Tag "Monetary Authority of Singapore"

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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InsurTech Is Disrupting Insurance Forever – Will There Still Be a Place for Human Financial Advisors?

Wave after wave of technological disruption has hit us in recent years and it looks like the insurance industry is next in line. Insurtech is the new tradename for an aggressively growing group of apps, software’s, and startups reinventing a

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First Bank in SouthEast Asia To Use Blockchain Technology For Payment Services

OCBC Bank has become the first bank in Southeast Asia to use blockchain technology in its local and cross-border payment funds transfer services. The use of a payment blockchain solution will see increased efficiency, transparency and security as well as

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MAS Awards a Full CMS Licence to MoolahSense

MoolahSense is the first marketplace lending platform to be granted a full Capital Markets Services (CMS) licence by the Monetary Authority of Singapore. The CMS licence for “Dealing in Securities” was issued today. This marks a milestone in the development

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ANZ Launches Innovation Lab in Singapore

ANZ has launched an innovation lab in Singapore to help accelerate innovation in Institutional Banking capability and facilitate collaboration with the financial technology – or ‘fintech’ ecosystem which includes participants from industry, academia and government. The facility, known as ANZ

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MAS Proposes New Rulings, Launches Fintech Innovation Lab to Boost Financial Innovation

Singapore’s central bank and financial regulator, the Monetary Authority of Singapore (MAS), has made several announcements this week, launching a set of new initiatives intended to bolster financial innovation and support its ambition as becoming a fintech leader.   “An electronic

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MAS Details 100 Problem Statements For ‘Global Fintech Hackcelerator’ – Infographics

With the upcoming week long Fintech Festival organized by the Monetary Authority of Singapore (MAS), the central bank has named the 100 challenges it invites fintech startups and ventures from around the world to solve using innovative products and services.

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Startupbootcamp, PwC Report: Asia-Pacific Fintech Ecosystems Are Thriving

Fintech is booming as a growing number of innovative companies are emerging in hope to disrupt the financial services industry. Banks and traditional players are also starting to recognize the opportunities related to using cutting-edge technologies to serve their clients

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Singapore Gears Up to Become A Fintech Leader, MAS Announces Major Initiatives

As part of Singapore’s plan to become the world’s first Smart Nation, the city-state’s financial regulator and central bank has announced a series of initiatives aimed at fostering the fintech sector and build its Smart Financial Center. The Monetary Authority

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Infographic: Fintech Singapore Ecosystem as of January 2016

Singapore, which started as an independent, separate country in 1965, quickly grew from being a tiny underdeveloped country to becoming one of the 20th century’s most successful development story. How did that happen? Well, firstly, because the city-state knew how

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