The fresh gameplan brought on by digital banks

Tough to get $200 overnight from banks?

Overhauling proposals to cope with Covid-19

Preventing cybersecurity breaches

SFF x Switch 2020 Ep 1: New digital banks to jazz up Singapore

9:30 min

Synopsis: The Business Times speaks with the Monetary Authority of Singapore's managing director Ravi Menon in a wide-ranging interview ahead of the annual Singapore Fintech Festival from Dec 7-11. This special edition will come with four exclusive podcasts for our listeners.

Follow all our coverage of this year's festival at bt.sg/sffxswitch2020.

In this first episode, BT's banking and finance editor Jamie Lee sounds out Mr Menon on the excitement over digital banks. He tells us why digital banks now have an even bigger playing field in the post-Covid world. 
What is the fresh gameplan brought on by digital banks? (1:38)
Micro enterprises find it tough to get just $200 overnight from banks to make an urgent payment. It's a gap to fill, and the lesson comes from China (1:59)
Digital bank applicants had to overhaul proposals, as MAS asked how they would cope in the post-Covid world (3:15)
Given the spate of cybersecurity breaches, digital banks cannot compromise on standards here (6:45)

Produced by: Jamie Lee and Lee Kim Siang

Edited by: Adam Azlee

Follow upcoming episodes with MAS managing director Ravi Menon on:

ST & BT Podcasts channel: https://str.sg/JWVR

Spotify: https://spoti.fi/2PwZCYU

Apple Podcasts: https://apple.co/2Lu4rPP

Google podcasts: http://str.sg/googlestbt

Websites: http://str.sg/stbtpodcasts

https://bt.sg/moneyhacks

https://bt.sg/mark2mkt

Feedback to: podcast@sph.com.sg 

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Discover more niche podcast series by ST and BT below:

Follow BT Money Hacks Podcast on: http://bt.sg/btmoneyhacks

Follow Health Check Podcast on: https://str.sg/JWaN

Follow Asian Insider Podcast on: https://str.sg/JWa7

Follow Green Pulse Podcast on: https://str.sg/JWaf

Follow Life Weekend Picks Podcast on: https://str.sg/JWa2

Follow #PopVultures Podcast on: https://str.sg/JWad

Follow Lunch With Sumiko Podcast on: https://str.sg/J6hQ

Follow Bookmark This! Podcast on: https://str.sg/JWas

Follow #GameOfTwoHalves Podcast on: https://str.sg/JWRE

Follow our shows then, if you like short, practical podcasts!

 

SFF x Switch 2020 Ep 1: New digital banks to jazz up Singapore
9:30 min
Synopsis: The Business Times speaks with the Monetary Authority of Singapore's managing director Ravi Menon in a wide-ranging interview ahead of the annual <a href="https://www.fintechfestival.sg/">Singapore Fintech Festival from Dec 7-11</a>. This special edition will come with four exclusive podcasts for our listeners.
Follow all our coverage of this year's festival at&nbsp;<a href="http://bt.sg/sffxswitch2020" data-cke-saved-href="http://bt.sg/sffxswitch2020">bt.sg/sffxswitch2020</a>.
In this first episode, BT's banking and finance editor Jamie Lee sounds out Mr Menon on the excitement over digital banks. He tells us why digital banks now have an even bigger playing field in the post-Covid world.&nbsp;
<ol>
<li>What is the fresh gameplan brought on by digital banks? (1:38)</li>
<li>Micro enterprises find it tough to get just $200 overnight from banks to make an urgent payment. It's a gap to fill, and the lesson comes from China (1:59)</li>
<li>Digital bank applicants had to overhaul proposals, as MAS asked how they would cope in the post-Covid world (3:15)</li>
<li>Given the spate of cybersecurity breaches, digital banks cannot compromise on standards here (6:45)</li>
</ol>
Produced by: Jamie Lee and Lee Kim Siang
Edited by: Adam Azlee
Follow upcoming episodes with MAS managing director Ravi Menon on:
ST &amp; BT Podcasts channel: <a href="https://str.sg/JWVR">https://str.sg/JWVR</a>
Spotify:&nbsp;<a href="https://spoti.fi/2PwZCYU">https://spoti.fi/2PwZCYU</a>
Apple Podcasts:&nbsp;<a href="https://apple.co/2Lu4rPP">https://apple.co/2Lu4rPP</a>
Google podcasts:&nbsp;<a href="http://str.sg/googlestbt">http://str.sg/googlestbt</a>
Websites:&nbsp;<a href="http://str.sg/stbtpodcasts">http://str.sg/stbtpodcasts</a>
<a href="https://bt.sg/moneyhacks">https://bt.sg/moneyhacks</a>
<a href="https://bt.sg/mark2mkt">https://bt.sg/mark2mkt</a>
Feedback to:&nbsp;<a href="mailto:podcast@sph.com.sg">podcast@sph.com.sg</a>&nbsp;
---
Discover more niche podcast series by ST and BT below:
Follow BT Money Hacks Podcast on:&nbsp;<a href="http://bt.sg/btmoneyhacks">http://bt.sg/btmoneyhacks</a>
Follow Health Check Podcast on:&nbsp;<a href="https://str.sg/JWaN">https://str.sg/JWaN</a>
Follow Asian Insider Podcast on:&nbsp;<a href="https://str.sg/JWa7">https://str.sg/JWa7</a>
Follow Green Pulse Podcast on:&nbsp;<a href="https://str.sg/JWaf">https://str.sg/JWaf</a>
Follow Life Weekend Picks Podcast on:&nbsp;<a href="https://str.sg/JWa2">https://str.sg/JWa2</a>
Follow #PopVultures Podcast on:&nbsp;<a href="https://str.sg/JWad">https://str.sg/JWad</a>
Follow Lunch With Sumiko Podcast on: <a href="https://str.sg/J6hQ" data-saferedirecturl="https://www.google.com/url?q=https://str.sg/J6hQ&amp;source=gmail&amp;ust=1604121592032000&amp;usg=AFQjCNG83H6KB4Ijg1sND-Ork6G7d7pJQQ">https://str.sg/J6hQ</a>
Follow Bookmark This! Podcast on:&nbsp;<a href="https://str.sg/JWas">https://str.sg/JWas</a>
Follow #GameOfTwoHalves Podcast on:&nbsp;<a href="https://str.sg/JWRE">https://str.sg/JWRE</a>
Follow our shows then, if you like short, practical podcasts!
&nbsp;

Synopsis: Our ALL-IN-ONE channel showcases our discussions on Singapore youth perspectives and social issues, geopolitics through an Asian lens, health, climate change, money, career, sports, pop culture and music. 

Follow our shows on your favourite audio apps Apple Podcasts, Spotify or even ST's app, which has a dedicated podcast player section.

Produced by podcast editor Ernest Luis & The Straits Times, SPH Media Trust.

Synopsis: Our ALL-IN-ONE channel showcases our discussions on Singapore youth perspectives and social issues, geopolitics through an Asian lens, health, climate change, money, career, sports, pop culture and music. 
Follow our shows on your favourite audio apps Apple Podcasts, Spotify or even ST's app, which has a dedicated podcast player section.
Produced by podcast editor Ernest Luis &amp; The Straits Times, SPH Media Trust.

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