MAS seek public feedback on fintech & # 39; sandbox express & # 39;

<h2 class = "canvas-text canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "MAS seek public feedback on fintech & # 39; sandbox express & # 39;[[[[ChannelNewsAsia]"data-reactid =" 23 ">MAS seek public feedback on fintech & # 39; sandbox express & # 39; [ChannelNewsAsia]

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Monetary authority of Singapore (MAS) is looking for public feedback on the creation of a "sandbox express" that will accelerate the approvals for companies that undertake financial technology experiments (fintech), giving them faster access to the so-called sandboxes. "Data-reactid =" 24 "> The Monetary Authority of Singapore (MAS) is seeking public feedback on the creation of a" sandbox express "that will speed up the approvals for companies that undertake financial technology experiments (fintech ), giving them faster access to his so-called sandbox.

This, together with the move to set aside 35 million US dollars to help small financial operators exploit regulatory technology (RegTech), was announced Wednesday by Education Minister Ong Ye Kung at the Singapore Fintech Festival (November 14).

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "MAS was among the first to adopt" sandboxes regulators ", where companies with new fintech ideas can test them in a freely regulated environment and content with real customers before releasing them publicly.
Describing it as a learning experience both for the financial regulatory body and for the companies involved, Ong said that the MAS will expand on this approach by creating a "sandbox express". "Data-reactid =" 26 "> MAS was among the first to adopt" regulatory sandboxes ", where companies with new fintech ideas can test them in a freely regulated and content environment with real customers before releasing them publicly.
Describing it as a learning experience both for the financial regulatory body and for the companies involved, Ong said that the MAS will expand on this approach by creating an "express sandbox".

<h2 class = "canvas-text canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Canaan cryptocurrency miner leaves Hong Kong's IPO to expire[[[[Reuters]"data-reactid =" 27 ">Canaan cryptocurrency miner leaves Hong Kong's IPO to expire [Reuters]

Canaan Inc, one of the world's leading producers of cryptocurrent extraction machines, has left its candidacy for a Hong Kong IPO of at least $ 400 million, questioning the prospects of other Chinese mining equipment manufacturers bitcoin.

The candidature of Canaan expired Thursday six months after its presentation, the website of the Hong Kong Stock Exchange showed, between the optimism in the sector despite the regulatory uncertainty and a falling bitcoin price.

The Canaan, based in Hangzhou, had targeted at least $ 400 million, down from a value of up to $ 2 billion, touted at the beginning of the year by the people involved in the deal.

<h2 class = "canvas-text canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "IBM Thailand will work with the Thai central bank to expand the blockchain technology[[[[BitcoinExchangeGuide] "data-reactid =" 31 ">IBM Thailand will work with the Thai central bank to expand the blockchain technology [BitcoinExchangeGuide]

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "In a recent post shared by a news outlet, Bangkok PostIt has been unveiled that IBM's commercial, financial and technology services provider, or its subsidiary in Thailand, has announced plans to expand into the AI ​​and blockchain business. The reason for this decision, in addition to the fact that technology has reformed the way in which society does things, has been considered a springboard for the strengthening of companies. "Data-reactid =" 32 "> In a recent post shared by news, Bangkok PostIt has been unveiled that IBM's commercial, financial and technology services provider, or its subsidiary in Thailand, has announced plans to expand into the AI ​​and blockchain business. The reason for this decision, in addition to the fact that technology has reformed the way society does things, has been considered as a first step towards improving companies.

According to the managing director of IBM Thai, Patama Chantaruck, the growth of Thailand can be traced back to "innovation and technology", adding that IBM has focused on the development of the IA for a large part of its existence – with 16,000 Watson customers in over 80 countries.

Due to the popularity and the interest that technology has attracted from its very existence, Ms. Patama shared that IBM Thai will evolve in such a way as to act as a "sales center" in Thai for other locations like Cambodia , Laos and Myanmar.

<h2 class = "canvas-text canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The India-Singapore hackathon platform would stimulate technology, innovation: the Indian premier[[[[TimesNowNews]"data-reactid =" 35 ">The India-Singapore hackathon platform would stimulate technology, innovation: the Indian premier [TimesNowNews]

Presenting the awards to the six winners of the first India-Singapore Hackathon here on Thursday, Indian Prime Minister Narendra Modi said the platform will increase technology, innovation and youthful power. The first six teams, three each from India and Singapore, were chosen after a final pitching session.

The winning teams from India came from the Indian Institute of Technology Kharagpur (IIT Kharagpur), the National Institute of Technology, the Tiruchirappalli (NIT Trichy) and the MIT College of Engineering, Pune. Among the winning teams in Singapore were Nanyang Technological University (NTU) and Singapore University of Technology and Design (SUTD).

"Platforms like the Singapore-India Hackathon offer excellent opportunities for our young people to show off their work, they also serve as a forum for learning about pioneering innovations of young people from other nations and institutions – a victory for our students!" called Modi.

<h2 class = "canvas-text canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "CarToq acquires the foodtech platform Ketchupp & nbsp;[press release]"data-reactid =" 39 ">CarToq acquires the foodtech Ketchupp platform [press release]

CarToq, an online automotive platform, has acquired Ketchupp, a search engine and food technology search engine based in Delhi for online food ordering.

This agreement will see Ketchupp's key resources, including its employees, the technological know-how and existing partnerships absorbed by CarToq.

Posting CarToq's acqui-hire, Ketchupp will leverage its branded capabilities to offer large-scale solutions to automotive OEMs. The enhanced CarToq team will aggressively distribute new offers in branded solutions, including a new content engine that will help brands to formulate content-based marketing strategies and online content consumption patterns.

The story continues