ABSRSS

Singapore sets Phase 2 to stun for blockchain inter-bank payments

Singapore

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) say that the consortium which they are leading has developed software prototypes for improved payments on blockchain. The prototypes included three different models for decentralised inter-bank payments and settlements with liquidity savings mechanisms. The project, conducted together with 11 financial institutions […]

Association of Banks of Singapore launches PayNow mobile payments service

Singapore-listed stocks can now be traded in London

The Association of Banks of Singapore (ABS) has unveiled a new funds transfer service – PayNow – that requires only a mobile and identity card numbers to enrol.

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techno