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MAS to support cloud-based G20 TechSprint for banks and financial regulators to work with fintech firms on tech solutions

Felicia Tan
Felicia Tan4/29/2020 6:31 PM GMT+08  • 2 min read
MAS to support cloud-based G20 TechSprint for banks and financial regulators to work with fintech firms on tech solutions
The TechSprint initiative will enable central banks and financial regulators to collaborate with fintech firms on technology solutions to strengthen regulatory and supervisory practices.
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SINGAPORE (Apr 29): The Monetary Authority of Singapore (MAS) will be supporting the inaugural G20 TechSprint initiative, launched by the Saudi G20 Presidency and the Bank for International Settlements (BIS) Innovation Hub on the API Exchange (APIX) innovation platform.

The API Exchange (APIX) is a cross-border, open-architecture API platform that serves as a global marketplace for financial institutions, regulators, supervisors, central banks and fintechs to connect with one another.

The TechSprint initiative will enable central banks and financial regulators to collaborate with fintech firms on technology solutions to strengthen regulatory and supervisory practices.

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