.MAS_sg to restart e-KYC project
THE Monetary Authority of Singapore will restart its effort to launch a centralised electronic know-your-customer project, said its managing director Ravi Menon.
"We are taking another crack at it," said Mr Menon, at a press conference to launch the Bank for International Settlements' innovation hub in Singapore. "With the BIS innovation hub centre here, I think it's a wonderful opportunity to see how this... can dovetail with the work that the centre will be doing."
BIS has established one of its first innovation hubs outside of Switzerland in Singapore, with the hub to focus on public digital infrastructures and a platform connecting regulators to technology solutions at a start.The hub, launched on Wednesday at the sidelines of the Singapore FinTech Festival and Singapore Week of Innovation and TeCHnology conference, will work on setting up a framework for public digital infrastructures on identity, consent and data sharing.
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