
Tag "ANEXT Bank"
All 5 Singapore Digital Banks Are Now Members of the Credit Bureau
The five digital banks licensed by the Monetary Authority of Singapore (MAS) are now members of the island state’s credit bureau. This brings the Credit Bureau Singapore’s (CBS) members to 36. The two full digital banks Grab and Singtel’s GXS
Read MoreAre Digital Banks Breeding a Risky Competitive Climate in Singapore?
Technological developments have accelerated the transformation of financial services, leading to the explosion of digital banks worldwide. In Singapore, the entry of digital banks into the local financial system is driving economic innovation and enhancing financial inclusion, according to a
Read MoreAnt’s ANEXT Bank Launches Embedded Finance Platform for SMEs
ANEXT Bank, Singapore’s digital wholesale bank and a wholly-owned subsidiary of Ant Group, will collaborate with industry specialists to expand the breadth of service offerings for SMEs on their platforms to include the bank’s digital financial services. The ANEXT Programme
Read MoreAnt Group Soft Launches Its SME-Focused Digital Wholesale Bank ANEXT
ANEXT Bank, a digital wholesale bank incorporated in Singapore and a wholly-owned subsidiary of Ant Group, announced its soft launch today. The bank said in a statement that the soft launch follows its receipt of MAS’ approval to commence business
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