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Disruptive forces on horizon for Singapore digital banking

Republic not immune to disruption from upstarts in mobile payments, mobile point of sales, or social lending

DBS Bank and OCBC Bank raised the bar this year with their mobile fund transfer services, with OCBC being the first here to offer transfers through social media - PHOTO: ST


SINGAPORE lenders may not be under siege in the online banking sector right now but a look at innovations across the world show that they must still be prepared.

Banks in Singapore say their trusted, regulated forms give them a strong advantage over emerging digital banks...

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