Showing 4089 Documents for "payment services"

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    • MAS
    • Media Releases

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    •  Date : For Parliament Sitting on 8 July 2002 The Deputy Prime Minister and Chairman of the Monetary Authority of Singapore ("MAS") today moved the Bills of Exchange Act (Amendment) Bill for the first reading in Parliament. 2   The Bill seeks to amend the Bills of Exchange Act for the purpose of establishing a Cheque Truncation System ("CTS").  Specifically, the amendments will allow for cheque presentment by electronic means and recognise the rights of a holder of an Image Return Document ("IRD
    • MAS
    • Speeches

    Last revised date:

    •   Date: 23 Jul 2002 Mr. Speaker, Sir, I beg to move, "That the Bill be now read a second time". 2   Sir, the Bills of Exchange Act provides the legal framework of bills of exchange, cheques and promissory notes.  It was last amended in April 1998. 3   This Bill seeks to amend the Act for the purpose of establishing a Cheque Truncation System, or CTS in short. 4   Sir, I shall begin by giving an overview and benefits of CTS. Overview of Cheque Truncation System (CTS) 5   Singaporeans have written
    • MAS
    • Media Releases

    Last revised date:

    •  Singapore, 5 December 2000 - The Singapore Clearing House Association (SCHA) has awarded Citibank and Banking Computer Services Pte Ltd (BCS) another five-year contract for running the United States Dollar Cheque Clearing System (USDCCS) in Singapore. Citibank will be the settlement bank while BCS will be the clearing agent for the USDCCS. 2   At the contract signing ceremony held at the Monetary Authority of Singapore (MAS) today, Mr Koh Ching Ang, MAS' Executive Director for Finance, congratulated
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 7 November 2021… The sixth edition of the Singapore FinTech Festival (SFF) kicks off from 8 to 12 November. As the world’s largest FinTech event, this platform provides a unique opportunity for the global FinTech, innovation and business communities to connect, collaborate and network. 2 The week-long SFF will feature more than 350 sessions, over 700 speakers, over 260 exhibitors, and 14 international pavilions. The event will be streamed ‘live’ to over 60,000 participants, including representation
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 7 November 2021… The sixth edition of the Singapore FinTech Festival (SFF) kicks off from 8 to 12 November. As the world’s largest FinTech event, this platform provides a unique opportunity for the global FinTech, innovation and business communities to connect, collaborate and network. 2 The week-long SFF will feature more than 350 sessions, over 700 speakers, over 260 exhibitors, and 14 international pavilions. The event will be streamed ‘live’ to over 60,000 participants, including representation
    • PDPC
    • Commission's Decisions

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    • A financial penalty of $9,000 was imposed on AIG for failing to make reasonable security arrangements to prevent the unauthorised disclosure of personal data.  This case involved an incorrect facsimile number used by AIG on its renewal notices. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC 8 Case No DP-1707-B0901 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And AIG Asia Pacific Insurance Pte. Ltd
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 12 November 2021... The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced the award winners of the Global FinTech Hackcelerator, the SFF Global FinTech Awards and the Most Innovative FinTech e-Gifting Award, at the Singapore FinTech Festival. The winners, comprising financial institutions, FinTechs and solution providers, were recognised for their ground-breaking solutions that promote financial inclusion and sustainable development in the financial
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 12 November 2021... The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced the award winners of the Global FinTech Hackcelerator, the SFF Global FinTech Awards and the Most Innovative FinTech e-Gifting Award, at the Singapore FinTech Festival. The winners, comprising financial institutions, FinTechs and solution providers, were recognised for their ground-breaking solutions that promote financial inclusion and sustainable development in the financial
    • MAS
    • Consultations

    Last revised date:

    • We make payments easier and more efficient by creating a wide range of payment solutions and services using our family of well-known brands, including MasterCard, Maestro and Cirrus.
    • innovation In the enthusiasm for supporting small new FinTech start-ups, the MAS should be mindful not to overlook the vital role played by larger and more established players in driving competition and in financial services and payments, particularly given Singapores
    • As the operator of what we believe is the worlds fastest payments network, we facilitate the processing of payment transactions, including authorization, clearing and settlement, and deliver related products and services.
    • MAS
    • Consultations

    Last revised date:

    • This consultation seeks views on the proposed amendments to the Securities and Futures (Reporting of Derivatives Contracts) Regulations 2013. The proposed amendments aim to facilitate the aggregation of OTC derivatives data through standardisation and harmonisation of data elements by incorporating CPMI-IOSCO’s technical guidance on the harmonisation of the unique transaction identifier, unique product identifier and other critical data elements . Response VIEW DOCUMENT Response to Consultation on