Page 45 - Monetary Authority News Today

Fidelity Bank Joins Forces With Proxtera To Empower Ghanas Smes On GIFE Platform

Fidelity Bank, Ghana's largest privately-owned bank, signed a landmark agreement with Proxtera on Wednesday, May 15, 2024, to empower Small, and Medium

The Bank of Ghana (BoG) has announced the successful completion of the first proof of concept (POC) under Project DESFT (Digital Economy Semi-Fungible Token). This achievement marks a milestone in cross-border transaction payments by utilizing digital credentials, namely the eCedi, and an approved stablecoin from Singapore. | Pulse Ghana

Lawrence Wong, 51, will take over as prime minister of Singapore on Wednesday, becoming the fourth leader of the Asian financial hub since its independence in 1965. Wong succeeds Lee...

Vice President of Ghana, Dr. Mahamudu Bawumia, has emphasized the critical importance of the decisions made today in shaping the future trajectory of Africas FinTech and tech sectors for years to come. | Pulse Ghana

Central banks in China, India and Singapore have added to their gold reserves amid geopolitical and foreign exchange uncertainties.

SINGAPORE: The Monetary Authority of Singapore (MAS) has fined Swiss-Asia Financial Services S$2.5 million (US$1.8 million) for multiple breaches of requirements to safeguard against money laundering and terrorism financing. A reprimand has also been issued to the company's chief executive officer and chie

The company has since “taken the necessary remedial actions” to address its deficiencies. Read more at straitstimes.com.

The recent outages occurred even as a remediation plan to identify and rectify the cause of disruptions in 2023 is ongoing. Read more at straitstimes.com.

MetaComp Pte Ltd, a leading Monetary Authority of Singapore (MAS) licensed Singapore fintech company that specializes in blockchain technology and digital ...