Stay inclusive amid tech changes, MAS tells banks

Singapore

BANKS and fintech businesses must make sure that underserved communities are not left behind as the finance industry changes with technology, Monetary Authority of Singapore (MAS) deputy managing director of financial supervision Ong Chong Tee said.

Mr Ong was speaking at the German-Singaporean financial forum titled The Future of Banking - Evolution, Revolution or a Big Bang? held at the Singapore Management University on Monday.