Singapore
Singapore fintech news: MAS policy, digital banks, payments, digital assets, tokenisation and funding in Southeast Asia’s fintech hub.
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Singapore Payments Network names Derek Chan first CEO ahead of 2027 handover of PayNow and FAST
Singapore Payments Network, the new owner of the country’s national payment schemes, has appointed Derek Chan as chief executive and an 11-member board chaired by Jacqueline Loh of MAS. It…
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StraitsX partners Visa to issue stablecoin-backed cards in more than 100 markets
StraitsX, the Singapore issuer of XSGD and XUSD, will use a Visa partnership to offer stablecoin-backed card programmes in more than 100 markets.
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Malaysia and Thailand central banks join MAS-led BLOOM initiative for cross-border digital money
Bank Negara Malaysia and the Bank of Thailand join Singapore’s BLOOM initiative as policymaker members, alongside new industry participants including Visa, Mastercard, Airwallex and Ripple.
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OCBC launches ringgit savings for Singapore customers, a first for a non-Malaysian bank
From October 23, OCBC customers in Singapore can hold up to RM50,000 in Malaysian ringgit and earn interest on it, a first for a bank outside Malaysia.
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Sea plans separate listing for fintech arm Monee
Sea founder Forrest Li told staff the group plans to take its financial services arm Monee public, according to a memo reviewed by Reuters.
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