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Fintech

MAS Announces Successful Applicants of Licences to Operate New Digital Banks in Singapore

MAS digital banks risk management Hackcelerator

The Monetary Authority of Singapore (MAS) announced four successful digital bank applicants. The applicants selected for the award of banking licences to operate digital banks are as follows:

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Gradual change seen in euro area payment behaviour

ECB payments

Cash most popular instrument for in-person retail payments, but use gradually declining. Card payments becoming increasingly contactless

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The future of money – innovating while retaining trust

Christine Lagarde ECB Digital euro

Important lessons can be drawn from the past to understand the factors influencing the journey towards the future of money, including the possible introduction of a digital euro. Ensuring the euro meets the needs of European citizens is at the core of the ECB’s mandate.

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MAS Announces 20 Finalists for the 2020 Global FinTech Hackcelerator

MAS Announces 20 Finalists for the 2020 Global FinTech Hackcelerator

The Monetary Authority of Singapore (MAS) announced today the 20 finalists for the 2020 Global FinTech Hackcelerator. The finalists this year comprise several unique solutions that seek to drive positive social

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Two UK companies set up in Lithuania after Brexit granted electronic money institution licences

DiPocket electronic money

The Board of the Bank of Lithuania issued electronic money institution licences to FIDELIS EUROPE, UAB, and DiPocket, UAB, authorising them to issue electronic money and provide payment services

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CFTC and South African Reserve Bank Announce Cooperative Effort to Promote Fintech Innovation

South African Reserve Bank (SARB)

The Commodity Futures Trading Commission and the South African Reserve Bank (SARB) today announced they have signed a Statement of Intent to cooperate and support innovation through each authority’s respective financial technology (fintech) initiative

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