Monetary Authority of Singapore

289 results about this entity

Period: 05 Aug 2010 - 15 Aug 2024

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MAS collaborates with banks and tech firms on quantum security

/security

MAS collaborates with banks and tech firms on quantum security

The Monetary Authority of Singapore has gathered a consortium of banks and technology partners to study the application of Quantum Key Distribution (QKD) as a defensive mechanisim against the threat posed by super-fast computing power.

Singapore warns of uptick in impersonation scams

/security

Singapore warns of uptick in impersonation scams

Police and banking authorities in Singapore are warning people to beware of a sophisticated impersonation scam that netted crooks $10.6 million in June alone.

Ghana pilots blockchain-based credentials and CBDC for global trade

/inclusion

Ghana pilots blockchain-based credentials and CBDC for global trade

The Bank of Ghana (BoG) has completed a proof-of-concept into the use of digital credentials for international trade and CBDC-based cross-border payments.

MAS to fund quantum and AI projects for financial sector

/ai

MAS to fund quantum and AI projects for financial sector

The Monetary Authority of Singapore is to commit $100 million in grant funding to support the development of AI and quantum computing technologies in the financial sector.

/payments

Fave receives in-principle approval for MPI Licence from MAS

Fave Singapore, operating under the registered entity name Beeconomic Singapore Pte. Ltd. and part of the Pine Labs group today announced that it has received an in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) Licence to offer account issuance, merchant acquisition, and domestic money transfer services.

Banks in Singapore to phase out One-Time Passwords

/security

Banks in Singapore to phase out One-Time Passwords

Banks in Singapore are to phase out the use of phishing-prone One-Time Passwords (OTP) in favour of digital tokens for bank account login.

/ai

Singapore Fintech Festival to turn the spotlight on AI and quantum technologies

The Singapore FinTech Festival (SFF) 2024 will be back for its 9th edition from 6 to 8 November, preceded by the Insights Forum™ from 4 to 5 November.

Paxos approved to issue stablecoins in Singapore

/crypto

Paxos approved to issue stablecoins in Singapore

Paxos has received full approval from the Monetary Authority of Singapore to offer Digital Payment Tokens and has lined up DBS Bank as its primary banking partner for cash management and custody of stablecoin reserves.

BIS and MAS map blueprint for assessing bank climate risk

/sustainable

BIS and MAS map blueprint for assessing bank climate risk

The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) have developed a blueprint for a platform that integrates regulatory and climate data to help financial authorities identify, monitor and manage climate risks in the financial system.

Central banks to test FX settlement in wCBDC

/payments

Central banks to test FX settlement in wCBDC

The Bank for International Settlements (BIS) is launching Project Rialto to explore how instant cross-border payments could be improved using a modular foreign exchange component combined with settlement in wholesale central bank digital currencies (wCBDC).

Deutsche Bank joins MAS-led asset tokenisation project

/markets

Deutsche Bank joins MAS-led asset tokenisation project

Deutsche Bank is the latest bank to join the Monetary Authority of Singapore's multi-year Project Guardian initiative to explore asset tokenisation applications.

/startups

UK and Singapore reaffirm fintech co-operation pact

The United Kingdom (UK) and Singapore held the 9th UK-Singapore Financial Dialogue in Singapore today.

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