Ant Group launches digital wholesale bank in Singapore to serve SMEs - CNA

SINGAPORE: ANEXT Bank, which will focus on providing financial services for small- and medium-size enterprises (SMEs), launched in Singapore on Monday (Jun 6), becoming the second digital wholesale bank to come online over the past few days. The wholly own…

For now, it is starting with a dual-currency deposit account, which comes with features such as remote onboarding and three-factor authentication verification for security. This account, called the … [+2365 chars]

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