Fintech / Regtech

Fintech / Regtech

Korea to Provide Policy Finance Support for AI Development

By Editors | 04/07/2024

Korea Development Bank will provide KRW 3 trillion in low-interest rate loans to AI-related sectors and create a new “AI Korea Fund” worth KRW 500 billion.

Crypto / Digital Assets

Canton Network Launches Decentralised Interoperability Infrastructure

By Editors | 02/07/2024

The “Global Synchronizer” enhances interoperability on the Canton Network, which is designed to enable tokenisation and frictionless exchange of regulated financial assets and liabilities.

Fintech / Regtech

RBI Calls on Banks to Increase Vigilance Against Cyber Attacks

By Ajoy K Das | 02/07/2024

Banks have been directed to monitor network activities and server logs as well as keep close watch on critical payments systems.

ESG / Sustainability

Hong Kong Launches Green FinTech Support Scheme

By Manesh Samtani | 02/07/2024

The scheme aims to provide early-stage funding for green fintechs and ultimately improve sustainability reporting in Hong Kong.

Securities / Derivatives

ISDA Confirms Plans to Develop Industry Notices Hub

By Editors | 01/07/2024

ISDA received “strong support” for the plan and will now work with S&P Global Market Intelligence and Linklaters to build the platform.

Fintech / Regtech

RBI Cautions Against Tech-led Disruptions in Financial Systems

By Ajoy K Das | 01/07/2024

Cyber hazards, climate change and global spillovers offer challenges to financial stability, said the RBI governor.

Fintech / Regtech

RBI Working to Improve Data and AI Capabilities

By Ajoy K Das | 29/06/2024

A current focus for the RBI is on enhancing capacity in AI and machine learning techniques and analysing unstructured textual data.

Fintech / Regtech

Hong Kong’s FSDC Calls for Adoption of Digital ID System

By Sanday Chongo Kabange | 29/06/2024

The FSDC report recommends establishing a trust framework for the digital ID ecosystem and enabling interoperability through improved legal measures.

Crypto / Digital Assets

HKMA, BDF To Collaborate on Cross-border CBDC Experiments

By Sanday Chongo Kabange | 28/06/2024

The HKMA and BDF will collaborate on cross-border transfers and settlement of tokenised assets.