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178 Results from "Monetary Authority of Singapore"

/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.

/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.

/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.

/regulation

Reap gets in-principle approval for major payment institution license in Singapore

Reap, a leading payment technology provider, is thrilled to announce today that it has received an In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the Major Payment Institution (MPI) License for its Singapore entity, Reap Singapore.

/regulation

MAS fines JPMorgan $2.4 million over midconduct of relationship managers

The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $2.4 million on JPMorgan Chase Bank, N.A. (JPM), for failing to prevent and detect misconduct committed by its relationship managers (RMs).

/cloud

Apac regulators conduct cloud crisis management exercise

Asia Pacific financial regulators and global cloud service providers (CSPs) in the Financial Sector Cloud Resilience Forum.

/regulation

MAS conducts business continuity exercise

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) jointly conducted today a business continuity exercise with financial institutions to strengthen the financial sector’s crisis management and operational resilience.

/regulation

Monetary Authority of Singapore sets up cyber and tech resilience experts panel

The Monetary Authority of Singapore (MAS) announced today the establishment of a Cyber and Technology Resilience Experts (CTREX) Panel.

/sustainable

Central banks build resource for climate risk data

Climate change poses significant challenges to the global financial system, and financial authorities and institutions need access to reliable, consistent climate data to assess their exposure to its associated risks.

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