Policymakers and regulators in several Southeast Asian countries are throwing their weight behind regional integration of retail payment systems, with Singapore leading the way on infrastructure tie-ups.
Finance ministers and central bankers from the region met on Friday to discuss progress on delivering a strategy for financial integration, stability and inclusion as part of the Association of Southeast Asian Nations (ASEAN) Economic Community Blueprint 2025.
Under Singapore’s new chairmanship, linking national payment systems will be a key focus for member states, along with bolstering cybersecurity and promoting fintech development.
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