The Monetary Authority of Singapore (MAS) today announced the commencement of the Payment Services Act (PS Act). The new PS…
Search Results: payment services act (2016)
The Payment Services Bill which has recently been passed into law by the Parliament is part of the Monetary Authority…
Every time a customer pays with a card, the seller loses more than it seems at first glance. Payment processing…
In Singapore, payment remains a significant issue for both consumers and businesses. A global survey commissioned by payment platform Adyen,…
BC Payments, a Singapore-based subsidiary of Luxembourg-licensed bank Banking Circle, has received in-principle approval (IPA) from the Monetary Authority of…
FlexM Pte. Ltd., a global fintech conglomerate, has secured a Major Payment Institution (MPI) license from the Monetary Authority of…
Ripple Labs has filed a trademark application for “Ripple Custody,” indicating a move into cryptocurrency custody services, Cointelegraph has learned.…
Chocolate Finance had previously suspended instant withdrawals due to an unexpected surge in AXS bill payments, driven by customers maximising…
Indian fintech company Razorpay has launched its operations in Singapore, furthering its expansion in Southeast Asia, following successful ventures in…
Hex Trust Group, a digital asset custodian, has received a Major Payment Institution (MPI) license from the Monetary Authority of…
Singapore-based fintech startup Qashier has been awarded a Major Payment Institution (MPI) licence by the Monetary Authority of Singapore (MAS).…
Fly Wing Technologies, a subsidiary of digital asset platform Matrixport, has received a Major Payment Institution (MPI) license from the…
Managing financial transactions efficiently is crucial for any business operating locally or across international markets. The choice between using traditional…
Global payments infrastructure provider Nium has expanded its real-time payment network to include Australia. This enables businesses to process instant…
Straits Millennium has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license.…
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have announced plans to establish a…
Sri Lanka has launched GovPay, a new online payment platform designed to streamline digital transactions for government services. GovPay was…
Standard Chartered has launched SC PrismFX, a new suite of cross-currency transactional foreign exchange (FX) solutions. Available to financial institutions,…
The financial services industry has consistently led the way in embracing technological advancements, with Generative AI (GenAI) emerging as a…
India’s fintech firm Cashfree Payments has raised US$53 million (INR 450 crore) in a funding round led by KRAFTON, the…