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MAS launches ‘first’ centralised platform to combat fraud

The Monetary Authority of Singapore (MAS) has launched COSMIC, a centralised digital platform to allow sharing of customer information to combat several types of...

DBS Chief takes 30% pay cut for disruptive outages

DBS has announced that its Chief Executive Officer Piyush Gupta is set to take a 30% pay cut for a series of disruptive outages...

Coinbase certified as Payment Institution in Singapore 

Coinbase has been granted a Major Payment Institution (MPI) licence by the Monetary Authority of Singapore (MAS).  The crypto exchange and its Singapore division have...

ASEAN countries boost efforts to increase international trade

Singapore and the Philippines have once again expressed their commitment to cooperation as they look to collaborate in upgrading their payment systems.  The Bagko Sentral...

Payoneer achieves MPI certification in Singapore

Payoneer Global’s fintech subsidiary in Singapore has been awarded a Major Payment Institution licence from the Monetary Authority of Singapore (MAS).  With the licence, Payoneer...

MAS updates crypto recommendations in latest Singapore report

Singapore is one step closer to effectively integrating crypto assets into its local economy according to the latest report from the country’s monetary authority.  MAS,...

Singapore fines three banks over Wirecard dealings 

Three banks and an insurer have been fined in Singapore in connection to past dealings with the now-defunct German fintech Wirecard.  DBS, Citibank, and OCBC...

Circle Singapore granted Major Payment Institution licence by local authorities  

Payments provider Circle has received its Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS). The licence will allow the fintech to...

Volopay gets approved for MPI accreditation in Singapore

Payments firm Volopay has been given an in-principle approval (IPA) by the Monetary Authority of Singapore (MAS), recognising it as a major payment institution...

Cross-border QR payments link launched between Singapore and Malaysia 

Cross-border QR payment codes have been launched between the Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM).  The link is set to boost...

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