Central Banking

Asian banks vulnerable to fintech disruption, report finds

fintech-tablet

The Monetary Authority of Singapore’s latest financial stability review has found banks in neighbouring countries could be at risk from disruption caused by fintech firms due to their reliance on payment fees.

In its report, the MAS assesses the extent to which fintech companies could disintermediate Asian banks and erode their operating income over the next five years.

“The competitive threat and its corresponding impact is expected to vary across business lines,” the report says.

The result

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: