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    • MAS
    • Media Releases

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    • Singapore, 17 July 2019… The Monetary Authority of Singapore (MAS) and the Central Bank of Kenya (CBK) have inked a FinTech Cooperation Agreement to support digital infrastructure development in Kenya. The two central banks will collaborate to develop basic digital infrastructure services for Kenya, including identity, data and Know-Your-Customer utility, based on a set of common standards. The cooperation was sealed at the inaugural Afro-Asia FinTech Festival in Nairobi, Kenya, which drew close
    • MAS
    • Media Releases

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    • Singapore, 15 Sep 2017… The Monetary Authority of Singapore (MAS) today announced the finalists for the 2017 Global FinTech Hackcelerator and FinTech Awards. The Global FinTech Hackcelerator and FinTech Awards are among the highlights of this year’s Singapore FinTech Festival , which will take place in Singapore from 13 to 17 November 2017. Global FinTech Hackcelerator 2   In May 2017, MAS published a catalogue of 100 problem statements gathered from the financial industry and invited the global
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 8 October 2018… The Monetary Authority of Singapore (MAS) today announced the 60 finalists that will vie for the Global FinTech Hackcelerator and FinTech Awards at this year’s Singapore FinTech Festival. The finalists will get to showcase their innovative solutions at the Festival. 2   This year’s finalists were selected from 514 submissions 1 from over 40 countries, representing a cross-section of the growing FinTech community, including in insurance, digital payments, and cybersecurity
    • PDPC
    • Commission's Decisions

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    • A warning was issued to The National Kidney Foundation for failing to put in place reasonable security to protect the personal data in its possession. The incident resulted in personal data being downloaded. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2021] SGPDPC 10 Case No DP-2005-B6353 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And The National Kidney Foundation Organisation DECISION -------- The National
    • MAS
    • Speeches

    Last revised date:

    • Ladies and gentlemen, good morning and welcome to the inaugural Singapore FinTech Festival. We have more than 11,000 participants from more than 50 countries, attending one or more of the many events lined up over these five days. Technologies Transforming Finance Financial technology or FinTech is transforming financial services, in a way not seen before. We have unprecedented mobility. The smartphone is becoming our bank.  People can consume financial services on the go. We have unprecedented connectivity
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 2 October 2019… The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) announced today that 40 finalists have been shortlisted for the FinTech Awards  to be presented at this year’s Singapore FinTech Festival x Singapore Week of Innovation and Technology (SFF x SWITCH). 2     The finalists were selected by a panel of industry judges from a total of 245 submissions. Many of the submissions from the growing FinTech community came from sectors such as RegTech
    • MAS
    • Speeches

    Last revised date:

    • Chairman and Council Members of the ABS, Ladies and gentlemen, Thank you for inviting me to join you this evening. Our objectives in liberalising banking 2.     I would like to talk this evening about our next steps in liberalising our banking system, and in taking advantage of the ongoing digital revolution in finance.   3.     It will be a new phase in our banking system. But the spirit of what we intend to do, and the calibrated way in which we will move forward, is similar to the approach we
    • MAS
    • Speeches

    Last revised date:

    • Jo Ann Barefoot : Great to see you.  So, probably most of the people who are watching our session today knows that MAS has been, really, the global leader in so many ways in advancing FinTech and RegTech. For so long, you've been first, you've been best in so many ways, so imaginative and creative. And we're going to concentrate our conversation tonight on the goals of financial inclusion and sustainability through FinTech. I want to start by talking about the pandemic. We know that this pandemic
    • MAS
    • Media Releases

    Last revised date:

    • 1. The 9th Joint Meeting of the ASEAN Finance Ministers and Central Bank Governors (AFMGM) was convened under the co-chairmanship of H.E. Sri Mulyani Indrawati Finance Minister, and H.E. Perry Warjiyo, Governor of Bank Indonesia. For the first time in three years, the Meeting was held in person as the travel restrictions present during the height of the COVID-19 pandemic eased. ASEAN Chair 2023 Priorities 2. The Meeting welcomed Indonesia’s theme of “ASEAN Matters: Epicentrum of Growth” for its Chairmanship
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 29 October 2021… The Monetary Authority of Singapore (MAS) announced today the finalists for the Global FinTech Hackcelerator, as well as the Singapore FinTech Festival (SFF) Global FinTech Awards. These Awards are among the key highlights of SFF 2021, which will take place from 8 to 12 November 2021. Global FinTech Hackcelerator 2021 2 The theme for this year’s Global FinTech Hackcelerator is “Harnessing Technology to Power Green Finance”. The 20 finalists, comprising FinTech firms and