Andhra Pradesh and Singapore's MAS signed pact for financial services

The Andhra Pradesh Government today has signed an pact with the Monetary Authority of Singapore (MAS) to foster innovation in financial services in their respective markets.  Under the financial technologies Co-operation Agreement, MAS and the AP Government will scout joint innovation projects on technology such as digital payments and block-chain, ally on development of education programs and curricula on financial technologies, according to sources. The AP Government and MAS also agreed to discuss emerging technology trends and exchange views on regulatory issues related to innovations in financial services. The Pact was signed in the presence of Chief Minister N Chandrababu Naidu at his residence in Undavalli.