MAS chief fintech officer Sopnendu Mohanty said the integration of the two payment networks is "ready and waiting for launch".
January 11, 2023While both Binance and FTX are not licensed Singapore, only Binance was “actively soliciting users” in Singapore, so it was added to the Investor Alert List.
November 23, 2022At least five Indian banks are reportedly in talks with Singapore's DBS regarding the PayNow-UPI linkage, which was initially meant to launch in July 2022.
September 12, 2022Nepal's UPI is expected to be deployed over the next few months, with all the functionalities and features presently available in India.
February 22, 2022BNM and PayNet are joining Project Nexus, which was first announced in July by BIS Innovation Hub and MAS to explore new cross-border payment linkages.
November 12, 2021Customers of participating financial institutions will be able to make real-time cross-border transfers using a mobile number.
September 28, 2021The PayNow-UPI linkage will be implemented in July 2022, enabling faster and lower cost fund transfers between Singapore and India.
September 15, 2021BIS Innovation Hub Singapore Centre and MAS have published a blueprint that could make real-time cross-border payments a reality in the next two to four years.
July 29, 2021UOB is testing the use of GovTech's 'Sign with Singpass' to allow a set of retail and corporate customers to confirm transactions and product applications.
June 14, 2021The participating banks include DBS, OCBC, UOB, Bangkok Bank, Kasikornbank, Krung Thai Bank and Siam Commercial Bank.
April 30, 2021