The Monetary Authority of Singapore (MAS) received 21 applications for digital bank licences by the deadline at the end of 2019, according to a news release published on 7 January. Last year, the Singapore financial regulator announced plans to issue up to five digital banking licences. These licences would be in addition to the digital banks that Singapore banking groups…
MAS receives 21 digital banking licence applications
7 January 2020

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