Archive

Check Out the 3 Winners of MAS’ Global Veritas Challenge 2021

The Monetary Authority of Singapore (MAS) has announced the three winners of the inaugural Global Veritas Challenge 2021 where each of them received a cash prize of S$50,000. The winners, selected from a pool of ten finalists, successfully addressed key

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MAS Says Crypto Unsuitable as Money, Lays Groundwork for Digital Singapore Dollar

Cryptocurrencies have performed poorly as a medium of exchange, a store of value, or a unit of account said Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS) during a speech at the Singapore Fintech Festival today.

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Here’s an Overview of MAS’ Four Pilot Programmes under Project Greenprint

The Monetary Authority of Singapore (MAS) announced that it will form partnerships to pilot four digital platforms under Project Greenprint, to address the financial sector’s needs for quality data on sustainability. Project Greenprint was launched in December 2020 and one

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Mastercard Launches BNPL Commercial Card for SMEs in APAC

Mastercard announced that it has launched a “buy now, pay later” (BNPL) commercial card solution called “Mastercard Pay & Split” for small and medium enterprises (SMEs) in the Asia Pacific region. Accepted at 80 million merchants worldwide, the card-led installments

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Thunes Intergrates Into Finastra’s SaaS Platform to Offer Alternative Payment Rails

Thunes, a Singaporean cross-border payments network, announced that it will integrate into Finastra‘s Software as a service (SaaS) payments connectivity platform – Fusion Total Messaging. The partnership will allow Finastra’s customers, mainly financial institutions, to access new payment rails across

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Prudential Partners Privé to Roll Out PFM Offering on Pulse App

Prudential announced partnerships with online healthcare platform Smarter Health and Software-as-a-Service provider Privé Technologies to expand its health and wealth offerings on its Pulse app at the Singapore Fintech Festival 2021. Users will be able to use Privé’s digital tools

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MAS Rolls Out Sandbox Plus With Three Major Upgrades

The Monetary Authority of Singapore (MAS) has announced three enhancements to its Fintech Regulatory Sandbox framework dubbed as Sandbox Plus and will take effect on 1 January 2022. MAS launched the sandbox in 2016 to encourage and enable experimentation of

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MAS’ Elevandi Sets up Center’s Operations at Fintech Co-working Space Bridge+

Elevandi, a new Company Limited by Guarantee (GLC) created by the Monetary Authority of Singapore (MAS) to manage the Singapore Fintech Festival (SFF), announced that it has partnered with Bridge+, a flexible workspace and community platform. Located at the Central

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MAS and STACS Join Forces to Build Blockchain-Based ESG Registry

Hashstacs (STACS) will be developing an industry-wide blockchain-based Environment, Social, and Governance (ESG) data and certification registry in partnership with the Monetary Authority of Singapore’s (MAS) Project Greenprint. MAS had announced the launch of Project Greenprint, a technology platform aimed

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AFIN Launches Fintech Global Registry ChekFIN to Ease Open Banking Partnerships

The ASEAN Financial Innovation Network (AFIN) announced the launch of ChekFIN, a global fintech registry aiming to assist Financial Institutions (FIs) in identifying and evaluating fintech companies for collaboration and development opportunities. Created in collaboration with Boston Consulting Group Fintech

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