Singapore is the finance hub. Many innovative products are being launched with ease and care. Compliance measures of the Singapore Finance arena take care of the operations and constantly move the Finance Hub activities to innovate, create and improve. One of the fastest-growing areas within the country’s financial sector is modern payment services and the infrastructure to support them. The country is experiencing fast innovation in this segment with many wellfunded startups having been launched in Singapore. Payment Services Act 2019 addresses the statutory requirements and the governing regulation of Payment services. bps – Borderless payments have been our hallmark vision to start the company. We are white labeling our solutions with Payment Service Institutions (PSI) licensed to operate in Singapore. We started this service as Bank accounts for foreign-owned companies are increasingly challenging with traditional banks.
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