Tag "Monetary Authority of Singapore (MAS)"

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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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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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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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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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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