The Monetary Authority of Singapore (MAS) has articulated its intention to issue up to five digital banking licences to new banks in a bid to stay on top of digital developments while driving competition and innovation in the city-state. “The far-reaching effects of digitalisation are stimulating a fundamental re-think of the role of banks in most advanced financial centres,” Tharman…
MAS to issue up to five digital bank licences
2 July 2019

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