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Startups Are The Losers Of Asia’s Digital Banking Race

Por: Forbes Business November 17, 2022

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HK's digital banks launched to much fanfare, but results have been lackluster. AFP via Getty Images Across the Asia-Pacific region, digital banks have sprung up at a rapid rate in recent years. Regulators have ostensibly encouraged the establishment of online-only banks to spur greater competition in the banking sector, which in most markets is dominated by incumbent lenders afflicted with complacency of varying severity. In theory, the... + full article



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