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The Monetary Authority of Singapore's $220m commitment explicitly targets frontier technologies, positioning AI and quantum computing as central pillars for scaling financial infrastructure rather than incidental features. By establishing dedicated tracks for AI adoption and quantum computing centers of excellence, the initiative directly addresses the deployment and integration needs of these specific technologies within the fintech ecosystem.
MAS commits $220m to deepen fintech innovation
The three-year programme will support frontier tech, and financial infrastructure. The Monetary Authority of Singapore (MAS) will commit $220m over three years to accelerate financial technology development and adoption under its renewed Financial Sector Technology and Innovation Scheme. The fourth iteration of…
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