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 81

Service Provider Due Diligence AML Money Laundering 81

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 106

Third Party Vendors Cybersecurity Mitigation Encryption 106

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

The Fintech Times

AUGUST 15, 2024

Now, any organisation that neglects to adopt these technologies risks being left behind. These moves have allowed us to stay at the frontline of technological advancements in our key markets. At finova, we are always assessing the market and asking ourselves three questions – ‘what’s next?’,

Origination 57

Origination Payment APIs and Integration Addressing CRM 57

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 Stablecoins 98

Global Fintech & Digital Assets

NOVEMBER 7, 2023

Dealing in, advising on, or managing portfolios investing in Tokenised Securities: Intermediaries should conduct due diligence on the issuers and their service providers and be satisfied that the ownership and technology risks of the Tokenised Securities are effectively managed.

Distributed Ledger Technology (DLT) 52

Distributed Ledger Technology (DLT) Security Settlement Risk 52