Tag "Monetary Authority of Singapore (MAS)"

New Union Achieves MAS CMS License; Anticipates S$2 Million Deal Flow To Be Launched

Crowdlending platform, New Union (新联在线),  announces that it has been awarded the full Capital Market Service license (“CMS”) by the Monetary Authority of Singapore (“MAS”) and has lined up a robust deal flow pipeline of about S$2 million that will

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Landmark Partnership to Level Up Skills for Singaporeans to seize FinTech Jobs

The Infocomm Media Development Authority (IMDA) and Monetary Authority of Singapore (MAS), together with SkillsFuture Singapore (SSG), six local universities, and five financial associations, sealed a landmark Memorandum of Intent (MOI) for the TechSkills Accelerator (TeSA) FinTech Collective on 16 November 2017, to jointly develop industry-ready professionals

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Singapore: Asia’s Leading ICO Hub?

Intitial Coin Offerings or more popularly known as ICOs has seen tremendous growth and is increasingly seeing mainstream adoption by startups as a method to raise fund. In the last year year alone we’ve witnessed more than 200 ICOs with

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MAS Launches Second Consultation on New Regulatory Framework for Payments

The Monetary Authority of Singapore (MAS) launched a second consultation on its proposed payments regulatory framework, known as the Payment Services Bill (the “Bill”). The Bill will streamline the regulation of payment services under a single legislation, expand the scope

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Payments Council endorses Singapore QR Code Specifications for Electronic Payments

The Payments Council has endorsed the specification for a common Singapore Quick Response Code (SG QR) that can accept electronic payments by both domestic and international payment schemes, e-wallets, and banks. The new SG QR was developed by an industry

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2 Billion of Capital available for FinTech Startups through Singapore FinTech Festival Investor Summit

Over 1,000 attendees, comprising investors and FinTech start-ups, turned up at the Singapore FinTech Festival’s Investor Summit or “Deal Day” today, and up to US$2 billion of capital was made available for the start-ups. The Investor Summit was the finale

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Singapore Fintech Festival 2017 News Roundup

Last week, the Singapore Fintech Festival, one of the world’s largest gatherings dedicated to fintech, welcomed more than 25,000 participants from across 100 countries for the week-long event, bringing together the world’s policy makers and top financial institutions and fintech

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ASEAN Financial Innovation Network: An Industry Fintech Sandbox to Drive Innovation and Inclusion

IFC, a member of the World Bank Group, the Monetary Authority of Singapore (MAS) and the ASEAN Bankers Association (ABA), introduced, an industry FinTech sandbox for financial institutions and FinTech firms as part of the ASEAN Financial Innovation Network (AFIN),

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Top 5 Fintech Philippines News of the Week (CW 46)

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Here we go:   MAS-BSP: Singapore & Philippines Regulators Forge Fintech Ties Bangko Sentral ng Pilipinas (BSP) and the Monetary Authority of Singapore (MAS) today

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MAS-BSP: Singapore & Philippines Regulators Forge Fintech Ties

Bangko Sentral ng Pilipinas (BSP) and the Monetary Authority of Singapore (MAS) today signed a FinTech Co-operation Agreement to promote innovation in financial services in their respective markets. The BSP-MAS CA was signed at the sidelines of the 2nd Singapore

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