Fintech / Regtech

Fintech / Regtech

Taiwan FSC Launches New Policy Communication Platform

By Nithya Subramanian | 12/08/2024

The platform will be used to promote open discussions on regulatory issues in the financial industry to enhance Taiwan’s global competitiveness.

Crypto / Digital Assets

Indonesia’s OJK Unveils Roadmap for Fintech, Digital Asset Development

By Nithya Subramanian | 12/08/2024

The roadmap aims to enhance regulation, supervision, and industry growth through a phased approach, promoting financial stability and inclusion.

Securities / Derivatives

Korean Securities Firms Under Fire Over US Trade Cancellations

By Manesh Samtani | 09/08/2024

A malfunction at Blue Ocean ATS, which provides connectivity to the US after-hours market, caused $457mn in trade cancellations for Korean investors.

Fintech / Regtech

BSP to Start Accepting New Digital Bank Applications in January

By Sanday Chongo Kabange | 09/08/2024

The BSP will lift the moratorium on granting new digital bank licences starting 1 January 2025. Only four new licences will be granted.

Fintech / Regtech

KRX Hires AI Firm to Develop Short-Selling Detection System

By Editors | 09/08/2024

KRX has signed a service contract with Conan Technology to develop its new short-selling detection system.

AML / KYC

Australia to Roll Out ‘Confirmation of Payee’ in Early 2025

By Sanday Chongo Kabange | 09/08/2024

SWIFT has been selected to develop a central matching service to underpin the ‘confirmation of payee’ services at Australian banks.

Fintech / Regtech

Google DeepMind Publishes Research on GenAI Misuse Tactics

By Nithya Subramanian | 09/08/2024

The researchers categorise GenAI misuse into two categories – exploitation of GenAI capabilities, and compromise of GenAI systems.

Fintech / Regtech

US Lawmakers Introduce Regulatory Sandbox Bill for AI

By Editors | 08/08/2024

The legislation would require the Fed, SEC, OCC, CFPB, FDIC, FHFA, and NCUA to establish regulatory sandboxes for AI experimentation.

Crypto / Digital Assets

Mox Becomes First HK Virtual Bank to Offer Crypto ETFs

By Sanday Chongo Kabange | 08/08/2024

Mox customers can invest in bitcoin and ether ETFs listed in Hong Kong and the US via the bank’s mobile app.