Posts From Fintechnews Singapore

Singapore Fuels Its Artificial Intelligence Ambitions with $27 Million Grant

The Monetary Authority of Singapore (MAS) announced details of the new $27 million Artificial Intelligence and Data Analytics (AIDA) Grant under the Financial Sector Technology and Innovation (FSTI) Scheme. Mr Ravi Menon, Managing Director of MAS, announced the launch of

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2 Singaporean Fintech Firms Emerged as Top 50 in the Fintech100 List

Two Singapore-based fintech companies – Silent8 and SoCash – feature among ‘Emerging 50’ most promising fintech companies in the 2017 Fintech100 released today. The Fintech100 includes the ‘Leading 50’ fintech firms around the globe, ranked based on innovation, capital raising

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MAS & ABS: Releases Project Ubin Blockchain Source Code to Encourage Innovation

The industry consortium led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) has released the report and source-codes on Project Ubin the distributed ledger prototypes for inter-bank payments. The report : ‘Re-imagining Interbank

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Singapore ICO Guideline Released: Issuers May Apply for Sandbox

In light of the increased popularity of ICOs in Singapore, Monetary Authority of Singapore (MAS) published today their guidelines for digital token offerings, more popularly known as ICOs. The guidelines states that if the token is used as a capital

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Singapore’s NETS Joins Forces with India’s NPCI

NETS today announced that it has signed a Memorandum of Understanding (MOU) with National Payments Corporationof India (NPCI), an umbrella organization for all retail payments and settlement systems in India, to enable cross-border usage of their payment solutions in India and

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Lessons From Singapore’s Fintech Sandbox

The past few years have seen the introduction of the fintech sandbox from regulators around the globe. Singapore introduced its version of the fintech  sandbox in June 2016, and since then there were more than 30 application from fintech startups

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Singapore Fintech Map 2017

As one of the earlier observers of the Fintech Singapore space, the speed in which is has grown is simply breathtaking. In a short span of these few years the regulators, investors and fintech community have jointly worked together towards

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Lithunia: A Window to The EU For Asian Fintech Companies?

Lithuania is set to boost innovation for financial technology (“FinTech”) companies as Britain’s upcoming exit from the European Union (“EU”) intensifies the race for alternative trading hubs in the region. The Bank of Lithuania has shaped a new regulatory framework

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Singapore Fintech Festival: World’s Largest Fintech Festival Happening This Week

Organised by the Monetary Authority of Singapore (MAS), in partnership with The Association of Banks in Singapore (ABS) and in collaboration with SingEx Holdings, the second edition of the Singapore FinTech Festival kicked off today. The week-long event promises to

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Get to Know the Finalists for the Global FinTech Hackcelerator Singapore

Twenty innovative and market-ready solutions to solve problem statements collected from the financial services industry. The Singapore Fintech Festival features 20 finalists from 4 focus areas: Financial Inclusion, Customer Facing, RegTech and General   FINANCIAL INCLUSION CUSTOMER FACING ERNIT AID:Tech Alternative

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