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Andhra Pradesh, Singapore's MAS pact for financial services

Andhra Pradesh, Singapore's MAS pact for financial services
24 October 2016 Current Affairs: Andhra Pradesh government has signed an agreement with the Monetary Authority of Singapore (MAS) to promote innovation in financial services in their respective markets. 

Under the FinTech Cooperation Agreement, MAS and the state government will explore joint innovation projects on technologies such as digital payments and block-chain, collaborate on development of education programmes and curricula on fintech (financial technologies).

The Singapore's central bank (MAS) and the Andhra Pradesh government have also agreed to discuss emerging FinTech trends and exchange views on regulatory issues related to innovations in financial services. 

This agreement will pave way for greater FinTech collaboration between Singapore and Andhra Pradesh. We are looking to create a market place in India for FinTech solutions developed in Singapore.

The agreement would enable creation of a niche, first-of-its-kind ecosystem in Visakhapatnam that was emerging as the 'FinTech Valley of India'. 

The knowledge exchange between the startups in Singapore and Visakhapatnam will not only create high-quality job opportunities in FinTech but also help provide market access for implementation in both countries.


January 2017 Current affairs
20 JAN
NEWS
19 JAN
NEWS
18 JAN
NEWS
17 JAN
NEWS
16 JAN
NEWS
13 JAN
NEWS

December 2016 Current affairs
31 DEC
NEWS
30 DEC
NEWS
29 DEC
NEWS
28 DEC
NEWS
27 DEC
NEWS
26 DEC
NEWS




November 2016 Current affairs
30 NOV
NEWS
29 NOV
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28 NOV
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26 NOV
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25 NOV
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24 NOV
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October 2016 Current affairs
31 OCT
NEWS
27 OCT
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26 OCT
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25 OCT
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24 OCT
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22 OCT
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September 2016 Current affairs
30 SEP
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29 SEP
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28 SEP
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27 SEP
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26 SEP
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24 SEP
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