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Grab-Singtel group puts cybersecurity at top of digital bank agenda

Data governance is another key area for the bank, along with building robust banking infrastructure

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Charles Wong of Grab-Singtel said the consortium is paying special attention to credit risk management.

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Arthur Lang of Singtel said the digital bank is regarded as an extra distribution channel for financial services products.

Singapore

GRAB and Singtel's consortium is making cybersecurity a top priority for their digital bank. This comes as the new entity faces increasing expectations to prove to regulators and consumers over the next year that its cybersecurity defences are robust enough.

In an...

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