FinTech in Banking

Getting Started

Banks

If you want to contact the banks' innovation labs, click here.

Licence

If your institution takes deposits, apply for the relevant licence here.

Sandbox

If you want to experiment in a sandbox, click here.

MAS Initiatives

Machine Learning and Natural Language Processing to Optimise Screening

With support from the MAS Financial Sector Technology & Innovation grant scheme, Standard Chartered partnered with Silent Eight to develop a “Screening Optimisation” solution that applies machine learning and natural language processing techniques to replicate how a human analyst would do name screening.

Full Case Management Tool to Manage End-to-End Customer Onboarding Process

Cynopsis Solutions, one of the finalists of 2018 MAS FinTech Awards, has developed Artemis, a simple, cost-effective one-stop automation of complex regulatory requirements on KYC/AML/CTF.

Facial Recognition at ATMs for Cash Withdrawal

OCBC worked with Finda to experiment using facial recognition technology as a proof-of concept under the MAS Financial Sector Technology & Innovation grant scheme for customer verification at ATMs to reduce the risk of fraud in developing countries.