Tagged: sopnendu mohanty

March 14, 2018 @ 10:06 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to collaborate and mutually support the development of the Fintech ecosystems and encourage financial innovation between the two countries. Today, MAS and the Bank signed a Fintech Co-operation Agreement during the Money… Read More

February 14, 2018 @ 8:19 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Central Bank of Egypt (CBE) have announced a cooperation agreement to boost Fintech innovation between the two countries. MAS has initiated many of these bilateral agreements and is core to their strategy of being a global Fintech… Read More

November 20, 2017 @ 9:12 am By JD Alois  |  

The Monetary Authority of Singapore has posted an update on the Singapore Payments Council. According to MAS, the COuncil has endorsed the specification for a common Singapore Quick Response Code (SG QR) that can accept electronic payments by both domestic and international payment schemes, e-wallets,… Read More

November 17, 2017 @ 9:09 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) is reporting that up to USD $2 billion was made available to Fintech startups at the annual Singapore FinTech Festival Investor Summit.  MAS reports that 1000 attendees, including entrepreneurs and investors, participated in the “Deal Day” at the finale. … Read More

November 13, 2017 @ 8:04 am By JD Alois  |  

The Monetary Authority of Singapore (MAS), in partnership with The Association of Banks in Singapore (ABS) and with SingEx Holdings, kick off the Singapore FinTech Festival today. This is the second edition of the week-long event that promises to provide a forum for the Fintech… Read More

October 5, 2017 @ 9:15 am By JD Alois  |  

Blockchain or Distributed Ledger Technology (DLT) is pretty much accepted as the future of banking. A bigger question is whether or not banks will continue to exist, at least in present form.  Banks that embrace change and innovation stand a better chance to evolve and… Read More

August 8, 2017 @ 4:56 pm By Samantha Hurst  |  

The Centre for Finance, Technology, and Entrepreneurship (CFTE) announced on Tuesday it has formed a partnership with the Monetary Authority of Singapore (MAS) to formalize plans to expand its education initiative to ASEAN. According to the organization, the prime objective is to train finance professionals in… 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

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 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

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

March 9, 2017 @ 12:07 pm By JD Alois  |  

Money20/20, one of the world’s largest Fintech events, is gearing up for the inaugural Money20/20 Asia.  At a recent press event, Philip Thomas, CEO, Ascential Events, outlined why Singapore had been selected as a host city for the first ever Money20/20 event. Thomas said that… Read More

March 9, 2017 @ 8:49 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has concluded a “proof-of-concept project” to conduct domestic inter-bank payments using distributed ledger technology (DLT) also commonly referenced as Blockchain. The project, in partnership with R31 and a consortium2 of financial institutions, was first announced in November 2016. “This wholesale payments project… Read More

March 8, 2017 @ 7:59 am By JD Alois  |  

  The Monetary Authority of Singapore (MAS) and Abu Dhabi Global Market (ADGM) have signed a “Cooperation Agreement” (CA) to encourage closer cooperation on the development Fintech. The agreement seeks to foster entrepreneurship and support innovation in financial services in both Singapore and Abu Dhabi. … Read More

November 14, 2016 @ 8:20 am By JD Alois  |  

The very first Singapore Fintech Festival kicked off today with important support from the Singapore government. Both the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) partnered on launching the inaugural event.  The week long Fintech gathering expects to have… Read More

November 10, 2016 @ 5:05 pm By Samantha Hurst  |  

Citi announced on Thursday the launch of its new global API Developer Hub. The high profile banking brand revealed the hub was created as a way to connect with developers and enable them to build innovative client solutions. Citi reported that through the global API… Read More

November 8, 2016 @ 4:56 pm By Samantha Hurst  |  

On Tuesday, financial innovation firm R3 announced it is teaming up with the Monetary Authority of Singapore (MAS) to launch its dedicated distributed ledge technology (DLT) Center of Excellence in Asia. This is part of the company’s region expansion plans. The new R3 Asia Lab… Read More

October 24, 2016 @ 9:08 am By JD Alois  |  

The Korean Financial Services Commission (KFSC) and the Monetary Authority of Singapore (MAS) have signed a “cooperation agreement” to provide a framework to work together on Fintech initiatives.  Acdording to MAS, under the agreement the two agencies will explore potential joint innovation projects on technologies… Read More

October 22, 2016 @ 2:48 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) has signed another cooperation agreement to help propel mutual interests in Fintech development.  MAS has signed an agreement to cooperate with the government of Andhra Pradesh (GoAP), a state in India. Andhra Pradesh is one of 29 states and… Read More