Digital Banking

Master tomorrow

Powerful forces are reshaping the banking industry, creating an imperative for change. Players will need to be agile, to leverage and embrace the cutting edge of technology, and appreciate that emerging customer needs and lifestyle demands are engrained in every offering. They must understand what’s possible, where the latest technology innovations are, what systems can deliver them and what should be pursued.

How PwC can help

The winning formula is one that is an impactful mix of business strategy, innovation, new technologies, data management and appropriate risks and control frameworks, led by experienced management teams with strong financial strength and commitment. Let us help you get it right.

We have been helping our clients tackle the biggest issues facing the financial services industry. With professionals across advisory, assurance and tax practices, we can help you find ways to thrive even in a period of uncertainty. Whether you are a new entrant or an established bank, we can help accelerate your digital journey:

  • Business strategy
  • Partnerships and technology transformation  
  • Operating model design and execution
  • License application and guidance through regulatory approvals
  • Customer value proposition
  • Workforce and culture
  • Finance and treasury
  • Tax optimisation
  • Risk management
  • Financial crime

With a proven track record in successfully helping digital banks excel across the world, including UK, Australia and most recently, Hong Kong and Taiwan, we can leverage our winning global experience and diverse perspectives to be your trusted advisor in this exciting yet complex journey.


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The Monetary Authority of Singapore (MAS) announced on 29 August 2019 the guidelines for digital banking licenses in Singapore. Read the full announcement in the MAS webpage.
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Contact us

Justin Ong

Justin Ong

Financial Services Leader, PwC Singapore

Tel: +65 9731 3758

Andrew Taggart

Andrew Taggart

Clients and Markets Leader, South East Asia Consulting, PwC Singapore

Tel: +65 9734 0662

Winston Nesfield

Winston Nesfield

Insurance and Wealth Leader, South East Asia Consulting, PwC Singapore

Tel: +65 9159 1425

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