09 June 2020

MAS launches FinTech innovation competition

Written By FinTech Alliance in Innovation

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.

 

 

Up Next ...
22 November 2024

Eden AI raises €3M seed round to bridge the gap between AI models and business needs

Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...

22 November 2024

City Bank Adopts TranzAxis for E-Commerce Payment Solutions

This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.

22 November 2024

Zellis summit maps bold future of innovation

Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features

21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

More in Innovation

Posted By The Community

The pros, the risks and the revolutionary side of FinTech

10 May 2023

Fintech is revolutionizing the way we work. But while it brings a lot to the table, it also carries out risks that need to be addressed.

Written By: QUALITANCE

NayaOne partners with FCA

18 April 2023

NayaOne selected by FCA to build and operate Digital SandboxIN ...

Bank of England begins building Britcoin team

12 April 2023

The Bank of England has opened recruitment for CBDC development IN ...

EY launches its new UK Fintech Lab

15 December 2022

Consultancy firm EY has launches its first UK Fintech lab. In ...

White Papers Innovation

KPMG-HSBC on: Emerging giants in Asia Pacific

27 July 2022

The KPMG-HSBC Emerging Giants in Asia Pacific joint report takes an in-depth look at new econom...

White Papers Innovation

Selecting a Payment Hub, 2021-22

23 February 2022

The payments sector is evolving as the industry contends with the emergence of real-time payment rai...

Articles Innovation

Top FinTech trends in H1’21

21 October 2021

From 2020, we learned that with great challenge comes great opportunity; and now in 2021, we expect...

Articles Innovation

Why APIs are the future of FinTech innovation

27 May 2021

Learn why fintech APIs are driving an explosion of new business models, and how you can leverage API...

There are no Events in this category