Virtual Banking
The Latest
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Singapore Seriously Considering Issuance Of Virtual Banking Licenses
Singaporean Prime Minister Lee Hsien Loong revealed that the city's Monetary Authority is now actively studying the possibility of issuing virtual banking licenses to digital banking startups. 
Singaporean Prime Minister Lee Hsien Loong revealed that the city's Monetary Authority is now actively studying the possibility of issuing virtual banking licenses to digital banking startups. -
HSBC Scraps Account-Related Fee To Compete Against Virtual Banks
HSBC announced this week that it will be removing various account-related fees including minimum balance fees, counter fees, and annual fees. 
HSBC announced this week that it will be removing various account-related fees including minimum balance fees, counter fees, and annual fees. -
Citibank Remains Confident Despite Rush Of Digital Banks
Citigroup announced that it has no intention of applying for a virtual bank license in Hong Kong given that it already offers a comprehensive variety of digital banking services. 
Citigroup announced that it has no intention of applying for a virtual bank license in Hong Kong given that it already offers a comprehensive variety of digital banking services.
