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MAS and ABS to establish new payments entity to position national payment schemes for next stage of growthThe Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Wednesday jointly announced that a new entity will be set up to consolidate the administration and governance of Singapore’s national payment schemes to position these schemes for the next stage of growth. The duo said in a statement that the entity will also collaborate with MAS on the...0 Comments 0 Shares 687 Views 0 Reviews
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StraitsX partners with RedotPay and Visa to advance digital asset paymentsStraitsX, a Singapore-based digital asset infrastructure provider, has partnered with Hong Kong-based cryptocurrency payment firm RedotPay and global payment firm Visa to advance digital asset payments. StraitsX said in a statement on Tuesday that it supports the launch of RedotPay’s innovative digital asset-backed card program in Singapore. As the Visa BIN sponsor, StraitsX said it...0 Comments 0 Shares 501 Views 0 Reviews
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