Singapore

    Crypto / Digital Assets

    MAS Completes First Live wCBDC Settlement on SGD Testnet

    By Nithya Subramanian | 14/11/2025

    The trial shows banks can settle interbank overnight lending using wholesale CBDC on the new SGD Testnet, paving the way for future issuance of tokenised MAS Bills.

    Fintech / Regtech

    UK, Singapore, Thailand to Jointly Test Synchronised FX Settlement

    By Nithya Subramanian | 14/11/2025

    The three central banks will trial atomic, real-time FX settlement using interoperable RTGS and DLT systems, aiming to strengthen cross-border payments infrastructure.

    Crypto / Digital Assets

    MAS to Trial Tokenised Bills, Expand AI Initiatives

    By Nithya Subramanian | 14/11/2025

    MAS announced trials for tokenised MAS Bills settled in wholesale CBDC, finalised rules for stablecoins, and new AI governance initiatives.

    Fintech / Regtech

    MAS Consults on New AI Risk Management Guidelines for FIs

    By Nithya Subramanian | 14/11/2025

    MAS proposes that FIs must maintain full AI inventories, conduct risk-materiality assessments and implement robust data, testing and monitoring controls across the AI life cycle.

    Crypto / Digital Assets

    Cybercrime Surges as AI-Powered Threats and Real-Time Scams Challenge Banks

    By Nathan Lynch | 14/11/2025

    AI-driven cyberattacks, real-time payment scams and “dynamic friction” were hot topics at this year’s Singapore Fintech Festival.

    Fintech / Regtech

    GFTN Launches AI Research Intelligence Platform for Finance

    By Nithya Subramanian | 14/11/2025

    ALFIN integrates verified data from global regulators, investors, and innovators to deliver explainable, analyst-grade insights.

    Fintech / Regtech

    MAS, Singapore Police Warn of New Scam Using Doctored ID Cards

    By Nithya Subramanian | 14/11/2025

    The new scam tactic involves the use of digitally altered identity cards to open payment service accounts, which are then used to receive proceeds from scams.

    AML / KYC

    Singapore Jails Nominee Director in Multi-Million Dollar Shell Company Scam Case

    By Mark Johnston | 13/11/2025

    Singaporean man sentenced after shell firms he directed processed millions in proceeds from US and European scams.

    Fintech / Regtech

    MAS, FCA Forge AI-in-Finance Partnership to Drive Responsible Innovation

    By Nithya Subramanian | 13/11/2025

    Besides joint initiatives, the FCA will also establish first physical presence in Singapore, appointing a Financial Services Attaché at the British High Commission.

    Crypto / Digital Assets

    DBS, JP Morgan to Develop Cross-border Tokenised Deposit Framework

    By Nithya Subramanian | 13/11/2025

    The collaboration aims to create an interoperability framework enabling real-time exchange and settlement of tokenised deposits across multiple blockchains.

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