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Fintech / Regtech
Six Korean Banks to Jointly Launch Digital ID Verification Service
By Nithya Subramanian | 24/05/2025
An interconnected digital identity verification service will allow customers to use a single certificate across multiple mobile banking apps.

Crypto / Digital Assets
Stablecoins Offer Faster, Cheaper Cross-border Payments: BAFT Paper
By Manesh Samtani | 24/05/2025
BAFT paper says FIs should explore strategies for adopting or integrating stablecoins into existing operations.

Fintech / Regtech
Korea Moves to Create New Cyber Threat Monitoring System
By Thisanka Siripala | 23/05/2025
The new platform will streamline cyber threat intelligence sharing and enhance digital monitoring across the financial sector.

AML / KYC
GLEIF and Finternet Lab Partner on Digital Identity Infrastructure
By Editors | 23/05/2025
GLEIF and Finternet Lab are collaborating to advance trusted, interoperable digital identity and transaction systems.

Fintech / Regtech
HKMA Links Commercial Data Interchange to Land Registry
By Sanday Chongo Kabange | 22/05/2025
The linkage allows banks to search land and ownership information for property valuation, mortgage and loan assessments.

ESG / Sustainability
Gprnt Launches Nationwide Utility for Sustainability Reporting
By Nithya Subramanian | 22/05/2025
SMEs can automatically convert utilities data into key sustainability indicators such as Scope 1 and 2 emissions, at no additional cost.

Fintech / Regtech
BSP Delays Rollout of FX Reporting System to Mid 2026
By Nithya Subramanian | 22/05/2025
Full implementation of the new ITRS has been deferred to allow time to “address emerging technical and report-related concerns”

Fintech / Regtech
Korean Insurance Agencies Suffer Data Breach, FSS Finds
By Nithya Subramanian | 22/05/2025
Two GAs experienced major data leaks. The breach was detected when hackers attempted to sell stolen information on the dark web.

Crypto / Digital Assets
Hong Kong Legislative Council Passes Stablecoin Ordinance
By Sanday Chongo Kabange | 21/05/2025
The ordinance, set to take effect later this year, will require issuers of fiat-referenced stablecoins to be licensed by HKMA to be offered in Hong Kong.

Big Picture
FS-ISAC Outlines Cyber Threats Facing FIs in 2025
By Manesh Samtani | 20/05/2025
New report highlights growing cyber threats facing the financial sector, driven by emerging technologies, scam networks, and geopolitical instability.
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