MAS strengthens fintech co-operation with Ghana and Hungary

Agreements will help connect SMEs and foster discussions around regulation and emerging trends

cooperation

The Monetary Authority of Singapore has agreed to co-operate more closely with its counterparts in Ghana and Hungary on fintech activities.

In a statement on December 8, the MAS and Bank of Ghana said they would adopt a “business sans borders” open hub platform that will allow small businesses to connect more easily with one another.

It will also include “innovative fintech and digital tools to help each SME seamlessly complete its regular business needs”, the statement said.

The platform

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