Fintech Digital Banking is a Threat to local Big Three banks???

Read? Grab announces new investment, consumer loan products as part of financial services drive

The strategy will also see the group launch "buy-now-pay-later" payment plans for select e-commerce websites and a third-party loan platform to allow users to obtain consumer loans. 


Hmm .. sounds like US Subprime in the making under the name of fintech financing this time i.e. lending to those who can't under current normal banking services.