Digital Banks

Digital Banks for Foreigners and Expats in Singapore: What to Know

Digital Banks for Foreigners and Expats in Singapore: What to Know

Expats and foreign workers in Singapore often struggle to open local bank accounts. Digital banks may provide a faster, easier alternative—if you meet certain criteria. Can Foreigners Open Digital Bank Accounts? Yes—but only with proper local doc

How Safe Are Digital-Only Banks? Security and Regulation Explained

How Safe Are Digital-Only Banks? Security and Regulation Explained

Security is a top concern when it comes to online banking. Here’s how Singapore’s digital banks are regulated, and how they protect your funds and data. Regulatory Oversight All digital banks in Singapore are licensed by the Monetary Authority of

Trust Bank vs GXS Bank: Which Digital Bank Is Right for You?

Trust Bank vs GXS Bank: Which Digital Bank Is Right for You?

Trust and GXS are Singapore’s first fully digital banks. Here's a detailed comparison to help you decide which one fits your personal financial goals. Trust Bank Highlights Backed by Standard Chartered Up to 2.5% p.a. savings interest Integrated wi

Digital Banks in Singapore: A New Era of Financial Innovation

Digital Banks in Singapore: A New Era of Financial Innovation

Digital banks, also known as neobanks, offer banking services through mobile apps or websites, without any physical branches.

Digital Bank Compliance and Regulation in Singapore

Digital Bank Compliance and Regulation in Singapore

Singapore maintains strict standards for digital banks to ensure security and stability. All licensed digital banks must comply with MAS rules on capital adequacy, cybersecurity, and AML/KYC protocols. User data is protected under Singapore’s PDPA

Pros and Cons of Using a Digital Bank for Business

Pros and Cons of Using a Digital Bank for Business

Digital banks bring many benefits—speed, low fees, app-based interfaces, and automation. They’re great for routine payments, expense management, and real-time tracking. But they also come with trade-offs: fewer credit services, limited cash handl

How to Open a Digital Bank Account for Your Business

How to Open a Digital Bank Account for Your Business

Opening a business account with a digital bank in Singapore is simple and paperless. Most providers offer fully online onboarding with approval in as little as 24–72 hours. Prepare your company registration number, director/shareholder details, and

Top Digital Banks for SMEs in Singapore (2025 Edition)

Top Digital Banks for SMEs in Singapore (2025 Edition)

Singapore’s digital banking scene has grown rapidly, with several players focusing on SME support. Leading names include Aspire, ANEXT, and Trust Bank. Aspire offers borderless multicurrency accounts and smooth integrations with accounting platform

What Makes a Digital Business Bank Different from a Traditional Bank?

What Makes a Digital Business Bank Different from a Traditional Bank?

Digital business banks operate entirely online, offering a faster and more streamlined experience for modern entrepreneurs. Unlike traditional banks, they don’t rely on physical branches and focus heavily on user-friendly apps, API integration, and

Exploring the Rise of Digital-Only Banks in Southeast Asia

Exploring the Rise of Digital-Only Banks in Southeast Asia

Learn how digital-only banks are expanding in Southeast Asia and changing financial services.Digital-only banks are reshaping how people access and manage money in Asia. Their growth has been accelerated by mobile technology and changing customer expe