Fintech Review

MARCH 25, 2025

This PoC provided an opportunity to explore insights into technological risks associated with digital assets across multiple blockchains. Transparency and risk management are critical to supporting institutional engagement in tokenized finance.”

Risk 52

Risk Assessments Risk Management Blockchain 52

Fintech News

OCTOBER 8, 2024

Under this proposal, DTSPs must apply for a license, and MAS will assess various aspects of the applicant’s business model, financial sustainability, and adherence to international regulatory standards. Additionally, the proposed regulatory framework includes guidelines on technology risk management and cybersecurity.

Service Provider 106

Service Provider Due Diligence AML Money Laundering 106

Fintech News

FEBRUARY 21, 2024

This guidance is intended to supplement existing MAS notices and guidelines on technology risk management and cybersecurity. Featured image credit: Edited from Freepik The post MAS Warns Financial Institutions of Quantum Computing Cyber Threats appeared first on Fintech Singapore.

Third Party Vendors 111

Third Party Vendors Cybersecurity Mitigation Encryption 111

VISTA InfoSec

JUNE 3, 2024

These may include: SOC1/SOC2: Service organization control reports that assess controls related to financial reporting and data security. MAS-TRM compliance: Technology risk management guidelines by the Monetary Authority of Singapore. PCI PIN and PCI DSS: Standards for securing payment card data.

MFA 130

MFA Credential PCI DSS Compliance 130

PYMNTS

JANUARY 9, 2020

Resilience360, incubated in DHL’s global Innovation Center , provides a continuous supply chain risk assessment and monitoring service. It’s now a stand-alone company, managed by holding company Rising Tide Digital and created by Columbia Capital to invest in disruptive supply chain technologies. .

Innovation 52

Innovation Risk Assessment Risk Assessments 52

Fintech News

JANUARY 24, 2024

Following its latest feedback publication on DPT regulations, MAS has introduced rules focusing on business conduct and technology risk management. MAS stated that it will consider all significant developments during their licence application assessments.

Service Provider 98

Service Provider Cryptocurrency Payments Institute Blockchain 98

PYMNTS

JUNE 17, 2020

The bank stands accused of failing to assess money laundering and terrorism financing risks; regulators said record-keeping was faulty and the company failed to monitor customer due diligence on transactions that may have been tied to child exploitation and endangerment. There was no evidence of intentional wrongdoing.”.

AML 75

AML Money Laundering Compliance Financial Crimes 75