Showing 4089 Documents for "payment services"

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    • MAS
    • Parliamentary Replies

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    • QUESTION NO 670 NOTICE PAPER 892 OF 2017 FOR WRITTEN ANSWER Date: For Parliament Sitting on 6 November 2017 Name and Constituency of Member of Parliament Mr Ong Teng Koon, MP, Marsiling-Yew Tee GRC Question: To ask the Prime Minister whether the Ministry will consider linking cashcards with the PayNow payment system in order to allow for seamless topping up of cashcards from mobile apps instead of via a physical top-up machine as cashcards are the only cards accepted across all payment platforms
    • MAS
    • Media Releases

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    • Singapore, 11 November 2021 … The Monetary Authority of Singapore (MAS) today announced the results of the Global Central Bank Digital Currency Challenge (Global CBDC Challenge) at the FinTech Awards Ceremony of the Singapore FinTech Festival (SFF). The Global CBDC Challenge has helped to identify and develop retail CBDC solutions that increase payment efficiencies, improve financial inclusion and support the broader digitalisation drive in the economy. The Challenge was held in partnership with
    • MAS
    • Media Releases

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    • Singapore, 11 November 2021 … The Monetary Authority of Singapore (MAS) today announced the results of the Global Central Bank Digital Currency Challenge (Global CBDC Challenge) at the FinTech Awards Ceremony of the Singapore FinTech Festival (SFF). The Global CBDC Challenge has helped to identify and develop retail CBDC solutions that increase payment efficiencies, improve financial inclusion and support the broader digitalisation drive in the economy. The Challenge was held in partnership with
    • MAS
    • Circulars

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    • Informs financial institutions that cash rebates offered for housing loans are not permitted under MAS’ housing loan rules. Circular No. BD 14/2004 30 December 2004 Dear Sir/ Madam The Chief Executive Officers of All Banks/ Finance Companies/ Merchant Banks CASH REBATES OFFERED FOR HOUSING LOANS MAS is aware that financial institutions have been offering cash rebates to borrowers for housing loans. While cash rebates that were small relative to the
    • MAS
    • Media Releases

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    • Agencies issue Request for Information for e-payment solutions in hawker centres, HDB coffee shops and shops Singapore, 25 August 2017 – The National Environment Agency (NEA), Housing & Development Board (HDB), Monetary Authority of Singapore (MAS) and Smart Nation and Digital Government Office (SNDGO) have jointly issued a Request for Information (RFI) for electronic payment (e-payment) solutions to support micro-payments mainly at hawker centres, HDB coffee shops, and shops in the heartlands. This
    • MAS
    • Media Releases

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    •  Singapore, 16 April 2003. The Monetary Authority of Singapore (MAS) today released a Consultation Paper on the proposed Payment Systems Oversight Act and invites comments from the public. 2   Payment systems are critical to market and economic infrastructure, as they provide the means for transferring monetary values around the economy. Central banks around the world are closely involved in payment systems oversight, given their importance to financial stability, the successful implementation of
    • MAS
    • Speeches

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    • Ladies and gentlemen, good morning. And to all our foreign guests, welcome to Singapore. I am delighted that R3 is holding CordaDay 2019 in Singapore. We have representatives from almost a hundred of the world’s largest financial institutions and corporates gathered here today. I guess if it is a conference about blockchains, nobody wants to miss out. A Much Misunderstood Technology The blockchain is one of the most misunderstood technologies in recent times. The first misconception about the blockchain
    • MAS
    • Media Releases

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    • Singapore, 19 February 2014…  The Monetary Authority of Singapore (MAS) said today that security measures in place for payment cards 1 in Singapore were robust by international standards but card customers should nonetheless take the necessary precautions when using their cards.  MAS was responding to media queries about unauthorised online purchases made at a Taiwanese merchant, some of which were made using payment cards issued in Singapore. 2   MAS noted that there has been a rise in incidents
    • MAS
    • Notices

    Last revised date:

    • Requirements for the development and pricing of life insurance products and investment-linked policy sub-funds. This notice applies to all direct insurers licensed to carry on life business. It sets out: Requirements on management oversight, controls and policies and procedures on pricing and product development. Prohibited payout features. Requirements on procedure for approval of new products. Guidelines for notifying MAS of new products launched. Amendment Notes 19 Mar 2021 MAS 302 (Amendment)
    • MAS
    • Consultations

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    • Consultation Paper VIEW DOCUMENT Consultation Document on Insider Trading (86.2 KB) The Monetary Authority of Singapore INSIDER TRADING CONSULTATION DOCUMENT DATE OF ISSUE: 27 JANUARY 2001 CLOSING DATE FOR COMMENTS: 26 FEBRUARY 2001 Please forward y our comments to : Director, Securities Regulation Development Division, Securities and Futures Department, Financial Supervision Group, Monetary Authority of Singapore,