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Singapore on course to be cashless society: Swedish minister

But it mustn't make the transition too quickly - to avoid financial exclusion of tech-challenged citizens
Saturday, November 19, 2016 - 05:50

Mr Bolund said cooperation is key to a good fintech ecosystem. Sweden's 6 major banks jointly developed the app Swish.


SINGAPORE could soon become a cashless society - but it must do it at its own pace, says Per Bolund, Sweden's Minister for Financial Markets and Deputy Finance Minister.

Mr Bolund - who on Friday gave the keynote address at the Singapore FinTech Festival's ABS-MAS RegTech

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