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MAS' fintech chief touts gains from digital infra buildout

Besides facilitating startups, foundational digital infrastructure facilitates simpler and better business frameworks, and offers social and financial gains, the Singapore regulator’s fintech head said.
MAS' fintech chief touts gains from digital infra buildout
Asia is at the forefront in establishing the three layers of inclusion needed for full digital integration — social, financial, and economic, according to Sopnendu Mohanty, chief fintech officer at the Monetary Authority of Singapore (MAS). The buildout of digital infrastructure in Asia is facilitating simpler and better business frameworks, he added. “All this infrastructure is great news for the [financial] industry, because that kind of ticks our boxes with that level of comp…
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