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Search Results for "Monetary Authority of Singapore"
2 results for "Monetary Authority of Singapore"
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Singapore MAS Receives 21 Applications for Digital Bank Licenses
The Monetary Authority of Singapore received 21 applications for five digital bank licenses from fintechs and e-commerce firms. Winners were expected to be announced in June 2020 with operations commencing by mid-2021. This regulatory initiative opens Singapore's banking sector to non-traditional players.
MAS and Maharashtra Sign MoU for Fintech Cooperation
The Monetary Authority of Singapore (MAS) and the Government of Maharashtra signed a Memorandum of Understanding for closer fintech cooperation. The agreement aims to facilitate cross-border collaboration on fintech innovation, potentially including banking and financial services technology. It reflects growing international regulatory interest in supporting fintech-bank ecosystems.