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Monetary Authority of Singapore and Mojaloop Foundation to Support the Financially Underserved with Digital Currency Settlement Systems


Monetary Authority of Singapore and Mojaloop Foundation to Support the Financially Underserved with Digital Currency Settlement Systems
The 
Monetary Authority of Singapore (MAS) and the
Mojaloop Foundation revealed on Wednesday (May 26, 2021) that MAS will be joining the Mojaloop Foundation as a
Sponsor-level member in order to collaborate on offering the underserved access to “affordable” financial services via digital currency based settlement systems and foundational digital infrastructure.
MAS is reportedly the first central bank to join the Mojaloop Foundation.
As mentioned in the announcement, the Mojaloop Foundation aims to improve through financial inclusion the “economic well-being” of the world’s 1.7 billion unbanked adults.  Mojaloop’s open-source software aims to serve as a blueprint for organizations to develop interoperable digital payment systems while supporting digital financial services for everyone. ....

Kosta Peric , Paula Hunter , Sopnendu Mohanty , Financial Services For The Poor , Omidyar Network , Melinda Gates Foundation , Monetary Authority Of Singapore , Division Head , Fintech Infrastructure Office , Mojaloop Foundation Board Of Directors , Rockefeller Foundation , Ubin Central Bank Digital Currency , Mojaloop Foundation , Monetary Authority , Project Ubin , Central Bank Digital Currency , Chief Fintech Officer , Mralan Lim , Technical Governing Board , Executive Director , Deputy Director , Financial Services , பால வேட்டைக்காரன் , நிதி சேவைகள் க்கு தி புவர் , மெலிண்டா வாயில்கள் அடித்தளம் , பண அதிகாரம் ஆஃப் சிங்கப்பூர் ,

MAS joins Mojaloop Foundation


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MAS joins Mojaloop Foundation
Source: Mojaloop Foundation
The Monetary Authority of Singapore (MAS) and the Mojaloop Foundation announced today that MAS is joining the Mojaloop Foundation as a Sponsor-level member to collaborate on providing the underserved access to affordable financial services through digital currency based settlement systems and foundational digital infrastructure.
MAS is the first central bank to join the Mojaloop Foundation.
The Mojaloop Foundation seeks to improve through financial inclusion the economic well-being of the 1.7 billion unbanked adults in the world. Mojaloop s open-source software serves as a blueprint for organisations to build interoperable digital payment systems, and enable digital financial services for all. ....

Kosta Peric , Paula Hunter , Sopnendu Mohanty , Financial Services For The Poor , Melinda Gates Foundation , Monetary Authority Of Singapore , Division Head , Mojaloop Foundation Board Of Directors , Fintech Infrastructure Office , Ubin Central Bank Digital Currency , Mojaloop Foundation , Monetary Authority , Project Ubin , Central Bank Digital Currency , Chief Fintech Officer , Technical Governing , Financial Services , Melinda Gates , பால வேட்டைக்காரன் , நிதி சேவைகள் க்கு தி புவர் , மெலிண்டா வாயில்கள் அடித்தளம் , பண அதிகாரம் ஆஃப் சிங்கப்பூர் , பிரிவு தலை , பண அதிகாரம் , மைய வங்கி டிஜிட்டல் நாணய , தலைமை ஃபிண்டெக் அதிகாரி ,