Goldman Sachs forecasts that India’s real GDP growth will increase to 6.5% in the fiscal year 2024-25 (FY25), up from an estimated 6.2% in 2023-24. […]
Category: Digital Transformation
Insights On Transition To Transformation – Richard Southey
At the SIBOS event, Mr. Babu Nair, Founder & MD, Financial Technology Frontiers hosted an insightful conversation on the digital transformation within the banking sector. […]
Cross-border real-time payment systems connectivity between Singapore and Malaysia launched
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have jointly launched the real-time payment systems linkage between Singapore’s PayNow and Malaysia’s DuitNow. […]
Cross-border QR payments linkage between Indonesia and Singapore launched
Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have launched the cross-border quick response (QR) payment linkage between Indonesia and Singapore. This linkage […]
Dubai FinTech Summit 2024 launches FinTech World Cup at Singapore FinTech Fest
Dubai FinTech Summit, organized by Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, […]
MAS lays foundation for safe and innovative use of digital money in Singapore
The Monetary Authority of Singapore (MAS) has announced today a series of initiatives to foster the safe and innovative use of digital money in the […]
MAS launches blueprint outlining technology infra to facilitate digital money transactions
The Monetary Authority of Singapore (MAS) has published the Orchid Blueprint, which sets out the technology infrastructure that would be required to facilitate digital […]
CBDCs: A future beyond cash and enhanced cross-border payments, says IMF Chief
In a compelling keynote address at the Singapore Fintech Festival, Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), called for robust public […]
MAS-Led Consortium Develops AI-Powered System to Support Sustainable Finance in Real Estate Sector
The Monetary Authority of Singapore (MAS) has announced the development of a Minimum Viable Product (MVP) to assist banks in utilizing Artificial Intelligence (AI) for […]
IFC, MAS, and World Economic Forum join forces to enhance digital financial inclusion in developing markets
In a significant move to boost digital inclusivity in emerging and developing economies, the International Finance Corporation (IFC), the Monetary Authority of Singapore (MAS), and […]