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DIGITAL BANKS

Singtel's digital bank bid is also a push for reinvention

Grab-Singtel entity's plans include lending, insurance, wealth management

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Singtel's Arthur Lang says: "There's always the risk our telco business will be commoditised and, as a result, lose traction and customer engagement."

Singapore

SINGTEL sees its digital bank bid as a timely push for reinvention by the heavyweight telco in Singapore and the region.

That comes as it and Grab are clear on the gravity weighing on their digital banking venture, said Arthur Lang, chief executive officer of Singtel's...

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