Fintech emerged as a direct challenge to the dominance of traditional banks. But banks and fintech companies are increasingly defining a unique relationship of mutual patronage.
Singaporean banks are clearing the way for cashless transactions. But Singaporeans may not be ready for them.
Since launching the initiative in 2014, the city-state has made tremendous progress in its mission to become the world’s first smart nation by 2030. The fintech sector is leading the charge.