Singapore

MAS confirms 21 applications for digital bank licences

Singapore has received applications from 21 entities seeking licences to launch digital bank. This was confirmed by the Monetary Authority…

UK digital bank Revolut goes live in Singapore

British neo-bank Revolut has launched its digital banking services in Singapore after completing a successful beta phase. The London-based challenger…

Singapore offers new grant to bolster cybersecurity in financial sector

The Monetary Authority of Singapore (MAS) has announced a new grant of S$30m ($22m) to bolster cybersecurity of the financial…

Singapore and Dubai regulators bolster fintech partnership

The Monetary Authority of Singapore (MAS) has signed an agreement with the Dubai Financial Services Authority (DFSA) to strengthen fintech…

Thomson Reuters, SFA team up to combat financial crimes in Singapore

Thomson Reuters has partnered with Singapore FinTech Association (SFA) in a bid to counter the growing threat of financial crimes…

FS-ISAC and CSA join forces to boost cybersecurity in Singapore

The Financial Services Information Sharing and Analysis Center (FS-ISAC) has signed a memorandum of understanding (MoU) with the Cyber Security…

LATTICE80 enters new partnership to facilitate Singapore-Hong Kong fintech

LATTICE80 has entered into a partnership with fintech Accelerator SuperCharger to facilitate exchange between the fintech ecosystems in Singapore and…

Temasek acquires 5% stake in India’s AU Bank for $147m

Singapore state-owned investment firm Temasek has purchased a 4.8% stake in India-based AU Small Finance Bank in a transaction valued…

OCBC Bank rolls out digital account opening service in Singapore

OCBC Bank has rolled out a new digital account-opening service that allows applicants to instantly open an OCBC 360 Account…

Singapore and India sign fintech cooperation pact

The Monetary Authority of Singapore (MAS) and the Department of Economic Affairs (DEA), Government of India have signed a memorandum…