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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.
We'll know by the middle of the year if we're getting a Grab-Singtel digital bank.
Internet and mobile penetration in the Philippines remains one of the highest in the world.
OCBC CEO Samuel Tsi...
The bank spent £38.3 million developing the new offering last year and will begin testing it in the second half of 2018.