FINTECH / REGTECH

Crypto / Digital Assets

BIS Innovation Hub Concludes Project Mariana Trials

By Editors | 29/09/2023

The project explored the use of DeFi automated market makers for the cross-border exchange of CBDC in different currencies.

Fintech / Regtech

How Should Financial Institutions Govern AI Usage?

By Ranamita Chakraborty | 28/09/2023

Ying Yi Liew from Baker McKenzie Wong & Leow discusses AI governance considerations for financial institutions in Singapore at the recent TechLaw.Fest.

Fintech / Regtech

HKEX Confirms Launch Date for New IPO Settlement Platform

By Editors | 28/09/2023

The new platform, FINI, will shorten the time between the pricing of an IPO and the trading of shares from T+5 to T+2.

Fintech / Regtech

DBS, UOB Add Anti-Malware Feature to Banking Apps

By Editors | 28/09/2023

Last month, OCBC became the first Singapore bank to introduce the new security feature. Citi, DBS and UOB have now also added the feature.

Fintech / Regtech

BOT Draws Lessons on Virtual Banks from Korea

By Editors | 27/09/2023

FSC vice chairman Kim So-young said Korean firms should try to obtain licences under Thailand’s virtual banks framework, which will be finalised in H2 2023,

Fintech / Regtech

HKMA Pushes for Greater Use of FPS for Business Payments

By Editors | 27/09/2023

For October, banks and SFV operators won’t have to pay settlement fees when using the FPS for payments from corporates and merchants.

Fintech / Regtech

FSC Korea to Expand Loan Switching Platform to More Loan Types

By Editors | 26/09/2023

The online loan transfer system launched in May for credit loans will become available for mortgage loans for apartments and jeonse loans for all housing types.

Big Picture

WEF Paper Proposes Four Actions to Enhance Cross-Border Payments

By Mark Johnston | 26/09/2023

The paper says improving regulatory interoperability can improve the efficiency, security and inclusiveness of cross-border payments, benefiting businesses and individuals.

Fintech / Regtech

Data Protection in Focus as AI Usage Grows

By Jill Wong | 25/09/2023

AI usage has cast a spotlight on the importance of personal data protection, says Yeong Zee Kin, the newly-appointed CEO of the Singapore Academy of Law.