GFTN will continue to operate as a not-for-profit, and will work with the MAS on industry and policy dialogues in the areas of payments, asset tokenisation and AI/quantum.
The Monetary Authority of Singapore (MAS) has appointed its ex-managing director Ravi Menon as the chairman of a new entity focused on growing Singapore's fintech ecosystem with the global community.
Called the Global Finance & Technology Network (GFTN), the entity “replaces and builds upon” Elevandi, the non-profit organisation set up by MAS in 2021 to organise and globalise the Singapore Fintech Festival (SFF).
