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The Financial Authority of Singapore (MAS) will make investments as much as S$150 million ($111 million) in its Monetary Sector Know-how and Innovation Scheme (FSTI 3.0) to help tasks within the subject of cutting-edge applied sciences or options developed for the area. FSTI 3.0 will embrace three new tracks, together with enhanced mentoring for start-ups, a deal with environmentally, socially, and governance-focused fintech, and innovation pushed by rising applied sciences. This system has already pushed the adoption of expertise and innovation in Singapore’s monetary sector, and the newest initiative will deal with stimulating collaboration with business to attain additional advances.
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