Monetary Authority of Singapore
Payment Options secures in-principle approval for MPI licence in Singapore
Payment Options secures in-principle approval for MPI licence in Singapore
It aims to offer payment capabilities to SMEs.
1 day ago
This week in finance: TenPay Global CEO on interoperable payments; tap-to-pay service roll-outs
OCBC and Vietnam separately strengthen their QR payment ties with China.
3 days ago
MAS expands Ripple’s scope of payment activities in Singapore
Ripple uses digital payment tokens to offer end-to-end payment solutions.
MAS cracks down on influencers promoting financial products
Seemingly educational content or advice can cross into regulated territory.
Singapore and Japan renew bilateral swap arrangement
They can exchange local currencies of up to S$15b or JPY1.1t.
Why banks must act fast on quantum threat
The financial cost of delay would be roughly 2.5% of the information technology budget.
Finance leaders flag governance risks with fast growing fintech systems
Finance leaders discuss macroeconomics, AI, new forms of money, policy sustainability, and more.
Tokenisation, cyber threats top agenda at Singapore FinTech Festival Day 2
MAS unveils pilot for tokenised MAS Bills as leaders warn of rising AI-enabled cyber risks.
MAS completes live trial of interbank lending using wholesale CBDC
SGD Testnet enables financial institutions to settle tokenised financial assets using wholesale CBDC.
Five takeaways from day 1 of the Singapore Fintech Festival
Tokenisation emerges as a key driver of future digital money systems.
Singapore pursues digital economy ties with ASEAN and global blocs: DPM
DPM Gan also said Singapore is focusing especially on financial services to stay globally relevant.
MAS, banks move to address PayNow surcharge amid fee concerns
Singapore’s central bank says banks must ensure transparency as it reviews surcharges on PayNow.
Singapore and Hong Kong enhance banking supervision cooperation
It enhances supervision of cross-border operations of banks under their purview.
QCP Trading granted major payment institution licence in Singapore
It can now offer spot DPT trading services to institutional clients.
Singapore, Brunei establish reciprocal cross-border collateral arrangement
This will allow them to accept a wider range of collateral in their facilities.
TransferMate clinches MAS approval to add payment services
This expands its existing suite of products in Singapore to include storing funds.
Singapore banks’ interest income expected to come weaker in Q2
Net interest margins of the 3 banks are expected to compress by 5-7 basis points.