Fintech / Regtech

AML / KYC

Australia’s Digital ID Bill Passes House of Representatives

By Mark Johnston | 16/05/2024

The scheme will soon extend to state and territory governments, with the private sector to follow within two years.

Fintech / Regtech

Korean Banks & Cambodia to Jointly Develop QR Payment System

By Editors | 16/05/2024

The NBC signed MoUs with Korea’s JB Bank, Kookmin Bank and Woori Bank to develop the cross-border QR code payment system.

Crypto / Digital Assets

StanChart, Mastercard Complete PoC Involving Tokenised Carbon Credits

By Editors | 15/05/2024

Mastercard, StanChart, Mox Bank and Libeara are partnering to catalyse the adoption of tokenisation in financial assets.

Crypto / Digital Assets

Deutsche Bank Joins Singapore’s Project Guardian

By Nithya Subramanian | 15/05/2024

The bank will test an open architecture and interoperable blockchain platform to service tokenised and digital funds.

Securities / Derivatives

FCA Offers Recommendations on Avoiding Surveillance Failures

By Manesh Samtani | 14/05/2024

The FCA says failures of market abuse surveillance are often caused by faulty implementation, bugs, and incomplete data ingestion.

Fintech / Regtech

Mastercard Commences Bank Card Clearing Business in China

By Editors | 14/05/2024

Mastercard is the second overseas bank card clearing institution to start operating in China, after Amex in 2020.

Fintech / Regtech

FSC Korea Unveils Operation Plan for New ATS Market

By Manesh Samtani | 12/05/2024

The FSC will apply the best execution obligation to securities firms when Nextrade launches its new ATS platform in March 2025.

Fintech / Regtech

RBI Lifts Restrictions on Bank of Baroda Mobile App

By Ajoy K Das | 12/05/2024

The bank was barred from onboarding customers on its ‘BoB World’ app following misuse by employees.

Fintech / Regtech

China, France Commit to Jointly Address AI Risks

By Editors | 10/05/2024

The two countries jointly commit to promoting safe, secure, and reliable AI systems for the “common good”.