Singapore unveils slew of fintech initiatives to bolster status as finance hub

Monetary Authority of Singapore
A view of the Monetary Authority of Singapore building in Singapore April 18, 2016. Reuters.

The Monetary Authority of Singapore unveiled a raft of new initiatives to further the city’s push into financial technology, including a project to improve banks’ ability to detect money launderers and others on blacklists, and a tie-up with the Canadian central bank on cross-border payments.

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