virtual bank
Digital banking platform market set to grow to $168.3b by 2032
Digital banking platform market set to grow to $168.3b by 2032
Growth in internet users and the shift to online banking will drive its expansion.
Krungthai Bank and partners establish virtual lender Clicx Bank
Clicx Bank has a registered capital of THB50m to start.
Vietnam’s two-year fintech sandbox takes shape
The trial, which will take effect on 1 July, is a step in the right direction.
High banking fees hinder Thailand’s financial inclusion
Virtual banks could disrupt costly banking norms.
Convenience boosts high virtual bank adoption in Singapore, Hong Kong
Competitive rates and streamlined services drive digital banking popularity
Taiwan’s virtual banks tout corporate banking and FX to reach profitability
All 3 banks reported narrower losses in 2023.
Virtual bank Trust turns one; 2.1 million transactions logged
The bank is giving away 100,000 bags of rice and doubling its referral rewards.
Bank of Thailand issues consultation paper on virtual bank licensing
BOT is inviting comments and suggestions on the proposed framework by 12 February.
Grab, Singtel-led digital-only bank GXS debuts in Singapore
It has launched a savings account with a customizable pockets feature.
Virtual banking trumps branch banking in Southeast Asia: study
But less than half of consumers are impressed with the digital financial services currently offered.
Commentary
Stablecoin payments are going mainstream. Hong Kong and APAC are showing how
Why digital assets are set to become mainstream in APAC
Bitcoin’s latest hacks expose where trust really sits in Asia
Singapore's next payments opportunity
DIFC's reforms open new doors for Asian businesses: Is yours ready?
Why Asia’s private wealth industry requires a new era of governance
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks