3 in 5 Singaporeans open to digital-only banks

Submitted By:  Staff Reporter Case Study:  No More than half are willing to jump to new players with no prior banking experience. More than half (65%) of Singaporeans are open to adopting a digital-only bank, according to a Visa consumer payment attitudes study. Three-fifths (60%) are willing to switch some services from their current bank to new digital banking players which have no prior banking experience, with one in five (20%) saying that they would move all their services to a neobank without hesitation. read more