December 19, 2017 | Israel’s City TLV group and the Singapore FinTech Association (SFA) have signed a memorandum of understanding for greater fintech cooperation between the two non-profit organizations, the global fintech community Finextra reports. The MOU focuses building global business opportunities for the two communities, with the purpose of innovation development and the exchange of new technology-related ideas and goals. City TLV says it “aims to implement the agreement into all relevant organization in Israel,” including Fintech Aviv, The Floor, and the Israel Export Institute, said President of City TLV Shmuel Ben-Tovim. SFA President Chia Hock Lai also praised the agreement. City TLV is a non-governmental organization working to promote Tel Aviv as an international financial center.