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Discover all the Company news on MAS and other articles related to MAS in The Paypers News, Reports, and insights on the payments and fintech industry:

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Fiserv receives payment licence from MAS

News | Payments General | 31 Jan 2023

B2B financial marketplace Fiserv has been granted a Major Payment Institution (MPI) licence by the Monetary Authority of Singapore (MAS) for its local operating entity.

MPI licence, payment institution, payments , B2B payments, merchants, acquisition, money transfer, cross-border payments, financial services, ecommerce platform, Monetary Authority of Singapore (MAS)

Payoneer gains Major Payment Institution License in Singapore

News | Payments General | 16 Dec 2022

US-based payments company Payoneer has received in-principle approval as a Major Payment Institution License holder from the Monetary Authority of Singapore (MAS).

Payoneer, payment institution, Monetary Authority of Singapore (MAS), ecommerce, cross-border payments

UK and Singapore sign fintech agreement

News | Payments General | 28 Nov 2022

The Government of the UK and the Monetary Authority of Singapore (MAS) have signed a cross-country memorandum of understanding (MoU), deepening collaboration in fintech, and strengthening their financial cooperation.

partnership, fintech, central bank, regtech

MAS launches FX CBDC initiative, Ubin+

News | Cryptocurrencies | 09 Nov 2022

The Monetary Authority of Singapore (MAS) has launched an international initiative, Ubin+, to advance cross-border foreign exchange (FX) using wholesale CBDC.

partnership, cryptocurrency, cryptocurrency exchange, CBDC, FX , blockchain, wholesale banking, digital currency

MAS completes first phase of CBDC project

News | Cryptocurrencies | 01 Nov 2022

The Monetary Authority of Singapore (MAS) has completed the first phase of its Central Bank Digital Currency (CBDC) project.

CBDC, cryptocurrency, digital assets, regulation, blockchain

MAS proposes new measures regarding crypto trading and stablecoins

News | Cryptocurrencies | 28 Oct 2022

The Monetary Authority of Singapore (MAS) has published two consultation papers aimed at reducing the risk of consumer harm from crypto trading and supporting stablecoins.

cryptocurrency, stablecoin, regulation, Monetary Authority of Singapore (MAS), digital assets

MAS launches ESG Impact Hub

News | Payments General | 07 Oct 2022

The Monetary Authority of Singapore (MAS) has launched the ESG Impact Hub to spur collaboration between ESG fintechs and solution providers.

product launch, ESG, partnership, fintech, financial inclusion

MAS plans stricter crypto regulation, warns investors against risks

News | Cryptocurrencies | 30 Aug 2022

Monetary Authority of Singapore (MAS) officials have stated that the regulator is planning to roll out new regulations that will make it more difficult for retail investors to trade cryptocurrencies.

cryptocurrency, cryptocurrency exchange, crypto asset, FX

Indonesia and Singapore to carry out cross-border QR code payments connectivity

News | Online Payments | 30 Aug 2022

Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have announced a cross-border QR payment link between Indonesia and Singapore.

QR payments, QR code, digitalisation, online payments, Monetary Authority of Singapore (MAS)

MAS and ABS introduce self-service to fight digital banking scam

News | Digital Identity, Security & Online Fraud | 03 Jun 2022

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have announced that an emergency self-service ‘kill switch’ will be introduced to fight digital banking scams.

regulation, digital banking, banks, scam, fraud prevention

MAS launches Project Guardian

News | Cryptocurrencies | 01 Jun 2022

The Monetary Authority of Singapore (MAS) has announced the commencement of Project Guardian, a collaborative initiative with the financial industry that seeks to explore the economic potential and use cases of asset tokenisation.

product launch, digital assets, tokenization, blockchain, DeFi

MAS, SIF to promote data connectivity for financial services

News | Online & Mobile Banking | 27 May 2022

In recognition of the importance of data connectivity in financial services, the Swiss State Secretariat for International Finance (SIF) and the Monetary Authority of Singapore (MAS) have jointly issued a statement of intent.

Monetary Authority of Singapore (MAS), regulation, financial services, data sharing, Open Finance

Singapore votes stricter crypto laws

News | Cryptocurrencies | 05 Apr 2022

Singapore has voted new crypto law that requires crypto businesses based in the city-state operating on foreign soil to comply with anti-money laundering (AML) and anti-terrorism measures.

regulation, cryptocurrency, report, AML, financial services

EonX and Mastercard to support 'pay by account' solution in Australia

News | Payments General | 15 Mar 2022

Australia-based fintech EonX technologies has signed an agreement with Mastercard to support account-to-account capabilities in Australia.

fintech, MasterCard, partnership, account-to-account payment, fraud prevention, digital wallet, Open Banking

Paxos receives licence from MAS

News | Cryptocurrencies | 14 Mar 2022

US-based cryptocurrency trading and custody platform Paxos has received a licence from the Monetary Authority of Singapore (MAS).

regulation, Monetary Authority of Singapore (MAS), cryptocurrency, digital assets, financial services

MAS issues AML/CFT Notice for financial institutions

News | Digital Identity, Security & Online Fraud | 09 Mar 2022

The Monetary Authority of Singapore (MAS) has issued a new notice and other various revised notices applicable to financial institutions and variable capital companies (VCCs).

Monetary Authority of Singapore (MAS), regulation, money laundering, financial institutions, financial crime

MAS requires on DBS to set aside additional capital due to November 2021 outage

News | Digital Identity, Security & Online Fraud | 08 Feb 2022

The Monetary Authority of Singapore (MAS) has imposed DBS Bank to secure another USD 930 million in capital following the outage of its digital banking services in November 2021.

cybersecurity, Monetary Authority of Singapore (MAS), funding, digital banking

MAS to fight internet banking fraud with stringent measures

News | Digital Identity, Security & Online Fraud | 27 Jan 2022

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have decided to introduce additional measures to bolster the security of digital banking, according to The Fintech Times.

Monetary Authority of Singapore (MAS), regulation, fraud prevention, phishing, digital banking

The Money Authority of Singapore eliminates cryptocurrency ATMs

News | Cryptocurrencies | 27 Jan 2022

The Money Authority of Singapore (MAS), the country’s central bank, has enforced new regulations that ban cryptocurrency companies from advertising services in public areas, social networks, and websites.

Monetary Authority of Singapore (MAS), regulation, ATM, cryptocurrency, crypto

MAS, Bank Indonesia partner to boost innovation and regulation

News | Online & Mobile Banking | 21 Jan 2022

The central banks of Singapore and Indonesia partnered to strengthen bilateral cooperation and deepen ties in areas such as innovation and financial regulation.

Monetary Authority of Singapore (MAS), central bank, regulation, AML, partnership