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New chapter in Singapore banking

THIS WEEK'S TOPIC: How do you see the impact of digital banks in Singapore? What potential risks should we watch for?

THIS WEEK'S TOPIC: How do you see the impact of digital banks in Singapore? What potential risks should we watch for?

Cheung Pui Yuen
Chief Executive Officer
Deloitte Singapore

We expect digital banks to come up with innovative products and delivery channels to serve Singapore and its people. The key for digital banks is to identify unmet needs and address them. When they succeed, they will move Singapore closer to its Smart Nation vision.

Digital banks will also give the traditional banks some healthy competition, and push them to continue with their digital transformations. From a consumer perspective, people can look forward to innovation and more seamless delivery in terms of products and services...

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