09 June 2020

MAS launches FinTech innovation competition

Written By FinTech Alliance

MAS launches FinTech innovation competition

The Monetary Authority of Singapore has announced a $1.75mn FinTech innovation competition.

In Brief:

  • The MAS Global FinTech Innovation Challenge seeks solutions that help financial institutions respond to challenges.

  • The two challenges in focus are Covid-19 and climate change.

  • The competition will be hosted on cloud-based platform, the API exchange.

What does this mean?

The competition aims to promote FinTech solutions that will help organisations adapt quickly to a new operating environment, as well as encouraging green finance. MAS says this competition includes both the revamped MAS FinTech Awards and the Global FinTech Accelerator.

Read more here.

 

 

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