Posts From Fintech News Singapore
Alvin Tan: MAS’ Framework on Loss-Sharing for Scam Victims Taking Longer Than Expected
The Monetary Authority of Singapore (MAS) found that it is taking longer than expected to design a fair and effective framework for the equitable sharing of losses resulting from scams, Minister of State for Trade and Industry Alvin Tan said
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MAS Sets up ESG Impact Hub to Drive Industry Collaboration
The Monetary Authority of Singapore (MAS) has launched the ESG Impact Hub to drive collaboration and co-location between ESG fintech startups and solution providers, financial institutions and real economy stakeholders. The launch was officiated by Ravi Menon, Managing Director of
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Thailand Stock Exchange Launches an ESG Data Platform
The Stock Exchange of Thailand (SET) has launched an ESG Data Platform to strengthen the capital market’s ecosystem on sustainability. The platform offers an end-to-end ESG data management system from listed companies’ data filing to analytics and distributed ESG data
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MAS Works Closely With the Police to Combat Crypto Scams
The Monetary Authority of Singapore (MAS) has remained vigilant to combat rising cryptocurrency scams in the country, said Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS in a parliamentary reply. He added that MAS regularly conducts surveillance to
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Close to 500 Cases of Phishing Scams Involving PayNow Transactions Reported in 2021
There were 477 cases of banking related phishing scams involving PayNow transactions in 2021 with a median loss of S$3,400, according to statistics from the Singapore Police Force. Tharman Shanmugaratnam, Senior Minister and Minister in charge of the Monetary Authority
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MAS Launches S$5 Million Grant to Fund Scalable Blended Finance Solutions
The Monetary Authority of Singapore (MAS) and Convergence Blended Finance, a global network for blended finance, announced the launch of a S$5 million Asia Climate Solutions Design Grant at the inaugural Transition Finance Towards Net Zero (TFNZ) conference yesterday. Hosted
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Sygnum Partners With T&B Media to Raise US$300M to Fund Its Metaverse Platform
Sygnum, a digital asset technology group with a Singapore capital markets services (CMS) license, announced it is partnering Thai media and entertainment group T&B Media Global to raise over US$300 million to fund its new interconnected metaverse platform. The raise
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ADVANCE.AI Ties up With Visa to Enhance Its Credit Decisioning Services
ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company, is partnering with Visa to enhance its credit decisioning for the unbanked and underbanked segments across Southeast Asia. The strategic data partnership will see ADVANCE.AI integrate Visa’s Cardholder Transaction Score
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Here’s What You Need to Know About Singapore’s Talent in Finance Programme
The Monetary Authority of Singapore (MAS) says that leadership development is an important area of focus for the Talent and Leaders in Finance (TLF) programme under the Financial Services Industry Transformation Map 2025. The Financial Sector Development Fund (FSDF) has
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ShopBack Raises Additional US$80 Million From Temasek’s 65 Equity Partners
Shopping and rewards platform ShopBack announced that it has extended its Series F funding round with US$80 million of equity capital from Temasek’s 65 Equity Partners. The completion of the raise is subject to customary regulatory approvals. This follows an
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