Fintech / Regtech

Fintech / Regtech

BNM Revises Regulatory Framework for Electronic Money Issuers

By Nithya Subramanian | 04/02/2025

BNM said the revisions will help enhance safety, reliability, and public confidence in e-money and digital payment solutions.

Fintech / Regtech

First Set of Rules Under the EU AI Act Enter into Force

By Nithya Subramanian | 04/02/2025

The rules cover key definitions, AI literacy requirements, and a limited set of prohibited AI use cases deemed to pose unacceptable risks.

AML / KYC

Big Four Australian Banks Start Using ConnectID System

By Thisanka Siripala | 04/02/2025

Over 10 million customers will be able to verify their identities using ConnectID without sharing unnecessary personal information

Crypto / Digital Assets

Thai SEC Aiming to Fully Digitalise Bond Trading Using DLT

By Mark Johnston | 04/02/2025

The SEC plans to issue new regulations to facilitate the issuance of electronic securities and online trading of tokenised debt securities

Crypto / Digital Assets

Thailand to Pilot THB-Pegged Stablecoin in Regulatory Sandbox

By Nithya Subramanian | 03/02/2025

The stablecoin will be backed by THB 10 billion in government bonds to ensure price stability and prevent currency market fluctuations

Fintech / Regtech

HKMA Develops AI-Powered Sentiment Tracker for Mainland Property Market

By Manesh Samtani | 03/02/2025

The GenAI-driven sentiment index, which uses Chinese social media data, is able to act as a leading indicator for Mainland property sales

Fintech / Regtech

RBI Tightens Penalties Framework for Payment System Offences

By Nithya Subramanian | 01/02/2025

The framework includes monetary penalties and compounding offences to tighten compliance in the digital payments sector.

Enforcement

US Suspects Sanctions Circumvention by Chinese AI Firm DeepSeek

By Manesh Samtani | 31/01/2025

US authorities investigating whether Deepseek bypassed US export controls and whether Singapore served as an intermediary for restricted Nvidia chip shipments

Fintech / Regtech

China UnionPay to Enable QR Payments Connectivity for Indonesia

By Editors | 29/01/2025

Indonesia is UnionPay’s fourth country-level cross-border QR payment project in the Southeast Asian market after Cambodia, Vietnam and Laos.