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MAS a strong supporter of fintech: Ong Ye Kung

He says the central bank urges financial institutions to compete, collaborate and innovate with newer players

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The Monetary Authority of Singapore (MAS) does not have to choose between financial institutions (FIs) and new players in the financial technology (fintech) industry, a board member of the central bank said on Monday.

Singapore

THE Monetary Authority of Singapore (MAS) does not have to choose between financial institutions (FIs) and new players in the financial technology (fintech) industry, a board member of the central bank said on Monday.

Ong Ye Kung, who is Education Minister (Higher

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