Cross-border QR code payments connectivity launched between Singapore & Malaysia

The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have launched a cross-border QR code payment linkage between Singapore and Malaysia. This payment linkage will allow customers of participating financial institutions to make retail payments by scanning NETS QR and DuitNow QR codes. It will support in-person payments through the scanning of physical QR codes displayed by merchants, and online cross-border e-commerce transactions. 

Singapore’s banking system remains sound and resilient: MAS

Bank of Canada has announced the appointment of Nicolas Vincent as the bank’s new external, non-executive Deputy Governor for a term of two years, effective March 13, 2023. Vincent’s appointment fills the vacancy created by the departure of Timothy Lane in September 2022.

India and Singapore launch UPI-PayNow linkage

Bank of Canada has announced the appointment of Nicolas Vincent as the bank’s new external, non-executive Deputy Governor for a term of two years, effective March 13, 2023. Vincent’s appointment fills the vacancy created by the departure of Timothy Lane in September 2022.