Showing 4089 Documents for "payment services"
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- PDPC
- Commission's Decisions
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- PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 14 Case Nos DP-1702-B0508/DP-1703-B0613 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Grabcar Pte. Ltd. [UEN 201427085E] … Organisation ________________________________________________________ DECISION ________________________________________________________ -------- Grabcar Pte. Ltd. [2019] SGPDPC 14 Grabcar Pte. Ltd. [2019] SGPDPC
- MAS
- Media Releases
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- ICBC Singapore Branch extends the blockchain-based services in domestic China to Singapore, aiming to in facilitate greener Singapore initiatives and dedicate group effort to cross-border payment services.
- Crypto banking services and payments Finbots AI Solutions Pte. Ltd. Embracing the new normal of credit risk modelling and decisioning letsbloom Democratising Bank Grade Security on Cloud Metaverse Green Exchange Pte. Ltd.
- MAS
- Media Releases
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- Singapore, 15 November 2018… The Bank of Canada, Bank of England and Monetary Authority of Singapore (MAS) have today jointly published a report (4.4 MB) which assesses alternative models that could enhance cross-border payments and settlements. The report examines existing challenges and considers alternative models that could in time result in improvements in speed, cost and transparency for users. 2 The report, “Cross-border interbank payments and settlements: Emerging opportunities for digital
- MAS
- Parliamentary Replies
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- firms providing services under the Payment Services Act to disclose what they charge as interchange fees for processing credit card or debit card transactions so as to provide for a more competitive landscape for such services in Singapore.
- Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1 Merchants are charged a processing fee for credit and debit card transactions by payment service providers (PSPs), be they banks or other providers such as NETS.
- The payment services industry has become highly competitive, especially with the influx of new players. PSPs compete with each other to offer cheaper or more attractive services to secure merchants, and indeed there is a significant churn amongst merchants switching from one PSP to another. * * *
- MAS
- Notices
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- The expressions used in this Notice shall, except where defined in this Notice or where the context otherwise requires, have the same meanings as in the Payment Services Act 2019 (Act 2 of 2019).
- Services (Exemption for Specified Period) Regulations 2019 during the transition period.
- MAS Notice PSN01A 5 December 2019 NOTICE TO PERSONS PROVIDING ACCOUNT ISSUANCES SERVICES WHO ARE EXEMPTED UNDER THE PAYMENT SERVICES (EXEMPTION FOR SPECIFIED PERIOD) REGULATIONS 2019 MONETARY AUTHORITY OF SINGAPORE ACT, CAP. 186 PREVENTION OF MONEY LAUNDERING AND
- MAS
- Media Releases
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- S&P Global ESG Solutions Niums RaaS platform makes it more accessible for financial institutions and large enterprises to become providers of payment services on their own digital platforms.
- MAS
- Parliamentary Replies
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- The Payment Services Act (“PS Act”) was introduced to provide new and innovative payment products and services with regulatory certainty. The Act covers cryptocurrencies, or digital payment tokens (“DPT”) as we would call it, as well as e-money, and domestic and cross-border fund transfers.
- Depending on its nature, Libra may be regulated under the PS Act, and be subject to requirements on anti-money laundering and countering the financing of terrorism imposed under the MAS Act.
- MAS
- Speeches
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- Some technology firms have integrated popular stablecoins into their payment services. Visa and Mastercard both allow transactions to be settled using USD Coin. Or are stablecoins more akin to the Chimaera, a monstrous fire-breathing hybrid creature in Greek mythology?
- MAS
- Media Releases
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- Financing, Payment and Service Connectivity 18.
- MAS
- Guidelines
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- service provider under the PS Act.
- payment system, under section 65(1) of the PS Act.
- an approval under section 59(2) of the PS Act; (y) an approval as a chief executive officer or director of an operator of a designated payment system, under section 65(1) of the PS Act.