Fintech
MAS commits $250 mil to accelerate innovation and technology adoption in financial sector
The Monetary Authority of Singapore (MAS) says it will commit $250 million over the next three years to accelerate technology and innovation-driven growth in the financial sector under the enhanced
Singapore economy
MAS to prioritise keeping workers employed and upskilling workers through training opportunities as demand for digital services become stronger, says deputy MD Loh
The Monetary Authority of Singapore (MAS)’s deputy managing director Jacqueline Loh says the central bank has three priorities to support the local workforce in the country’s financial sector.
Disruption and Digitalisation
Government and banks team up to bring financial services to migrant workers
Since 2018, one of the themes of the Singapore FinTech Festival is financial inclusion in Asean.
Singapore economy
MAS announces key initiatives to support adoption of SORA
The Monetary Authority of Singapore (MAS) announced four key initiatives on August 5 to support the adoption of the Singapore Overnight Rate Average (SORA).
Fintech
MAS, NUS, NRF set up Asian Institute of Digital Finance to boost FinTech education and research
In a bid to spearhead FinTech education and research, the Monetary Authority of Singapore (MAS), the National Research Foundation (NRF), and the National University of Singapore (NUS) announced tha
Tech
Singapore FinTech Festival x SWITCH 2020 to feature digital and physical experiences over week-long event
The Singapore FinTech Festival (SFF) x Singapore Week of Innovation & TeCHnology (SWITCH) will expand to become the world’s first week-long round-the-clock, hybrid digital and physica
Banking & finance
Banks may now be given additional privileges under the enhanced Significantly Rooted Foreign Bank framework, says MAS
The Monetary Authority of Singapore (MAS) has enhanced its Significantly Rooted Foreign Bank (SRFB) framework, which allows qualifying full banks (QFBs) that have deep roots in Singapore, to operat
Banking & finance
UBS, Citigroup differ on how MAS’s move to cap bank dividend payouts will pan out
UBS Group AG and Citigroup Inc. are at odds on how Singapore’s move to cap dividend payouts at the nation’s banks will play out for equity investors.
Banking & finance
MAS extends US$60 bil swap facility with Fed Reserve
The Monetary Authority of Singapore (MAS) has announced an extension of its US$60 billion ($82.55 billion) swap arrangement via its USD Facility with the US Federal Reserve till 31 March
