Cross-Border FinTech Collaborations Gain Traction

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In FinTech and FI collaborations, borders fall to bits and bytes.

On FinTech collaboration writ large, Singapore and Dubai are working together to encourage strides in digital payments and commerce done by mobile means.

The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) have signed onto efforts “that provide a framework for cooperation and referrals between the innovation teams of each authority.” The goal is to deliver financial services through emerging technology, said the entities.

As noted earlier this week, a range of projects will span digital payments offerings, as well as blockchain and Big Data initiatives. Those two countries, having signed a memorandum of understanding a decade ago, are part of the


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