Personal Finance
Digital vs. Conventional Banks: Benefits of Digital Banking
By ValueChampion  •  January 9, 2023

Table of Contents:

Banking has developed over the last decade. In Asia, the growing demand for online alternatives is motivating digital players to shake up the market and transform the banking experience. Gone are the days when you had to queue at a local bank to open an account, make a deposit, transfer money, or cash a check. With more state-of-the-art solutions and technologies arising, digital banking is attracting millions of new customers at an accelerating rate. In 2022, other than digital banking services, digital banks have made an appearance in the banking scene in Singapore. This includes Trust, a joint venture between Standard Chartered and Fairprice,...
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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