Tag "Singapore Fintech Festival"
MAS Launches Project Ubin+
The Monetary Authority of Singapore (MAS) today launched Ubin+, an expanded collaboration with international partners on cross-border foreign exchange (FX) settlement using wholesale central bank digital currency (CBDC). Ubin+ will look into how atomic settlement based on digital currencies can improve
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Standard Chartered Joins Partior as Founding Partner With Strategic Investment
Standard Chartered announced today at the Singapore Fintech Festival that it has made an investment in Partior and is now a founding shareholder. The sum was not disclosed and is subject to regulatory approvals. Founded by DBS, J.P. Morgan and
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BigPay to Enable Users to Top Up Using BTC and ETH
BigPay, a Southeast Asian challenger bank and Capital A venture company, has launched its crypto top-up feature without any hidden fees. The latest offering was rolled out in partnership with TripleA, a licensed crypto payment gateway licensed by the Monetary
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Ant’s ANEXT Bank Launches Embedded Finance Platform for SMEs
ANEXT Bank, Singapore’s digital wholesale bank and a wholly-owned subsidiary of Ant Group, will collaborate with industry specialists to expand the breadth of service offerings for SMEs on their platforms to include the bank’s digital financial services. The ANEXT Programme
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Singapore, France and Switzerland to Collaborate on Wholesale CBDC Project
BIS Innovation Hub is launching a project around central bank digital currencies (CBDCs) and Decentralised Finance (DeFi) protocols as part of its 2022 work programme. Dubbed Project Mariana, it explores automated market makers (AMM) for cross-border exchanges of the hypothetical
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Terrascope Partners DBS, ERM, and Workiva to Help Enterprises Decarbonise
Terrascope, a smart carbon measurement and management platform, announced its strategic partnerships with DBS Bank, ERM, and Workiva in its ecosystem, offering end-to-end decarbonisation solutions for large enterprises yesterday. Real economy stakeholders, financial institutions, reporting platforms, and sustainability consultants will
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StraitsX Pilots Three Stablecoin Applications at SFF to Showcase Real-World Use Cases
Crypto payment infrastructure company StraitsX is piloting a series of stablecoin applications at the Singapore Fintech Festival 2022 to showcase stablecoins’ real-world use cases and business benefits. The three use cases, done in collaboration with IDEMIA, The HBAR Foundation, Mastercard
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MAS Commits S$150 Million Funding to Innovate Financial Sector
The Monetary Authority of Singapore (MAS) is opening a fresh round of funding for the Financial Sector Technology and Innovation Scheme (FTSI), amounting to S$150 million for the next three years. This was announced by Lawrence Wong, Singapore’s Deputy Prime
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Singapore to Eliminate Cheques by 2025
The Monetary Authority of Singapore (MAS) has issued a public consultation paper to study the possibility of eliminating all corporate cheques and terminate central cheque clearing by 2025. The announcement was made by Deputy Prime Minister and Minister for Finance
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Singaporeans Can Now View Their Insurance Data on SGFinDex
Individuals can now digitally access and aggregate information on their life, accident and health insurance policies by participating insurers, the Monetary Authority of Singapore (MAS) and Smart Nation and Digital Government Group (SNDGG) announced today. Policyholders can access the information
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