Articles with tag: the monetary authority of singapore

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Standard Chartered enabled to run more places of business in Singapore

04 Aug 2020 | E-invoicing, SCF & E-procurement

The Monetary Authority of Singapore (MAS) has enabled Standard Chartered Bank Singapore (SCBSL) to run more places of business (POBs) as a Significantly Rooted Foreign Bank (SRFB).

Standard Chartered, SRFB, Singapore, The Monetary Authority of Singapore, MAS, Chartered Bank Singapore, SCBSL, Significantly Rooted Foreign Bank, banks, POBs, digital, digital banks, banking, lender

The Monetary Authority of Singapore announces USD 125 mln support package for fintechs

08 Apr 2020 | Payments General

The Monetary Authority of Singapore (MAS) has announced a USD 125 million support package to sustain and strengthen capabilities in the financial services and fintech sectors amid the current economic slump. 

The Monetary Authority of Singapore, fintechs, digital, support package

Mico-coverage insurance consortium Beyond seeks Singapore digital bank licence

06 Jan 2020 | Online & Mobile Banking

Micro-coverage insurance consortium led by V3 Group and contactless card operator EZ-Link has announced applying for digital banking licence in Singapore.

Beyond, Beyond Consortium, The Monetary Authority of Singapore, Singapore, V3 Group, EZ-Link, Singapore Business Federation, Far East Organisation, Mitsui Sumitomo Insurance, Heliconia Capital Manager, investment, SME funding, insurance service, insurance

MAS helps develop blockchain-based prototype for multi-currency payments

11 Nov 2019 | Payments General

The Monetary Authority of Singapore (MAS) has led the development of a blockchain-based prototype that enables payments to be carried out in different currencies on the same network.

The Monetary Authority of Singapore, payments, blockchain, trade finance

Singapore launches new e-service for trade finance

06 Sep 2019 | E-invoicing, SCF & E-procurement

Singapore Customs, the Monetary Authority of Singapore, in partnership with other financial institutions, have created a new e-service for trade finance.

Singapore Customs, the Monetary Authority of Singapore, Singapore, trade finance e-service, national trade finance, financial institution, trade finance, BNP Paribas, DBS Bank, ICBC, MUFG Bank, OCBC Bank, UOB

Singapore opens applications for new digital bank licences

30 Aug 2019 | Online & Mobile Banking

The Monetary Authority of Singapore has invited applications for new digital bank licences.

Singapore, The Monetary Authority of Singapore, digital bank licence, open banking, Asia, APAC; digital banking,

MAS inks pact to promote fintech collaboration between Singapore and China

14 May 2019 | Payments General

The Monetary Authority of Singapore (MAS) has signed a cooperation agreement with the Asia-Pacific Future Financial Research Institute, a non-profit organisation and think tank.

The Monetary Authority of Singapore, Asia-Pacific Future Financial Research Institute, fintech, collaboration, agreement