The Monetary Authority of Singapore on Monday said integration of India's Unified Payment Interface (UPI) and equivalent network in Singapore, known as PayNow, will begin anytime soon, which in turn will reduce the remittance cost by 10 per cent.
In June 2021, the John F. Kennedy School of Government at Harvard University and the digital transformation consultancy Public Digital hosted the fourth annual Digital Services Convening. The goal of this convening was to accelerate the digital transformation of governments across the world by creating a space where practitioners could learn lessons from each other, share their experiences, and discuss best practices. Like last year, this year’s convening was held virtually.