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Singapore’s New Digital Banks Will Change The Banking Landscape Forever, Maybe

Blog: Forrester BPM Center of Excellence

In a landmark announcement made on December 4, 2020 Singapore’s Monetary Authority (MAS) awarded banking licenses to four players, two of which will serve the retail banking market using a digital full bank license (DFB). Notably, both of the lucky winners, i.e. the consortium formed by Singapore Telecommunications (Singtel) and Grab Holding Inc. (known for […]

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