Singapore Open Banking Integration
Integrate open banking into your Singapore crypto stack with controls mapped to MAS and MAS PSA. Block Intelligence delivers production-ready integrations, while independent legal partners manage licensing requirements.
Integration scope
Singapore · Open Banking Integration
| Jurisdiction | Singapore |
|---|---|
| Regulator | MAS |
| Integration | Open Banking Integration |
Software
Built-in integration controls
- PSD2 / open banking consent and account information API flows
- AIS/PIS orchestration with strong customer authentication (SCA)
- Account aggregation for neobank and payment gateway onboarding
- Webhook-driven payment status and mandate management
- Consent expiry, re-authorization, and data minimization controls
- Implement KYC and AML checks in real-time during transactions
- Ensure data privacy and security in compliance with Singapore regulations
- Facilitate seamless integration with local banking institutions
- Support for multiple payment methods to enhance user experience
More integrations
Other Singapore compliance integrations
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What is the MAS Payment Services Act?
- The MAS Payment Services Act regulates payment services in Singapore, including digital payment token services, to enhance consumer protection and promote financial stability.
- How does open banking integration benefit crypto platforms?
- Open banking integration allows crypto platforms to securely access customer bank data, facilitating seamless transactions and compliance with regulatory requirements.
- What are the compliance requirements for VASPs in Singapore?
- VASPs in Singapore must comply with the MAS PSA, including KYC, AML, and other regulatory obligations to ensure secure operations and protect users.
- Can Block Intelligence help with licensing for open banking?
- While Block Intelligence provides the technological integration, licensing must be handled by independent legal partners who specialize in regulatory compliance.