Latest Updates

Date Title
28 Apr 2022 PayNow-PromptPay Linkage White Paper – by Monetary Authority of Singapore (MAS), Bank of Thailand (BOT) and Baker McKenzie

This white paper outlines how this first-of-its-kind linkage was conceived and developed by the MAS and the BOT, working closely with industry partners in both countries.  The following parties have contributed to the research of this publication:

• Association of Banks in Singapore
• Banking Computer Services Private Limited
• DBS Bank Ltd
• Oversea-Chinese Banking Corporation Limited
• United Overseas Bank Limited

• Thai Bankers’ Association
• National ITMX Co., Ltd
• Bangkok Bank Public Company Limited
• The Siam Commercial Bank Public Company Limited
• KASIKORNBANK Public Company Limited

To read the full paper, please click here
26 Apr 2022 Banking Trust Index for Singapore Shows Banks in Singapore Remain Trusted Despite COVID-19 Uncertainties
21 Apr 2022 ABS Launches Industry Standard Template for Banks to Engage Corporate Clients on Environmental Risk Issues
19 Jan 2022 MAS and ABS Announce Measures to Bolster the Security of Digital Banking
28 Dec 2021 Send Hong Baos digitally with PayNow (28/12/2021)
16 Aug 2021

Most Innovative Fintech E-gifting Solution Award

The Monetary Authority of Singapore (MAS) announced in January 2021 that the Most Innovative FinTech E-Gifting Solution will receive special recognition at the Singapore FinTech Festival 2021 (SFF 2021) in November.

This award will be held in partnership with The Association of Banks in Singapore (ABS) and the Singapore FinTech Association (SFA), which will form the judging panel to select the winning entries. The award recognises the best live solutions from payments ecosystem participations, whose e-gifting products complement MAS’ and the industry’s efforts to reduce cash usage during festive periods, while supporting environmental sustainability efforts.

To find out more,

Click here for EDM
Click here for Submission Form