News analysis

Digital banking new players' offerings likely to target SMEs and millennials

  • Published
    Jan 8, 2020, 5:00 am SGT
New: Gift this subscriber-only story to your friends and family

Singapore's foray into the realm of digital banking is not a fishing expedition.

The move to liberalise the banking sector by allowing digital-only banks is part of a bigger plan that has been in the works for a few years now. It goes by the quaint name of Ubin Project.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month
  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*
Subscribe now

*Terms and conditions apply.

Join ST's Telegram channel here and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on January 08, 2020, with the headline 'New players' offerings likely to target SMEs and millennials'. Subscribe
Topics: