The Monetary Authority of Singapore also highlighted that the new scheme will continue to support the adoption of artificial intelligence and data analytics.
SINGAPORE, Aug. 7 (Xinhua) Monetary Authority of Singapore (MAS) on Monday announced that it will commit up to 150 million Singapore dollars (about 112.5 million U.S. dollars) over three years under the renewed Financial Sector Technology and Innovation Scheme (FSTI 3.0).
The Monetary Authority of Singapore (MAS) has pledged to invest up to S$150 million over the next three years to bolster technology and innovation within the financial sector.
The central bank of Singapore has announced it will be investing approximately $112 million USD to invest in technological innovation in finance. Those…
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