Fintech / Regtech

Fintech / Regtech

BigTech Integration in Finance Poses Challenges: RBI Report

By Ajoy K Das | 03/08/2024

RBI report discusses BigTech in financial services, financial sector digitalisation, international payments initiatives and India’s CBDC.

Enforcement

Amendments to MSB Law Take Effect in Malaysia

By Nithya Subramanian | 02/08/2024

The amendments strengthen BNM’s ability to take enforcement action against unauthorised money services business activities.

Fintech / Regtech

India: Ransomware Attack Disrupts Services at Nearly 300 Banks

By Ajoy K Das | 01/08/2024

The attack affected C-Edge Technologies, a TCS and SBI joint venture that provides technology services to small banks across India.

ESG / Sustainability

DBS, Deloitte Launch Tool to Help SMEs Close Decarbonisation Gaps

By Ranamita Chakraborty | 01/08/2024

The new sustainability solution aligns with the TCFD framework and helps Singapore SMEs meet their reporting obligations more effectively.

Fintech / Regtech

RBI Issues New Anti-Fraud Rules for Non-bank Payment Systems

By Ajoy K Das | 01/08/2024

The new master direction includes requirements to establish real-time fraud monitoring solutions and multi-factor authentication for all payment transactions.

Fintech / Regtech

BSP Amends Guidelines for Payments Settlement Systems

By Sanday Chongo Kabange | 01/08/2024

The BSP said the revised guidelines provide operational flexibility to ACHs under the NRPS framework namely InstaPay and PESONet.

Crypto / Digital Assets

BIS Develops Prototype Monitoring Platform for Stablecoins

By Manesh Samtani | 01/08/2024

The Pyxtrial platform provides near real time data about stablecoins’ balance sheets, enabling a more efficient and responsive monitoring process for supervisors.

Fintech / Regtech

RBNZ Explores New Techniques for Monitoring Financial Stability

By Sanday Chongo Kabange | 01/08/2024

The RBNZ is exploring the use of news sentiment as an indicator of financial stress, and macroeconomic conditions to forecast future NPLs.

Fintech / Regtech

Australian Treasury Publishes Digital and Cyber Security Strategy

By Sanday Chongo Kabange | 31/07/2024

The strategy focuses on four areas to ensure Treasury’s information and systems are secure, resilient, responsive, and fit-for-purpose.