Fintech / Regtech

AI Deepfakes: An Insidious Threat and Real Challenge for FIs

By Nithya Subramanian | 11/04/2024

As regulators in Asia-Pacific take a range of approaches to tackle deepfakes, the evolving nature of this threat requires continuous vigilance and proactive measures from FIs.

Fintech / Regtech

Chinese Authorities Issue New Directions to Enhance Payment Services

By Editors | 11/04/2024

The new measures require certain hotels and tourist attractions to accept domestic and overseas bank cards and cash, and offer foreign exchange services.

Fintech / Regtech

Philippines: NPLs at Digital Banks Continue to Rise

By Sanday Chongo Kabange | 10/04/2024

Only two of the Philippines’ six digital banks are currently profitable. Yet, while NPLs are rising, deposit growth is still strong.

Fintech / Regtech

China Unveils New Measures to Deepen MSME Credit Access

By Editors | 08/04/2024

Platforms in China that aggregate credit data will be integrated into a national network, where a centralised hub will be used to collect and share credit information with FIs.

Fintech / Regtech

FSC Korea Establishes “Future Response Finance Taskforce”

By Editors | 08/04/2024

The taskforce will work to address financial industry challenges associated with demographic changes, climate change, and technological advancements.

Fintech / Regtech

MAS Grants Major Payment Institution Licence to TerraPay

By Nithya Subramanian | 08/04/2024

The licence enables TerraPay to offer account issuance, money transfer, merchant acquisition, and e-money issuance services.

Fintech / Regtech

India Considers New Agency to Verify Online Lending Apps

By Ajoy K Das | 05/04/2024

The so-called “Digital India Trust Agency” would operate a public registry of digital loan apps that have been vetted for regulatory compliance.

Fintech / Regtech

FSC Korea Unveils Plans to Enhance ‘MyData’ Service

By Sanday Chongo Kabange | 05/04/2024

MyData 2.0 will expand data availability, promote usage, boost user convenience and ensure data protection, the FSC said.

Fintech / Regtech

FSS Korea to Use Naver’s AI Tech in Supervisory Work

By Editors | 04/04/2024

Under a new MoU, the FSS will be able to use Naver’s technologies to enhance its supervision, monitoring, and inspection activities.

Securities / Derivatives

Korea’s First ATS Platform to Launch in Q1 2025 – Report

By Editors | 04/04/2024

Over 20 securities firms have declared their intention to participate in Nextrade’s new ATS market, which was given preliminary approval last July.

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