The three-year programme will support frontier technologies, financial infrastructure and at least 1,000 internships.
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 the programme, known as FSTI 4.0, will support financial institutions and fintech firms in developing, deploying and scaling new solutions.
Its priorities include artificial intelligence, distributed ledger technology, quantum technology and digital assets.
The scheme will operate through six tracks covering manpower, institutional projects, AI adoption, infrastructure and platforms, centres of excellence, and fintech awards.
Read Full Article At Source
