The “Brankas Open” license is meant to encourage digital banking and fintech innovation and lower the cost barriers for startups, neobanks, and even traditional institutions to quickly prototype and launch new solutions, while retaining their own source code. Customers will benefit from more choice and better user experience, as companies have open access to use, […]

The 5-day round-the-clock Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and Technology (SWITCH) organized by the Monetary Authority of Singapore (MAS) and Enterprise Singapore (ESG) ended on 12 December 20201. The event attracted 60,000 participants from over 160 countries with more than 2,000 speakers, over 1,300 exhibitors, 27 international pavilions, and 45 […]

The Monetary Authority of Singapore (MAS) and the Magyar Nemzeti Bank (MNB) signed a Co-operation Agreement (CA) to strengthen cooperation in FinTech innovation between Singapore and Hungary. The CA sets out a framework for FinTech collaboration between both countries. It will put in place a referral mechanism to help FinTech firms access each other’s markets. […]