National Bank of Hungary signs agreement with one of the world’s fintech powers
The National Bank of Hungary (NBH) on Wednesday signed a cooperation agreement with the Monetary Authority of Singapore (MAS) to strengthen cooperation in FinTech innovation between their countries.
The agreement lays out a framework for FinTech collaboration between both countries and establishes a referral mechanism to help FinTech companies access each other’s markets.
The NBH and MAS also committed to exchange views on FinTech trends in emerging markets as well as on regulatory issues on financial services innovation.
The agreement was signed at the World FinTech Festival in Budapest, held in partnership with the Singapore FinTech Festival 2020.
Read alsoRevolut launches Google Pay in Hungary
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
What happened today in Hungary? — 2 May, 2024
Outrageous: Teenager arrested for planning mosque attack in Hungary – VIDEO
You can now buy tickets for exhibitions and sightseeing tours on Wizz Air platforms!
March of the Living to be held in Budapest this Sunday
Unforeseen: Hungarian guest workers are leaving Austria – here is why
OECD sees the Hungarian economy gaining strength