MAS to strengthen financial services' cyber resilience with Mastercard MOU

MAS and global payments company Mastercard have signed an MOU to enhance cooperation in cybersecurity.


Mastercard demonstrates interoperable CBDC for trusted Web3 commerce

This provides consumers with a new option to participate in commerce across multiple blockchains with increased security and ease.

Company in the news

NETS to acquire merchants directly for Mastercard and Visa in Singapore

This means eligible NETS merchants will now be able to accept payments using NETS, Mastercard and Visa.


Jewel Changi Airport and Mastercard sign US$3 mil partnership to boost visitor spending in Singapore and Jewel

The partnership is expected to bring more than 20% increase in Mastercard transaction volumes at Jewel in the next three years.
Embedding banks into post-pandemic payment trends - THE EDGE SINGAPORE

Digital Economy

Embedding banks into post-pandemic payment trends

“Historically, banks have been a little bit slow to the game. Certainly, the banks are looking to catch up now.”
Are credit card disruptors a serious threat to banks? - THE EDGE SINGAPORE

Disruption and Digitalisation

Are credit card disruptors a serious threat to banks?

Affirm is out to disrupt the credit card business by changing the way young people shop, pay and use credit.


Temasek-backed VC Reefknot Investments supports global supply chain development with latest investment

To Reefknot, this is a worthy investment given Previse’s ability to ensure a more seamless payment of e-commerce suppliers, upon receipt of an invoice. It is unlike the traditional payment patterns.


Visa joins Mastercard in cutting revenue outlook on virus impact

The company warned that cardholders’ spending overseas has slowed sharply, especially for travel related purchases, and that this quarter’s revenue growth will be about 2.5 to 3.5 percentage points lower than the outlook it shared on Jan. 30.

Global Markets


Singapore (Oct 7): “Officially Tuas is designed to handle 65 million TEUs (20-foot equivalent units), but I am sure PSA can squeeze a little more out of it if we work hard.” – Prime Minister Lee Hsien Loong, at the groundbreaking of the Tuas Megapor