Monetary Authority of Singapore

312 results about this entity

Period: 05 Aug 2010 - 29 Sep 2025

/security

MAS and banks shed light on quantum key distribution for secure financial communications

The Monetary Authority of Singapore (MAS), in collaboration with DBS, HSBC, OCBC, UOB, SPTel and SpeQtral[1], has successfully completed a proof-of-concept (PoC) sandbox to evaluate the use of Quantum Key Distribution (QKD)[2] for secure communications in the financial sector.

/security

Singapore to ban access to banking services and mobiles for convicted scammers

Singapore is introducing new rules that will restrict access to banking services and mobile phone lines for convicted scam mules.

/regulation

TransferMate receives in-principle approval from Singapore to add payment services

TransferMate, the world's leading provider of embedded B2B payments infrastructure as a service (IaaS), today announced TransferMate Pte. Ltd. has received in-principle approval from the Monetary Authority of Singapore (MAS) to add account issuance, domestic money transfers and e-money issuance to its Major Payment Institution (MPI) license.

/regulation

TransferMate secures in-principle approval from MAS to add payment services

TransferMate, the world’s leading provider of embedded B2B payments infrastructure as a service (IaaS), today announced TransferMate Pte. Ltd. has received in-principle approval from the Monetary Authority of Singapore (MAS) to add account issuance, domestic money transfers and e-money issuance to its Major Payment Institution (MPI) license.

/crypto

Asset manager associations join international blockchain initiative

The respective trade associations for the UK and Singapore's asset management industries have signed up to Project Guardian, a cross-border initiative led by the Monetary Authority of Singapore and designed to promote use-cases for blockchain.

/payments

Singapore consolidates payments networks under new entity

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) today jointly announced the incorporation of Singapore Payments Network (SPaN), which will administer and govern Singapore’s national payment schemes

/startups

Tenity signs cross-border fintech pact with Singapore's GFTN

Tenity, a global fintech innovation ecosystem and early-stage investor, and GFTN (Global Finance and Technology Network) have signed a Memorandum of Understanding (MoU) to explore strategic collaboration across digital innovation, talent development, and international scaling in financial technology.

/payments

National Vank of Cambodia joins Asean initiative for interconnected payments

The National Bank of Cambodia (NBC), the central bank of Cambodia, has officially joined the Regional Payment Connectivity (RPC) initiative, further strengthening regional financial integration in Southeast Asia.

/security

DBS Bank and Bank of China customer records compromised in ransomware attack

The Monetary Authority of Singapore is investigating a ransomware attack on Toppan Next Tech, a vendor responsible for printing customer statements for DBS Bank and Bank of China (BoC) in Singapore, which exposed the personal data of thousands of customers.

/security

Singapore authorities warn of rise in deepfake corporate video calls

Singapore authorities are warning businesses of a rise in scam video calls which use deepfake AI to impersonate business bosses with the aim of duping employees into transferring funds to criminal accounts.

/security

Singapore records surge in mobile wallet scams

The Singapore Police Force is warning of a rise in scams using phished card credentials and mobile wallets.

/payments

Singapore to consolidate payment schemes under a new entity

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) today jointly announced that a new entity will be set up to consolidate the administration and governance of Singapore’s national payment schemes to position these schemes for the next stage of growth.