Home Tags Digital banks

Tag: Digital banks

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.

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.

Malaysia’s CIMB expands to the Philippines with nation’s first ‘all-digital’ bank

Internet and mobile penetration in the Philippines remains one of the highest in the world.
Virgin Money CEO Jayne-Anne Gadhia.

Virgin Money is starting its own digital challenger bank

The bank spent £38.3 million developing the new offering last year and will begin testing it in the second half of 2018.