MAS

United Kingdom and Singapore enhance cooperation in sustainable finance, FinTech

United Kingdom and Singapore have agreed to enhance cooperation in sustainable finance and FinTech. They have agreed to contribute to efforts to develop global regulatory standards for crypto and digital assets as part of international standard setting bodies such as IOSCO, and working groups under the Financial Stability Board (FSB), and welcomed the FSB…

Monetary Authority of Singapore proposes standards for digital money

The Monetary Authority of Singapore (MAS) has on Wednesday published a whitepaper proposing a common protocol to specify conditions for the use of digital money such as central bank digital currencies (CBDCs), tokenized bank deposits, and stablecoins on a distributed ledger.

MAS partners with Google Cloud to advance capabilities in generative AI technology

Singapore’s central bank the Monetary Authority of Singapore (MAS) and global cloud computing services provider Google Cloud have on Wednesday signed a Memorandum of Understanding (MoU) to collaborate on generative artificial intelligence (AI) solutions that are grounded on responsible AI practices.

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Creating a more equitable financial system with inclusive fintech

Inclusive fintech has the potential to revolutionize the financial industry and create a more equitable and just financial system for all. By using technology to provide financial services to underserved and unbanked populations, we can help break down barriers and promote financial inclusion for all.

Singapore and India launch real-time payments

The Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) have on Tuesday launched the linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI).

Central Banks of Indonesia, Malaysia, Philippines, Singapore and Thailand seal cooperation in regional payment connectivity

Bank Indonesia (BI), Bank Negara Malaysia (BNM), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and Bank of Thailand (BOT) have agreed to strengthen and enhance cooperation on payment connectivity to support faster, cheaper, more transparent, and more inclusive cross-border payments.

MAS launches expanded Initiative to advance cross-border connectivity in wholesale CBDCs

The Monetary Authority of Singapore (MAS) on Thursday launched Ubin+, an expanded collaboration with international partners on cross-border foreign exchange (FX) settlement using wholesale central bank digital currency (CBDC).

MAS: first Industry pilot for digital asset and decentralized finance goes live

The Monetary Authority of Singapore (MAS) announced Tuesday that the first industry pilot under MAS’ Project Guardian that explores potential decentralised finance (DeFi) applications in wholesale funding markets has completed its first live trades.

Google Cloud launches Climate Finance Accelerator with MAS and KPMG Singapore

Google Cloud has on Thursday launched a Climate Finance Accelerator with Monetary Authority of Singapore (MAS) and KPMG Singapore to provide climate fintech firms and startups with mentorship and funding opportunities to scale market-ready solutions.

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MAS conducts trial for digital Singapore dollar

The Monetary Authority of Singapore (MAS) on Monday released a report detailing potential uses of a purpose-bound digital Singapore dollar (SGD) and the supporting infrastructure required, marking the successful completion of Phase 1 of Project Orchid.