COVID-19: OCBC To Offer S$1B In Gov’t-Assisted Loans To SMEs As Applications Spike 10 Times
Following the Covid-19 outbreak, the volume of applications for relief measures in the last two months has increased by more than 10 times.
Banks, Fintech Firms To Get $2,000 A Month For Every S’porean Fresh Grad They Hire
The Monetary Authority of Singapore announced a $125 million support package to help banks and fintech firms hire and train talent, and adopt digital tools.
MAS Has Shortlisted 14 Out Of 21 Applicants For Digital Bank Licenses In S’pore
With players like Grab, Razer and Sea, those hoping to snag a digital bank license come from diverse fields and could have interesting things to offer.
MAS Testing New Blockchain Prototype, Allows Bizs To Make Payments In Multiple Currencies
MAS' prototype network could help improve cost efficiencies for businesses as it makes cross-border payments cheaper and safer.
Crypto Firm Sygnum Seeks Banking Licence In S’pore To Offer Digital Asset Management
After securing a conditional bank licence in Switzerland, Sygnum is looking to do the same in Singapore in order to offer digital asset management services.
MAS Launches ‘Sandbox Express’ So Fintech Firms Can Start Testing Ideas Within 3 Weeks
MAS' Sandbox Express will also have a longer duration of 9 months, to give Singapore fintech firms more time to overcome challenges.
Razer Considers Applying For MAS’ Digital Bank License – Grab, Singtel “Open” To It Too
Razer has expressed interest in the MAS Digital Bank License, which will let firms fulfill all their transactions and banking-related services online.
MAS Gives The Green Light For Digital-Only Banks In S’pore – Will Issue Up To 5 Licenses
The Monetary Authority of Singapore (MAS) has decided to allow non-bank firms to set up digital banks, and will issue up to five licenses.
MAS Studying Potential Regulations Of Crypto ‘Libra’ In S’pore After Talks With Facebook
The Monetary Authority of Singapore (MAS) believes there's potential for Facebook's cryptocurrency, Libra, but will need to consider regulations first.
Grab May Become One Of S’pore’s First Virtual Banks, If MAS Approves
Grab is exploring to apply for a license if the MAS decides to approve digital-only banks in Singapore.
S’pore Is Working On A Digital IC For All Of Us So We Can Use It For All Online Activities
These e-ICs are almost as cool as Samsung Pay.