FSI Fintech
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Boosting Cashless Transactions Across the Philippines
Hong Kong: New Institute Focuses on FinTech
MAS Partners on Quantum Security for Financial Sector
The Monetary Authority of Singapore has launched a significant initiative to advance financial sector security by signing an MoU to trial Quantum Key Distribution and committing SG$100 million to support quantum and AI technologies.
IIT Kanpur’s Tech-Driven Approach to BFSI and Start-ups
IIT Kanpur is advancing the BFSI sector and entrepreneurial ecosystem with innovative programmes and strategic partnerships, enhancing banking exam preparation and providing startups with essential resources and mentorship.
Indonesia Exploring Belief-Based Digital Financial Systems
Indonesia is encouraging faith-based economic implementation, leveraging digital technology like Sharia-based mobile banking and QRIS to enhance efficiency and accessibility for the growing Sharia financial market.
Singapore: MAS Commits S$100M for Quantum and AI
MAS commits S$100 million under the FSTI 3.0 scheme to advance quantum and AI technologies within the financial sector, aiming to foster innovation, enhance cybersecurity, and develop industry-wide solutions for financial institutions.
Singapore: Innovative Banking Solutions for the Underserved
Technological innovation and strategic partnerships are enhancing financial inclusion and empowering underserved consumers, particularly gig economy workers, entrepreneurs, and young professionals, driving high-quality economic development in Singapore.
MAS Enhancing Banking Security in Singapore
In a decisive move to combat phishing scams, Singapore’s major retail banks will phase out OTPs for digital token users over the next three months, significantly enhancing security and protecting customer accounts from unauthorised access.