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The Monetary Authority of Singapore (MAS) has looked to overhaul and propagate a series of changes to its electronic payments regime in Singapore, leading to the publication of a new strategy tapped, “Singapore Payments Roadmap”, according to a MAS statement.
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Electronic payments have become an integral part of the financial services realm, with a large emphasis in other channels such as e-commerce. The decision by MAS to promote a broader roadmap and collective clarification helps foster more safe, transparent, and healthy payments utilized by businesses ... (read more)