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MAS Grants Gemini In-Principle Approval for Crypto Payment License

Fintech News

Crypto exchange Gemini has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This approval allows Gemini to provide cross-border money transfer and digital payment token services in Singapore.

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Currencycloud Powers OPAL to Simplify Cross-Border Payments for SMEs

Fintech News

Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. OPAL, a neobank startup, has been steadily growing in the financial hub of Singapore since its inception in 2019.

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Simplifying Global Money Movement with Visa Cross-Border Solutions

Fintech News

In a recent interview, Rohit Narang, Vice President for the Asia-Pacific region at Visa Cross-Border Solutions, powered by Currencycloud, shared insights into the acquisition of Currencycloud by Visa, shedding light on the evolution of their collaboration and the impact it has had on global money movement.

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Cross Border Payments Singapore: How the Lion City is Poised to be Global Hub

Fintech News

With a highly skilled international workforce, long-established support for innovation and a well-developed reputation as a global finance hub, cross-border payments in Singapore have the makings of a global hub. These figures emphasize the high focus on cross-border payments in the domestic payment market.

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Tribe Payments Joins Forces With Finmo to Deliver Services to Banks and Fintechs in APAC and Europe

The Fintech Times

By partnering with Finmo, Tribe Payments will combine its issuer and acquirer processing platform with Finmos treasury and financial management system, which is licensed to move and manage money across 180 countries. Finmo holds a Major Payment Institution (MPI) licence from the Singaporean authorities.

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Currencycloud Facilitates Seamless Cross-Border Payments with Singapore MPI Licence

The Fintech Times

Currencycloud, a Visa solution, is granted preliminary approval for a major payment licence from the Monetary Authority of Singapore (MAS). Rohit Narang , managing director of APAC, Currencycloud said: “The IPA for a Major Payment Institution Licence is testament to the strength of the Currencycloud brand.

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Nuvei Secures Payments License from MAS to Expand Offerings in Singapore

Fintech News

Canadian payments firm Nuvei Corporation has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. The company that it will continue to invest in building its presence across APAC.