JP Morgan is bypassing the recommended "don't try to be one, just buy one" playbook for a megabank wanting to act like a nimble fintech. Instead, the US major has designed its own mobile-only digital bank, Finn, after "working closely with millennials for more than a year to understand their unique money challenges and what influences their spending", reports Finextra. The new app is supported by Chase's digital account opening platform, which allows consumers to sign up directly from their phone and start banking in minutes - a feature which will be rolled out to Chase customers later this year. The 2017 Asian Business Foreign Exchange Markets league table, created by East & Partners, reveals that DBS is gaining Spot FX market share in its home turf, Singapore. According to the biannual research by East & Partners, which interviewed around 1,850 businesses (including 470 in Singapore), HSBC has increased its lead over Citigroup as the primary spot FX provider to businesses with an annual turnover of between US$1 million to US$100 million in Singapore. "If present trends continue, DBS will overtake Citigroup to become the second largest primary Spot FX provider in Singapore in less than four years," according to E&P analysis.