AgentFi.News desk briefing of reporting by mas.gov.sg.
MAS Commits S$220 Million to Support Next Phase of FinTech Innovation
The Monetary Authority of Singapore (MAS) has announced a S$220 million commitment over three years under the renewed Financial Sector Technology and Innovation Scheme (FSTI 4.0). This initiative aims to strengthen Singapore’s FinTech ecosystem by accelerating innovation and technology adoption across the financial sector. The funding supports the next phase of digital transformation, encouraging the development of robust infrastructure and advanced solutions that enhance operational efficiency and security within the broader financial landscape.
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