You are here


No hard feelings; consumers may soon switch banks with ease

Authorities on Monday put out a discussion paper on data portability that boosts competition for consumers' benefit

MAS has said that such powers will be imposed only when the circumstances call for the need for it.


SINGAPORE banks may soon have to make it easy for customers to compare products and services for better financial planning, and then, for consumers to quickly switch between competing offers.

The Business Times understands that the banks here have been locked in working...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to