Tag "Monetary Authority of Singapore"
FinTech Cooperation between Singapore and India
The Department of Economic Affairs (DEA), Government of India, and the Monetary Authority of Singapore (MAS) signed a Memorandum of Understanding to strengthen cooperation in financial innovation between Singapore and India, through the establishment of a Joint Working Group (JWG).
Read MoreSingapore and Brunei Enhance Cooperation in Fintech
The Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) signed a FinTech Cooperation Agreement (CA) to foster innovation in financial services between Brunei Darussalam and Singapore. The FinTech CA will facilitate the sharing of information on
Read MoreAsia-Pacific Fintech Market to reach US$72 billion by 2020
Active support and initiatives by financial regulators such as the Monetary Authority of Singapore, Bank Negara Malaysia and Bank Indonesia has enabled the Asia-Pacific Fintech ecosystem to grow significantly in 2017. New innovations are expected to radically transform the way consumers
Read MoreSingapore ICO Guideline Released: Issuers May Apply for Sandbox
In light of the increased popularity of ICOs in Singapore, Monetary Authority of Singapore (MAS) published today their guidelines for digital token offerings, more popularly known as ICOs. The guidelines states that if the token is used as a capital
Read MoreInsurTech Is Disrupting Insurance Forever – Will There Still Be a Place for Human Financial Advisors?
Wave after wave of technological disruption has hit us in recent years and it looks like the insurance industry is next in line. Insurtech is the new tradename for an aggressively growing group of apps, software’s, and startups reinventing a
Read MoreFirst 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
Read MoreMAS Awards a Full CMS Licence to MoolahSense
MoolahSense is the first marketplace lending platform to be granted a full Capital Markets Services (CMS) licence by the Monetary Authority of Singapore. The CMS licence for “Dealing in Securities” was issued today. This marks a milestone in the development
Read MoreANZ Launches Innovation Lab in Singapore
ANZ has launched an innovation lab in Singapore to help accelerate innovation in Institutional Banking capability and facilitate collaboration with the financial technology – or ‘fintech’ ecosystem which includes participants from industry, academia and government. The facility, known as ANZ
Read MoreMAS Proposes New Rulings, Launches Fintech Innovation Lab to Boost Financial Innovation
Singapore’s central bank and financial regulator, the Monetary Authority of Singapore (MAS), has made several announcements this week, launching a set of new initiatives intended to bolster financial innovation and support its ambition as becoming a fintech leader. “An electronic
Read MoreMAS Details 100 Problem Statements For ‘Global Fintech Hackcelerator’ – Infographics
With the upcoming week long Fintech Festival organized by the Monetary Authority of Singapore (MAS), the central bank has named the 100 challenges it invites fintech startups and ventures from around the world to solve using innovative products and services.
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