Search Results for "PayNow"

Payments Council endorses Singapore QR Code Specifications for Electronic Payments

The Payments Council has endorsed the specification for a common Singapore Quick Response Code (SG QR) that can accept electronic payments by both domestic and international payment schemes, e-wallets, and banks. The new SG QR was developed by an industry

Read More

Winners of The MAS Fintech Awards & Global Fintech Hackcelerator Announced

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) today awarded 10 FinTech companies a total of S$1.15 million at the FinTech Awards. Reflecting the growth in the FinTech ecosystem, this year’s winning solutions span

Read More

Singapore Pointing The Way To Open Banking Platforms

People are – quite rightly – excited about the future of the financial services industry. The opportunity to surpass the traditional financial services experience with new digital innovations and strategic business models that are breaking barriers — is exciting to

Read More

MAS Announces Finalists for the Global FinTech Hackcelerator and FinTech Awards

The Monetary Authority of Singapore (MAS) announced the finalists for the 2017 Global FinTech Hackcelerator and FinTech Awards. The Global FinTech Hackcelerator and FinTech Awards are among the highlights of this year’s Singapore FinTech Festival, which will take place in

Read More

Payments Council Sets Up Taskforce to Develop Common QR Code for Singapore

Establishing interoperable electronic payments and developing a common QR code for Singapore were two key topics that the Payments Council discussed at its inaugural meeting on 11 August 2017. Establishing interoperable electronic payments The Council noted electronic payments as a

Read More

OCBC Bank Launches Mobile Keyboard to enable Cashless Payment directly from any Mobile App

OCBC Bank has launched a mobile keyboard that allows customers to make peer-to-peer payments without having to exit their current mobile applications. The OCBC Keyboard can be used within any mobile app or browser – for instance, within Facebook, Whatsapp,

Read More

Simplifying Electronic Payments in Singapore

At Singapore’s recent National Day Rally, Prime Minister Lee Hsien Loong highlighted that while Singapore has the right ingredients to become, what has been dubbed, a ‘Smart Nation,’ there is still much to be done. PM Lee lamented that while

Read More