FINTECH / REGTECH

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    Fintech / Regtech

    RBI Allows Five MSME Lending Products to Exit Sandbox

    By Ajoy K Das | 31/10/2023

    Regulated entities are allowed to adopt the MSME lending products. The RBI also opened applications for its fifth sandbox cohort, which is “theme neutral”.

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    Fintech / Regtech

    Citi to Provide GenAI Tools to 40,000 Coders Across the Bank

    By Editors | 31/10/2023

    Citi used generative AI to analyse 1,089 pages of new capital rules proposed by US regulators in July. Over 350 other use cases have been proposed.

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    Crypto / Digital Assets

    ANNA Issues First Set of ISINs for Crypto Assets

    By Manesh Samtani | 31/10/2023

    Crypto assets with a registered DTI can now also be issued an ISIN. Currently, there are already 108 ISIN–DTI pairs.

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    Fintech / Regtech

    Integration of AI, Fintech, ESG Gets Underway 

    By Jill Wong | 31/10/2023

    The financial industry is accelerating its interest around three main themes – fintech, ESG and AI.

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    Fintech / Regtech

    White House Issues Executive Order to Regulate AI

    By Sanday Chongo Kabange | 31/10/2023

    The executive order sets out new standards for AI safety and requirements for developers and users of AI systems.

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    Fintech / Regtech

    G7 Nations Agree on Code of Conduct for AI Systems

    By Editors | 31/10/2023

    The code of conduct for AI developers seeks to promote the development of “secure and trustworthy” AI systems internationally.

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    Fintech / Regtech

    RBI Amends Account Aggregator Framework to Promote Reciprocal Data Sharing

    By Ajoy K Das | 31/10/2023

    The RBI said some NBFCs enrolled only to access financial information from other firms without sharing their own financial information.

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    Fintech / Regtech

    BondbloX Opens Fractional Bond Trading Platform to Individual Investors

    By Editors | 31/10/2023

    Until now, only accredited and institutional investors have been allowed to access the BondbloX Bond Exchange platform.

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    Enforcement

    Bank of England and FCA Consider Avoiding Regulatory Definition for AI

    By Editors | 31/10/2023

    Following industry feedback on the role of AI in finance, UK regulators to address wide ranging concerns including data regulation.

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    Fintech / Regtech

    Hong Kong FSTB Launches GBA Fintech Internship Scheme

    By Editors | 31/10/2023

    The scheme aims to nurture fintech talent by allowing post-secondary students to gain practical experience at fintech firms across the Greater Bay Area.

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