Innovation won’t be enough for these banks to become the next KakaoBank, Revolut, or Nubank.
CEO Tat Lee says innovation, not deposit size, will determine whether a virtual bank can succeed.
CEO Barbaros Uygun says the virtual bank can become a global leader like Revolut, NuBank and KakaoBank.
Interest rates are just one challenge to bringing China-style alternative credit scoring to Hong Kong SMEs.
Calvin Ng, co-CEO, describes the steady grind of continuous product improvement that delivers revenues.
Do virtual banks need to be primary deposit accounts, and if so, how will they get there?
Singapore has declared Standard Chartered may operate a standalone digital banking business.
Among virtual-bank regimes being created around the region, Malaysia’s may become the benchmark.
Sqreem rolls out A.I solution for South Africa’s crisis response that could be repositioned for digital banks.
DigFin looks at the bidders with an eye on who has a credible wealth-management story.