Tag: Monetary Authority of Singapore
Singapore Pledges S$35 Million in Sustainable Finance Skills Development – Fintech Singapore
The Monetary Authority of Singapore (MAS), in collaboration with the Institute of Banking and Finance (IBF) and Workforce Singapore (WSG), has launched the Sustainable...
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Retail Hemorrhage: Global Fraud Eats $429 Billion While Consumers Take a Beating
Brick-and-mortar stores
and online retailers alike are facing a financial nightmare – a staggering $429
billion vanished from their coffers in 2023 due to fraudulent activity,
according...
Nuvei Gains Momentum in APAC Market with Singapore MPI License
The Canadian fintech company Nuvei Corporation has
secured a Major Payment Institution (MPI) license in Singapore as part of its
initiative to expand operations in the...
Nuvei Gains Momentum in APAC Market with Singapore MPI License
The Canadian fintech company Nuvei Corporation has
secured a Major Payment Institution (MPI) license in Singapore as part of its
initiative to expand operations in the...
Ripple Plans to Launch USD-Pegged Stablecoin – Fintech Singapore
Ripple, a provider of enterprise blockchain and crypto solutions, plans to introduce a stablecoin tied directly to the US dollar (USD), pending regulatory approvals.
This...
Ripple Plans to Launch USD-Pegged Stablecoin – Fintech Singapore
Ripple, a provider of enterprise blockchain and crypto solutions, plans to introduce a stablecoin tied directly to the US dollar (USD), pending regulatory approvals.
This...
Crypto Trading Firm GSR Granted Full License in Singapore – Fintech Singapore
GSR, a global cryptocurrency trading firm and liquidity provider, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore...
TerraPay Gets MAS Green Light for Payment License – Fintech Singapore
by Fintech News Singapore
April 8, 2024
Payments infrastructure company TerraPay has been awarded a Major Payment Institution (MPI) License by the Monetary Authority of Singapore...
TerraPay Gets MAS Green Light for Payment License – Fintech Singapore
by Fintech News Singapore
April 8, 2024
Payments infrastructure company TerraPay has been awarded a Major Payment Institution (MPI) License by the Monetary Authority of Singapore...
MAS Enhances Oversight Of Crypto Market Through Payment Services Act – CryptoInfoNet
Key points:MAS expands crypto regulation for better oversight, including custodial and cross-border services. New MAS rules align with global AML/CFT standards, enhancing financial stability...
Money Lock Safeguarded S$6.6B Across Over 78,000 Singapore Accounts – Fintech Singapore
by Fintech News Singapore
April 2, 2024
Since the launch of the Money Lock feature by three local banks – OCBC, DBS, and UOB – in...
MAS Bolsters Crypto Payment Rules, Here’s What You Need to Know – Fintech Singapore
The Monetary Authority of Singapore (MAS) has announced revisions to the Payment Services Act (PS Act) and related regulations, marking a significant expansion in...
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