List of Licensed Crypto Services Providers in Singapore
WEBJan 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.
More Than Half a Million Users Have Signed Up With Singapore’s …
WEBMar 27, 2023 · Get the hottest Fintech Singapore News once a month in your Inbox. Singapore’s Trust Bank announced that it has now onboarded over 500,000 customers just seven months after its official launch in September 2022. This is close to 9% of the island state’s 5.64 million population as of end-June 2022. To …
CGS-CIMB Securities Launches Digital Investment Service for …
WEBMar 30, 2021 · CGS-CIMB Securities International, an integrated financial service provider in Asia, has launched a digital investment service in Singapore called ProsperUs.. ProsperUs will leverage CGS-CIMB’s deep research intelligence and network, to offer an investment experience for millennials that is convenient and …
6 Key Takeaways From MAS’ New Technology Risk ... - Fintech …
WEBMar 24, 2021 · Here are some of our key takeaways from the 2021 version of the TRM guidelines: 1. More focus on the board of directors and senior management being able to understand and manage technology risk, including cyber risk. Both the 2013 and 2021 guidelines require the board of directors and senior management (BSM) to ensure that a TRM framework is ...
MAS' Chief Fintech Officer on Making Singapore a World Leader in ...
WEBAug 29, 2019 · Since being appointed chief fintech officer at the Monetary Authority of Singapore (MAS) in 2015, Sopnendu Mohanty has put a particular focus on three key areas: helping financial institutions embrace and adopt digital and technology, enabling fintechs to grow and ink partnerships with banks, and ensuring that the existing talent pool is “re ...
Regtech Singapore and Asia News - Fintech Singapore
WEBSep 10, 2024 · ADVANCE.AI Expands ‘Know Your Business’ Service in Singapore and Malaysia. By Fintech News Singapore August 1, 2024. ADVANCE.AI, a provider of digital identity verification and risk management solutions in Southeast Asia, has expanded its capabilities…. Funding Regtech.
Singapore Fintech Unicorn Startups: Past, Present, and Future
WEBAug 23, 2021 · Singapore was recently ranked the fourth-best country globally for unicorn startups by Money.co.uk, a financial research website, which reported that it takes an average of 6 years and 11 months for Singapore’s unicorns to reach a valuation of US$1 billion. The island nation tied with the United States and Australia at the fourth place, and they came in after China, which took the lead ...
Here Are the 40 Solutions Shortlisted for the 2020 MAS FinTech …
WEBNov 6, 2020 · The Monetary Authority of Singapore (MAS) announced Thursday that 40 solutions have been shortlisted for the MAS FinTech Awards to be presented at this year’s Singapore FinTech Festival x Singapore Week of Innovation and TeCHnology (SFF x SWITCH).The theme for this year’s Awards is “Building Resilience, Seizing Opportunities, Emerging Stronger”.
Singapore’s 30 Hottest Fintech Startups To Watch
WEBJul 27, 2016 · Another player worth mentioning is MatchMove Pay, one of Singapore’s fastest growing fintechs. Founded in 2009, MatchMove Pay is an award-winning startup that focuses on online payments and mobile payments technologies. Its flagship product is its virtual payment card targeted at Southeast Asia’s low credit card penetration.
Fintech and Digital Finance Innovation Initiatives of Banks in ...
WEBNov 26, 2018 · TOV was awarded The Best Innovation Centre by Financial Institution in Singapore at The Asian Banker Financial Technology Innovation Awards 2018. Another area of focus for the bank has been upskilling its bank tellers to perform higher value-added financial services, Pranav Seth, head of e-business, business transformation and fintech, and ...