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MAS joins Mojaloop Foundation
Source: Mojaloop Foundation The Monetary Authority of Singapore (MAS) and the Mojaloop Foundation announced today that MAS is joining the Mojaloop Foundation as a Sponsor-level member to collaborate on providing the underserved access to affordable financial services through digital currency based settlement systems and foundational digital infrastructure. MAS is the first central bank to join the Mojaloop Foundation.
The Mojaloop Foundation seeks to improve through financial inclusion the economic well-being of the 1.7 billion unbanked adults in the world. Mojaloop s open-source software serves as a blueprint for organisations to build interoperable digital payment systems, and enable digital financial services for all.
<p><span>The <a href="http://www.mas.gov.sg/" target=" blank" class="mas-link"><span class="mas-link text">Monetary Authority of Singapore (MAS)</span> <span class="mas-icon mas-glyphs-external link"></span></a> and the Mojaloop Foundation announced today that MAS is joining <a href="https://mojaloop.io/" target=" blank" class="mas-link"><span class="mas-link text">the Mojaloop Foundation</span> <span class="mas-icon mas-glyphs-external link"></span></a> as a Sponsor-level member to collaborate on providing the underserved access to affordable financial services through digital currency based settlement systems and foundational digital infrastructure</span><span>. MAS is the first central bank to join the Mojaloop Foundation.</span>