Tag "Monetary Authority of Singapore (MAS)"
Ned Phillips Unveils SaaS-Based Robo-Advisor ‘Bambu GO’ at SFF 2023
Bambu, a digital wealth technology provider, has launched its latest offering – Bambu GO – that is designed to provide financial institutions with a customisable robo-advisor for mass retail investors. The new offering is a SaaS-based robo-advisor that is integrated
Read More
Mastercard and NEC to Bring Biometric Checkout to APAC
Mastercard and NEC Corporation have announced a partnership to bring Mastercard’s Biometric Checkout Programme to the Asia Pacific region. The programme will allow consumers to use their biometrics to pay for goods and services in stores. The partnership will combine
Read More
Amazon Offers Exclusive Merchandise through Blockchain Wallets at SFF 2023
Amazon, StraitsX (part of Fazz) and Grab have launched an industry pilot at the Singapore Fintech Festival (SFF) that allows users to connect their blockchain wallet to redeem exclusive merchandise. The pilot is built on the Monetary Authority of Singapore’s
Read More
Singapore’s Platform Workers Grapple with Financial Freedom, Retirement Planning
A recent study has revealed that platform workers in Singapore face a number of financial challenges, including low levels of financial freedom, difficulty meeting monthly savings targets, and a lack of retirement planning. The ‘Financial Freedom for Platform Workers and
Read More
MAS Unveils AI-Powered Tool ‘MVP’ for Sustainability-Linked Loans
The Monetary Authority of Singapore (MAS) announced the launch of the Minimum Viable Product (MVP) to assist banks in issuing Sustainability-Linked Loans (SLLs) in the real estate sector. The tool will help banks to address key challenges such as inaccurate
Read More
SFF 2023 Attendees Offered S$1,000 in Demo Credits to Explore Project Guardian
Attendees of the Singapore Fintech Festival 2023 (SFF 2023) can get S$1,000 worth of demo trading credits to try out the Future of Finance Trading Portal. This initiative is part of Project Guardian, a collaboration between the Monetary Authority of Singapore
Read More
Universal Trusted Credentials Launched to Improve MSMEs’ Access to Lending
A collaborative effort involving the United Nations Development Programme (UNDP), the Monetary Authority of Singapore (MAS), the Bank of Ghana (BoG), the Global Legal Entity Identifier Foundation (GLEIF), and the SME Finance Forum has resulted in the launch of Universal
Read More
The Much-Anticipated Singapore Fintech Festival 2023 Is Finally Here
The eighth Singapore Fintech Festival 2023 (SFF 2023) kicks off today and will run until 17 November 2023. As one of the largest fintech festivals in the world, the event is expected to attract over 60,000 attendees from over 100
Read More
Singapore’s BNPL Firms Must Comply With Code of Conduct by Nov 2023
The Buy Now, Pay Later (BNPL) Code of Conduct, developed by the BNPL Working Group, has entered its next phase of implementation. The working group was formed by the Singapore Fintech Association (SFA) and industry players under the guidance of
Read More
MAS Asks Banks to Consider Seniors in Anti-Scam Measures, SRF Inclusion Possible
The Monetary Authority of Singapore (MAS) has asked banks to assess and implement customer authentication mechanisms that are more resistant to both phishing and malware attacks, taking into account the needs of seniors with limited digital literacy. These measures, when
Read More