Tag "Monetary Authority of Singapore (MAS)"

MAS Issues Guidelines to Facilitate Provision of Digital Advisory Services

The Monetary Authority of Singapore (MAS)  issued the Guidelines on Provision of Digital Advisory Services, to facilitate the provision of these services in Singapore. The guidelines incorporate feedback from the public consultation as well as learning points from MAS’ engagements with the industry.

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A Definitive Guide to Southeast Asia’s Payments Scene in 2018

In fintech’s genesis across Asia, it seemed like all of the new developments were focused on streamlining payments without coincidence, around the time that e-commerce experienced its boom too. Now, that trend seems to be making a grand return with

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2 Game-Changing Developments From MAS that Happened in September 2018

Singapore has aspirations towards becoming a fintech hub in the ASEAN region, and global eyes have been raptly observing the island nation’s progress. Singapore is said to be welcoming of outside talents if they have a good idea to elevate

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Fintech Agreement Between Singapore and Dubai Financial Services Authorities

The Monetary Authority of Singapore (MAS) and the Dubai Financial Services Authority (DFSA) have signed a FinTech Agreement that allows referrals of innovative businesses between the two authorities. The Agreement reflects the commitment of both authorities to support the continuous

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FundedHere To Cease FundedX’s Operations, Unauthorised to Operate Secondary Market

Following our earlier story on the launch of FundedX, a private exchange to trade shares of high growth startups, FundedHere told in a statement to Fintech News Singapore that they do not possess the necessary licensing to carry the activity.

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MAS Warns 8 Digital Token Exchanges and ICO Issuer

The Monetary Authority of Singapore (MAS) has warned 8 digital token exchanges in Singapore not to facilitate trading in digital tokens that are securities or futures contracts without MAS’ authorisation. It also warned an Initial Coin Offering (ICO) issuer to

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Facial Recognition to Protect Singapore Bank Card Holders Rolled Out

Finda System, a fintech company offeringc solutions to the banking sector, announced receiving grant from Monetary Authority of Singapore (MAS) through the central bank’s FSTI (Financial Sector Technology and Innovation) Proof of Concept Scheme. This scheme is aimed at supporting

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Strengthening the AI Finance Ecosystem in Singapore

The Monetary Authority of Singapore (MAS) is collaborating with the Economic Development Board (EDB), Infocomm Media Development Authority (IMDA) and Institute of Banking and Finance (IBF) to accelerate the adoption of Artificial Intelligence (AI) in Singapore’s financial sector. The collaboration

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Singapore FinTech Festival 2018 Up-Sized with Richer Content and Focus on ASEAN

The Monetary Authority of Singapore (MAS) announced that the third edition of the Singapore FinTech Festival will be held from 12 to 16 November 2018 in Singapore. This year’s Festival will include two new elements. ASEAN FinTech Showcase – With Singapore’s

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Singapore and Vietnam Enhance Cooperation in Fintech Innovation

The Monetary Authority of Singapore (MAS) and the State Bank of Viet Nam (SBV) have agreed to establish a new partnership to encourage FinTech innovation and to strengthen cooperation in banking supervision. The new Memorandum of Understanding (MOU) between MAS

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