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. […]
Tag: News
North American banks turning to new technologies to stay competitive: Study
The Economist Impact study, commissioned by Temenos, highlights a significant trend in the North American banking sector: a growing emphasis on technology as a key […]
IMF launches comprehensive guide on CBDCs
In a significant move to shape the future of digital finance, the International Monetary Fund (IMF) has unveiled a detailed Central Bank Digital Currency (CBDC) […]
Revolutionizing Payment Solutions: Link Money and Bold Commerce Join Forces
San Francisco, in a strategic move poised to reshape the landscape of payment processing, Link Financial Technologies, Inc. (dba Link Money), a prominent US-based open […]
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 […]