MAS Fintech Chief: Covid Accelerated Digital Transformation

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MAS Fintech Chief: Covid Accelerated Digital Transformation,

Dec.06 — Sopnendu Mohanty, chief fintech officer at the Monetary Authority of Singapore, discusses the prospects for digitalization in the financial-services industry amid the coronavirus outbreak. Billionaire Jack Ma’s Ant Group Co. and a venture led by Grab Holdings Ltd. won licenses to run digital banks in Singapore, paving the way for the technology giants to expand their financial services in the Southeast Asian hub. Mohanty speaks from the sidelines of the Singapore FinTech Festival on "Bloomberg Daybreak: Asia.", ,

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