List of Licensed Crypto Services Providers in Singapore
Jan 25, 2024 · Singapore’s Payment Services Act licensing framework for payment service providers, Source: Deloitte, 2019 . Since the PS Act came into effect on January 28, 2020, the Monetary Authority of Singapore (MAS) has received over 580 applications for payment services licenses and completed the review of more than half of them, MAS board member Alvin Tan said on April 4, 2022.
TOP 20 FINTECH STARTUPS IN SINGAPORE
Singapore is a leading hub for fintech in Southeast Asia, boasting the region’s largest and most developed fintech ecosystem. The city-state accounts for about 40% of all fintech companies and approximately 50% of total fintech funding in ASEAN, according to the Fintech in ASEAN reports by UOB, PwC Singapore and the Singapore Fintech Association. ...
Fintech Singapore Digital Finance News - FintechNewsSG
Dec 5, 2024 · Fintech News Singapore Personal Finance Mgt (PFM) Sponsored Thailand BigPay Taps Snowdrop Solutions to Simplify Spending Tracking for Thai Users By Fintech News SingaporeDecember 5, 2024 Snowdrop Solutions is expanding its partnership with BigPay to Thailand to provide local users with clearer insights into their spending habits. The partnership aims to transform the way Thai
Whitepapers and E-books - Fintech Singapore
The digital revolution is sweeping across Asia Pacific (APAC), and incumbent banks are facing a critical crossroads. The demand for fintech […]
Singapore Launches US$5 Billion FAST-P Initiative for Climate …
Dec 4, 2023 · Singapore has introduced a financial platform, the Financing Asia’s Transition Partnership (FAST-P), with the goal to raise US$5 billion in funds for climate action in Asia.
From Compliance to Competitive Edge: The Open Finance …
May 7, 2024 · Asia’s financial sector is undergoing an evolution that promises to reshape the foundations of banking. At the heart of this transformation lies the concept of Open Finance – a paradigm shift that transcends traditional banking boundaries to usher in an era of innovation, collaboration, and customer-centricity.
13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List
Jul 23, 2024 · Here are the top fintech firms from Southeast Asia according to CNBC's "World’s Top Fintech Companies 2024" list featuring 250 firms.
MAS Unveils FEAT Principles to Promote Responsible Use of AI …
Nov 12, 2018 · Dr David Hardoon said, “The FEAT Principles lay the foundation for a thriving AI and data analytics ecosystem. As the financial industry harnesses the potential of AI and data analytics on an increasing scale, we need to be cognisant of using these technologies in a responsible and ethical manner.
South East Asia Leaps Beyond Open Banking - Fintech Singapore
Oct 20, 2022 · Why is open banking relevant? Open Banking is intended to promote competition in the financial services industry and give consumers more control over their data.. It is already being implemented worldwide, such as in the United Kingdom, Australia, and Canada.In 2015, the European Union also issued a directive on open banking.
MAS Advances Asset Tokenisation with Next Phase of Global Layer 1
Jul 1, 2024 · The Monetary Authority of Singapore (MAS), alongside international financial institutions, has successfully completed the first phase of the Global Layer 1 (GL1) initiative.. The regulator is now focusing on developing standards, market practices, and governing principles for digital infrastructure supporting tokenised assets.