Singapore plays fintech evangelist on global mission

Singapore plays fintech evangelist on global mission

"The killer app is really to go cross-border. If we can make a blockchain- based system support payments from one country to another, that could be potentially transformative in bringing costs down," says Mr Menon. PHOTO: KELVIN CHNG Singapore IN TWO short years, Singapore has zipped into pole position in the fintech space, challenging rivals such as London in drawing intellectual and funding capital into the city-state with its open adoption of new technology and more broadly, innovation. The strategy, led by the Monetary Authority of Singapore (MAS), is now widening to a regional and global endeavour, as MAS […]