Tag "Monetary Authority of Singapore (MAS)"
Singaporeans Can Now Access All Their Financial Info Under One Roof With SGFinDex
The Monetary Authority of Singapore (MAS) and the Smart Nation and Digital Government Group (SNDGG) launched the Singapore Financial Data Exchange (SGFinDex), which will enable Singaporeans to consolidate their financial information for more effective financial planning. The launch was announced
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E-Wallets Will Soon Have Access to E-Payment Platforms FAST and PayNow
The Monetary Authority of Singapore (MAS) announced that non-bank financial institutions (NFIs) that are licensed as a major payment institution under the Payment Services Act, will be allowed to connect directly to Fast and Secure Transfers (FAST) and PayNow from
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Singapore’s Week-Long Fintech Festival to Feature Over 40 Global Satellite Events
The Monetary Authority of Singapore (MAS) and Enterprise Singapore (ESG) announced that more than 40 global satellite events will take place across the world as part of the Singapore FinTech Festival (SFF) x Singapore Week of Innovation & TeCHnology (SWITCH)
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MAS and Philippines Central Bank Commit to Promote Data Connectivity, Info Sharing
Bangko Sentral ng Pilipinas (BSP) and the Monetary Authority of Singapore (MAS) have committed to work together to promote data connectivity in financial services in a joint statement. Both regulators recognise that the ability to aggregate, store, process, and transmit
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MAS Plans to Strengthen eKYC Amid Rising Identity Scam Cases
The Monetary Authority of Singapore (MAS) issued a consultation paper on the types of information required for non-face-to-face verification of an individual’s identity or better known as eKYC by the industry. These proposed requirements come against the backdrop of rising
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MAS Offers $35 Million Grant to Ease Regulatory Reporting for Smaller Financial Institutions
The Monetary Authority of Singapore (MAS) has launched a S$35 million Productivity Solutions Grant (PSG) for the financial services sector to help smaller financial institutions adopt digital solutions for more streamlined data reporting to MAS. Supported by the Financial Sector
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MAS Directs Wirecard to Cease Payment Services in Singapore
The Monetary Authority of Singapore (MAS) announced today that it has directed Wirecard entities in Singapore (Wirecard SG) to cease their payment services in Singapore and to return all customers’ funds by 14 October 2020. MAS said that it has
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Singapore Fintech Festival to Run as a Hybrid Digital-Physical Event in 2020
The Monetary Authority of Singapore (MAS) and Enterprise Singapore announced that the Singapore FinTech Festival (SFF) x Singapore Week of Innovation & TeCHnology (SWITCH) will expand to become the world’s first week-long round-the-clock, hybrid digital and physical event. Running from
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MAS Proposes New Regulations Amid Emerging Risks Arising from Digital Assets
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is proposing new regulations that it would give it more power to regulate the financial services industry, notably in the fields cybersecurity and virtual assets, the regulator said on July 21.
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Project Ubin: MAS Completes Final Phase Central Bank Digital Currency Project
The Monetary Authority of Singapore (MAS) and Temasek today jointly released a report to mark the successful conclusion of the fifth and final phase of Project Ubin. It provides technical insights into the blockchain-based multi-currency payments network prototype that was
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