Search Results for "mas"

BIS, MAS Launch Project Viridis for Financial Authorities to Monitor Climate Risks

The Bank for International Settlements (BIS) Innovation Hub and the Monetary Authority of Singapore (MAS) have  developed a blueprint – Project Viridis – a climate risk platform aimed at helping financial authorities identify, monitor, and manage climate risks in the

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Sumsub’s KYC Product Now Available to Mastercard Customers

Sumsub, a global verification platform, has announced its partnership with the Mastercard Engage Partner Programme. This collaboration focuses on providing digital first solutions to enhance customer onboarding and compliance processes. By joining the Engage Programme, Sumsub aims to streamline customer

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Temenos and Mastercard to Expand Cross Border Payment Options for Banks

Banking software company Temenos has announced a partnership with Mastercard to provide banks and their customers with more options for international money transfers. This partnership will integrate Mastercard Move, a comprehensive suite of money transfer solutions, into Temenos Payments Hub.

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HitPay Secures Payment License from MAS

HitPay, a Singapore-based commerce platform for SMEs, has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This follows the in-principle approval issued earlier this year in February. The license will enable HitPay to provide

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Decarbonisation Platform GenZero Bags US$42.8 Million Funding from Temasek

Singapore’s state investor Temasek has infused an additional US$42.8 million into its decarbonisation-focused investment platform, GenZero. According to regulatory filings accessed by DealStreetAsia, this latest capital injection, made through Pieter Investments, raises the total capital committed to US$679.2 million. This

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DBS Mobile App Outage on Saturday Occurs Amid Mounting Pressure from MAS

DBS and POSB customers faced difficulties accessing the bank’s mobile apps on Saturday morning, with over 500 reports of issues recorded on outage tracking site Downdetector since 7 am. According to The Business Times, DBS’ digibank app users reported being

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Marketnode Raises Series A Funding from HSBC and Temasek

Marketnode, a Singapore-based digital market infrastructure operator, has announced the first close of its Series A investment round, led by HSBC with additional support from existing shareholder Temasek. The investment sum was not disclosed. The funding aims to scale Marketnode’s

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Mastercard Deploys Generative AI to Enhance Compromised Card Detection

Mastercard has announced the implementation of generative AI technology to significantly accelerate the detection of compromised cards, enhancing protection for cardholders and securing the payment ecosystem. Fraudsters frequently steal millions of payment card numbers through methods like spyware, malware, and

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Mastercard and Salesforce Collaborate to Improve Transaction Dispute Handling

Mastercard and Salesforce have announced a new integration aimed at enhancing the transaction dispute process. This collaboration seeks to provide consumers with a safer and more efficient shopping experience by streamlining the resolution of transaction disputes and reducing associated costs.

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Singapore’s peaq Among 5 Global Startups in Mastercard’s Blockchain Accelerator

Payment giant Mastercard has announced the inclusion of five global startups in its Start Path Blockchain and Digital Assets programme. This initiative aims to enhance user experiences and expand the applications of blockchain technology in solving real-world problems. Singapore-based startup

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