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MAS inks deal with IFC to boost regional connectivity, fintech innovation

The Monetary Authority of Singapore (MAS) has signed an agreement with the International Finance Corporation (IFC) aimed at developing the region’s fintech ecosystem. The partnership, called the ASEAN Financial Innovation Network (AFIN), seeks to facilitate fintech innovation and development, and to address issues of connectivity and cross-border compatibility, according to a statement issued by MAS. AFIN also plans to create…

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