Singapore Steps Up Fintech Initiatives as Festival Unfolds

Singapore Steps Up Fintech Initiatives as Festival Unfolds

Regulatory chief Ravi Menon unveils new measures in speech More than 25,000 people to attend FinTech Festival this year The Monetary Authority of Singapore unveiled a raft of new initiatives to further the city’s push into financial technology, including a project to improve banks’ ability to detect money launderers and others on blacklists, and a tie-up with the Canadian central bank on cross-border payments. MAS Managing Director Ravi Menon announced the measures in a speech on Tuesday at the Singapore FinTech Festival , a glitzy networking event that links banking executives with startups. More than 25,000 participants are expected […]

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