Digital Banking
Digital banking news in Asia: virtual banks, neobanks, digital bank licences and the incumbents’ digital transformation across Asia-Pacific markets.
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OCBC launches ringgit savings for Singapore customers, a first for a non-Malaysian bank
From October 23, OCBC customers in Singapore can hold up to RM50,000 in Malaysian ringgit and earn interest on it, a first for a bank outside Malaysia.
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Sea plans separate listing for fintech arm Monee
Sea founder Forrest Li told staff the group plans to take its financial services arm Monee public, according to a memo reviewed by Reuters.
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