Business 3 mins ago Jack Ma, Grab seek Singapore digital bank license This is fundamentally challenging the old business model of retail banks, particularly in competing for the business of younger generations.

Singapore (AFP) — Singapore is opening up its banking industry to digital lenders in a reform that could shake up the sector across Southeast Asia, with Chinese billionaire Jack Ma and ride-hailer Grab among those seeking licenses. Traditional banks are being challenged by a new generation of....

Posted: 2020-01-12 20:03:00

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