Tag: MAS

Amidst the popularity of buy now, pay later (BNPL) solutions, the Monetary Authority of Singapore (MAS) has raised growing concerns over consumers drowning in unseen debt.

The Monetary Authority of Singapore (MAS) has imposed a penalty of S$1m on a Singapore-based bank branch for not complying with its anti-money laundering and terrorism financing acts.

The Cyber Security Advisory Panel (CSAP) of the Monetary Authority of Singapore (MAS) has stressed that financial institutions need to review their security controls.

The Monetary Authority of Singapore (MAS) is seeking comments on the types of information required for non-face-to-face verification of an individual’s identity.

Governments around the world are rapidly recognising the importance of nurturing RegTech solutions and the Monetary Authority of Singapore (MAS) is no different, having just rolled out a $26m productivity solutions grant to do so.

After almost two decades of helping regulators with their data woes, Vizor is now also supporting financial institutions with its new RegTech offerings.

The Monetary Authority of Singapore (MAS) has revealed a SGD $125m ($87m) support package which will support the financial services and FinTech sectors during the coronavirus pandemic.

The Monetary Authority of Singapore (MAS) has established a SGD $250m ($182m) in a fund targeting the FinTech space.

As the Covid-19 pandemic risks intensifying the move away from globalisation and towards isolationism, the managing director of the Monetary Authority of Singapore (MAS) urged for more connectivity, not less.

The Monetary Authority of Singapore (MAS) has urged individuals and businesses to use digital financial services and e-payments to help curb the spread of the coronavirus.