plans to build ‘world’s first global youth bank’ targeting youth and millennials

If successful, the firm will build the world's first global youth bank, named Razer Youth Bank.

Grab and Singtel have jointly applied for a digital bank licence in Singapore

We'll know by the middle of the year if we're getting a Grab-Singtel digital bank.
Actor Leonardo DiCaprio is an investor in Aspiration.

A digital bank backed by Leonardo DiCaprio is reportedly struggling to raise cash — and it might be WeWork’s fault

Aspiration, which also counts Orlando Bloom among its investors, could be in trouble, according to a CNBC report.

Online checking accounts woo millennials with cash back, no fees, and interest on your money, but anyone can take advantage

Many people are transitioning to online-only banks for good reason. You can get cash back on your purchases and more with an online checking account.

A new online checking account can help you avoid fees and get better rates — here’s how to find the right one for you

Switching bank accounts can help you avoid fees and find better rates. Online checking accounts are often the best options — here's how to choose one.
Andrea Orcel.

The boss of Santander’s digital bank says it will be ‘the same direction but faster’ under new CEO Andrea Orcel

Openbank CEO Ezequiel Szafir told BI that Andrea Orcel will have "the same strategy but make it go faster and further" when he joins as CEO of Santander next year.
Lloyds CEO Antonio Horta-Osorio.

Lloyds is ‘the largest digital bank in the UK,’ CEO says, and it wants to work with fintech startups

António Horta Osório told the UK Treasury's International Finance conference that Lloyds has 30 million digital customers across all platforms.
Mike Warriner, HSBC.

HSBC hires Google engineering director for retail tech role

Mike Warriner spent five years at Google in London, serving engineering director and the European chairman of Google Payments.