Search Results for "APIX"

APIX, a Global Marketplace for Cross-Border Fintech Services Officially Hits The Market

The often spoken about APIX has finally come to fruition, something the Monetary Authority of Singapore has been quite vocal about. It was launched following Narendra Modi’s keynote speech at the Singapore Fintech Festival, said to be one of the

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Meet the 15 Finalists for MAS’ Global CBDC Challenge

The Monetary Authority of Singapore (MAS) has announced the 15 finalists who have developed retail Central Bank Digital Currency (CBDC) solutions for the Global CBDC Challenge. The finalists, comprising financial institutions, fintechs and technology solution providers, will progress to the

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Southeast Asia Gears up for Open Finance Movement

Open finance, the next step in the open banking movement that broadens the scope to a wider range of products and services, offers new growth and distribution opportunities for banks, fintechs and other financial services providers. In Southeast Asia, regulators

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AFIN Leverages Data Center Giant Equinix To Offer Enhanced Open Banking Infrastructure

Data center giant Equinix announced that the ASEAN Financial Innovation Network (AFIN) would leverage its platform to accelerate financial services innovation in Singapore and the global fintech ecosystem. The collaboration will provide a dedicated on-premise API Exchange (APIX) sandbox on

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Cambodian Central Banker Serey Chea Among Select Few Joining AFIN’s Advisory Board

The ASEAN Financial Innovation Network (AFIN) announced the appointment of H.E Serey Chea, Prof. Olayinka David-West as advisors and Latha Ayyar as an independent director to its board. Through their respective roles, they will bring in invaluable expertise in financial

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MAS Pushes for AI Innovation With Global Challenge Ahead of Its Fintech Festival

The Monetary Authority of Singapore (MAS) in collaboration with ASEAN Financial Innovation Network (AFIN) and Accenture has announced the launch of the inaugural Global Veritas Challenge where the theme revolves around “Codifying Responsible AI”. The competition seeks to accelerate the

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What Does Singapore’s Open Banking Landscape Look Like in 2021?

Amid a rapidly changing financial landscape, incumbent banks must be open to innovation and explore opportunities to partner with non-banking partners for the benefit of their customers. One such way this can be accomplished is through the open banking system.

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MAS Seeks Innovative Digital Currency Solutions Through New Global Challenge

The Monetary Authority of Singapore (MAS) announced the launch of a global challenge for retail Central Bank Digital Currency (CBDC) solutions. The Global CBDC Challenge seeks innovative retail CBDC solutions to enhance payment efficiencies and promote financial inclusion. MAS had

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Project Ubin: Exploring Singapore’s Digital Currency Project

Central bank digital currency (CBDC) is arguably one of the biggest developments in recent times that has the potential to reshape financial services as we know. China is of course one of the most prominent examples, since 2014 it has

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AFIN and R3 to Launch New Digital Currency Sandbox to Test CBDC Apps

The ASEAN Financial Innovation Network (AFIN) has partnered with R3, an enterprise blockchain software provider, to enable banks and fintechs to build and test Central Bank Digital Currency (CBDC) applications and drive its innovation and adoption globally. AFIN is a

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