Covid19

Covid-19 Support: Monetary Authority of Singapore Launches S$125 Million Package for Fintechs

The Monetary Authority of Singapore (MAS) today announced a S$125 million support package to sustain and strengthen capabilities in the financial services and FinTech sectors amid the current economic slump. The support package will help to position financial institutions (FIs)

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The Fintech Winners and Losers of the COVID-19 Pandemic

The COVID-19 outbreak has already had an enormous impact on the global economy, shaking up all industries. When thinking of this crisis it helps to remember that the birth of fintech was catalysed by the Global Financial Crisis circa 2008-2009,

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Maybank Offers Free Money Transfers for Malaysians Impacted by the Movement Control Order

Standing shoulder to shoulder with the community, Maybank today announced that it is offering complimentary remittance services for Malaysians working and living in Singapore who have been impacted by the Malaysia Movement Control Order (MCO). All Maybank and non-Maybank Malaysian

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BASIS ID To Support SMEs With 1 Million Free Identity Verification Service

BASIS ID will dedicate 1 million free verifications to companies from the APAC region to aid them recover from the crisis. During this difficult time, COVID-19 is restricting face-to-face contact between people, whereas the necessity to conduct customer identification and

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MAS and Financial Industry to Support Individuals and SMEs Affected by the COVID-19 Pandemic

The Monetary Authority of Singapore (MAS), together with the Association of Banks in Singapore (ABS), the Life Insurance Association (LIA), the General Insurance Association (GIA), and the Finance Houses Association of Singapore (FHAS), today announced a package of measures to

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How Governments Around The World Are Supporting SMEs During the COVID-19 Crisis

Around the world, countries are ramping up fiscal measures and financial aid programs to respond to the economic impact of the COVID-19 pandemic. With our colleagues on the ground in Singapore, Malaysia, the Philippines, Hong Kong, Switzerland and the United

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