July 13, 2017 @ 9:58 am By Cole Lyons  |  

The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) signed a Fintech Cooperation Agreement at the biennial Bilateral Meeting on July 11th. In addition, they also updated the Memorandum of Understanding on Banking Supervision that the two parties already had in place…. Read More

July 6, 2017 @ 6:49 am By Cole Lyons  |  

The Monetary Authority of Singapore (MAS) and has announced they have entered a Fintech agreement with the Danish Financial Supervisory Authority (Danish FSA). This new collaboration will allow companies in both Singapore and Denmark to expand into each other’s markets more fluidly. Over the past couple… Read More

July 3, 2017 @ 3:51 pm By Samantha Hurst  |  

KPMG, in collaboration with the Monetary Authority of Singapore (MAS), is set to sponsor the 2017 Global FinTech Hackcelerator program as part of the annual Singapore FinTech Festival which will take place from November 13-17th. The organizers of the program revealed: “The Global FinTech Hackcelerator is looking… Read More

June 30, 2017 @ 12:15 pm By Samantha Hurst  |  

On Thursday, the Monetary Authority of Singapore (MAS) announced it signed a fintech co-operation agreement with the Danish Financial Supervisory Authority (Danish FSA) to help fintech companies in Singapore and Denmark to expand into each other’s markets. The agreement was signed at the Money 20/20 European… Read More

June 20, 2017 @ 7:34 am By JD Alois  |  

Crowdfunding platform CoAssets (ASX:CA8) has received a Capital Markets License (CMS) from the Monetary Authority of Singapore (MAS). CoAssets started as real estate crowdfunding platform but has since added SME financing to its operation. CoAssets is based in Singapore but is publicly traded on the… Read More

June 18, 2017 @ 9:59 pm By JD Alois  |  

About a year ago, Crowdfund Insider connected with Julian Kwan, CEO and co-founder of Investacrowd, a real estate crowdfunding platform that was established in Singapore. Kwan was born in Australia but has spent the last 17 years in Asia – most recently Singapore. Having founded… Read More

June 9, 2017 @ 8:59 am By JD Alois  |  

  The Monetary  Authority of Singapore (MAS) has inked another Fintech agreement. This time MAS as signed a Memorandum of Understanding (MOU) with the Association of Supervisors of Banks of the Americas (ASBA). The ASBA helps to develop and promote bank supervisory practices throughout the… Read More

June 8, 2017 @ 1:25 am By Jonathan Nieh  |  

According to a recent article on Trustnodes, the Monetary Authority of Singapore, Singapore’s central bank, has successfully digitized their national currency by a creating a token out of the Singapore dollar on Ethereum’s blockchain technology. Phase 1 Complete Last November, MAS announced Project Ubin: a… Read More

May 31, 2017 @ 9:29 am By JD Alois  |  

Ravi Menon, current Managing Director of the Monetary Authority of Singapore (MAS), has been re-appointed to the MAS board of directors. His term on the Board has now been extended to June 1, 2019. Menon began his career at MAS in 1987. He holds a Master in… Read More

May 29, 2017 @ 10:03 am By JD Alois  |  

In a speech delivered to the Symposium on Asian Banking and Finance, co-hosted by the Monetary Authority of Singapore and the US Federal Reserve Bank of California, Ravi Menon, Managing Director of MAS, spoke about Asian banking and addressed the potential of Fintech to help the… Read More

May 23, 2017 @ 9:34 am By JD Alois  |  

The International Finance Corporation (IFC), part of the World Bank, and the Monetary Authority of Singapore (MAS) have signed a “Memorandum of Cooperation” agreeing to establish and develop the ASEAN Financial Innovation Network (AFIN). AFIN will strive to increase the adoption of Fintech innovation and… Read More

May 18, 2017 @ 7:10 am By Erin Hobey  |  

UK Fintech TransferWise has reached operational profitability six years after launch, according to a release. The Estonia-founded, London-based currency exchange startup indicated that it is currently amassing £8 million a month in revenue and is on target to reach £100 million for 2017. “To have hit… Read More

May 17, 2017 @ 1:50 am By JD Alois  |  

CCRManager Pte Ltd, a Fintech company based in Singapore, has launched an online platform for the distribution of trade finance, supply chain finance and working capital assets.  The online platform will enable banks to manage the entire process of distributing trade finance internationally to other… Read More

May 16, 2017 @ 8:54 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has announced the 2nd edition of the Singapore FinTech Festival, to be held in Singapore from 13 to 17 November 2017. The event is organized in partnership with The Association of Banks in Singapore (ABS) and in collaboration with SingEx… Read More

April 21, 2017 @ 3:08 pm By JD Alois  |  

This is a special time of the year in Washington, DC. It is the annual Spring Meetings of the IMF and World Bank meaning a diverse group of policymakers and regulators descend upon the US Capitol clogging restaurants and over-booking hotels. This also means there… Read More

April 18, 2017 @ 8:55 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the United Nations Capital Development Fund (UNCDF) under the ongoing UNCDF’s SHIFT (Shaping Inclusive Finance Transformations) have partnered on a program to increase digital financial services across the ASEAN region. According to MAS, the two entities will explore opportunities… Read More

April 12, 2017 @ 9:36 am By JD Alois  |  

Global economic powerhouse Singapore is tightening its relationship with China as indicated by the 3rd Singapore-Shanghai Financial Forum (SSFF) in Singapore today.  The SSFF is an annual forum that seeks to bring together financial industry participants from Singapore and Shanghai to discuss pertinent market developments and… Read More

March 27, 2017 @ 10:36 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) is continuing its push to collaborate with financial regulators around the world to improve Fintech innovation and collaboration. MAS today announced a cooperation agreement with the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés… Read More

March 20, 2017 @ 12:25 pm By Samantha Hurst  |  

On Monday, IBM announced the launch of its new developer tools specifically for financial services, which is known as the IBM Cloud for Financial Services. The new tools will notably offer the “essential building blocks” for financial services app creations. IBM reported that over 100,000… Read More

March 13, 2017 @ 9:23 am By JD Alois  |  

Less than a week after Japan inked an agreement to partner with the Financial Conduct Authority in the UK, the Financial Services Agency (FSA) in Japan has announced a cooperation framework with the Monetary Authority of Singapore (MAS). Similar to other existing arrangements by MAS,… Read More