MAS's Mohanty Says Singapore Banks Are Catching Up on Fintech

The video discusses the growth of fintech in Singapore, highlighting its expansion and the global interest it has garnered. Singapore's unique position as a fintech hub is explored, emphasizing its community-driven ecosystem and regional influence. Challenges such as funding are addressed, with a focus on the shift towards deep tech and B2B strategies. The future of banking is speculated upon, considering technological advancements and the evolving role of traditional banks.

What are the expected changes in the banking sector over the next 20-30 years?

How are traditional banks adapting to the rapid changes in technology?

What role does funding play in the success of fintech startups in Singapore?