Tag "MAS"

MAS Conclusion about Distributed Ledger Technology in Securities Settlement and Cross Border Payments

The Monetary Authority of Singapore (MAS) today announced the successful conclusion of the proof-of-concept project to conduct domestic inter-bank payments using distributed ledger technology (DLT). The project, in partnership with R3 and a consortium of financial institutions, was first announced on 16

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OurCrowd an Equity Crowdfunding Opens Singapore Office and Appoints new MD

OurCrowd, an equity crowdfunding, announced that it has opened an office in Singapore, its seventh worldwide, to serve the growing community of Asian investors interested in funding early stage high-growth companies. It has appointed Denes Ban, a successful entrepreneur and

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FS-ISAC and MAS Establish APAC Intelligence Centre For Analysing Cyber Threat Information

The Financial Services Information Sharing and Analysis Center (FS-ISAC) and the Monetary Authority of Singapore (MAS) announced that they will collaborate to establish an Asia Pacific (APAC) Regional Intelligence and Analysis Centre to encourage regional sharing and analysis of cybersecurity

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MAS Will Provide Strong Support For ‘Proof of Concept’ Trials

Mr Tharman Shanmugaratnam, Deputy Prime Minister and Chairman, Monetary Authority of Singapore, delivered a speech at the FinTech Awards on 17 November 2016. The speech honoured winners from two competitions organised as part of the inaugural Singapore FinTech Festival: the

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The 10 FinTech Award Singapore Winners, 250’000 goes to….

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) awarded 10 FinTech companies a total of S$1.15 million at the FinTech Awards. Organised as part of the Singapore FinTech Festival, the FinTech Awards recognise innovative

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MAS Issues “Regulatory Sandbox” Guidelines for FinTech Experiments

The Monetary Authority of Singapore (MAS) published its “regulatory sandbox” guidelines to encourage and enable experimentation of solutions that utilise technology innovatively to deliver financial products or services. The guidelines incorporate feedback from the public consultation as well as learning

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Singapore’s FinTech Journey – Where We Are, What Is Next

More than 11,000 participants from more than 50 countries attending one or more of the many events lined up over these five days of Singapore Fintech Festival. Remarks at Singapore FinTech Festival – FinTech Conference. Singapore Expo by Ravi Menon, Managing

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Winners of Global FinTech Hackcelerator, Provide Innovative Solutions to Industry Problems

The Monetary Authority of Singapore (MAS) announced that three FinTech companies will receive a cash prize of S$50,000 each for the technology solutions they presented at the Global FinTech Hackcelerator Demo Day. Organised as part of the inaugural Singapore FinTech

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soCASH Receives Financial Sector Technology & Innovation (FSTI)

soCASH, a growing Singapore-based fintech start-up that makes cash easily available anywhere and everywhere you want, today announced they have been granted the Financial Sector Technology & Innovation (FSTI) Scheme- Proof Of Concepts (POC) from the Monetary Authority of Singapore

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First Bank in SouthEast Asia To Use Blockchain Technology For Payment Services

OCBC Bank has become the first bank in Southeast Asia to use blockchain technology in its local and cross-border payment funds transfer services. The use of a payment blockchain solution will see increased efficiency, transparency and security as well as

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