MoneyLion Foong Chee Mun
NEW names are emerging in the digital banking sphere even as Bank Negara this week released an updated exposure draft on the licensing framework for the setting up of such banks.
The central bank is expected to award up to five digital banking licences by the end of the year, behind Singapore’s Monetary Authority of Singapore which will announce its list of successful applications in June.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
