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Fintech / Regtech
PBOC to Establish Fintech Sandbox Links With Hong Kong, Macao
By Editors | 10/11/2023
The “network link-up” will provide a one-stop platform to facilitate cross-border fintech trials and strengthen supervisory cooperation.
Fintech / Regtech
RBI Report Highlights Growing Role of Fintech in Providing Credit
By Ajoy K Das | 09/11/2023
Regulation needs to be quick and nimble to promote access and growth while ensuring financial stability, the report says.
Fintech / Regtech
Singapore BNPL Code Enter Next Phase of Implementation
By Editors | 09/11/2023
Six BNPL providers will undergo audits over the next few months and have to become accredited by 31 March 2024.
Fintech / Regtech
eMPF –The Race to Optimise Operating Models
By Monik Harindran | 09/11/2023
Hong Kong’s eMPF project presents trustees with an opportunity to rethink operating models, says Monik Harindran.
Fintech / Regtech
Korea FSS Issues Guidance on Mitigating Technology Risks
By Editors | 09/11/2023
The guidelines are intended to improve the level of IT internal control in the financial industry and improve the resilience of individual firms.
Crypto / Digital Assets
HSBC to Launch Custody Service for Tokenised Securities
By Editors | 09/11/2023
The new digital assets custody service will launch in 2024, using custody infrastructure provided by Ripple-owned Metaco.
Fintech / Regtech
DBS to Strengthen In-House Software Engineering Team
By Editors | 08/11/2023
DBS chief Piyush Gupta said deeper engineering talent is needed in-house to troubleshoot software bugs such as those that caused this year’s service disruptions.
Fintech / Regtech
RBI Finalises New Master Directions on IT Governance
By Ajoy K Das | 08/11/2023
The master directions, effective from 1 April 2024, specify the IT governance responsibilities of the board and senior management.
Fintech / Regtech
Singapore’s OCBC Experiences 2.5 Hour Service Disruption
By Editors | 08/11/2023
In Singapore, banks are required to ensure that critical systems and services can be restored within four hours following an outage.
Fintech / Regtech
Singaporean Fintechs Expand into Australia with Project Lorikeet
By Mark Johnston | 07/11/2023
Four Singaporean fintech companies have successfully expanded into the Australian market through a joint initiative by SFA and Austrade.
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