The Coming Upheaval In Singapore's Banking Landscape

December 17th, 2019

With contributors:

Frederic Giron , Nancy Lin , Bill Nagel

Summary

The arrival of digital-only banks will change the Singapore's banking landscape. Singaporean consumers, many of whom are Progressive Pioneers, are warming to the idea of banking with these new players. This report describes the opportunities and challenges for new digital banks in Singapore and lays out what digital business professionals at incumbent banks should do to address the threats posed by digital-only players.

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