Fintech / Regtech

Fintech / Regtech

BIS Launches New AI & Data Project to Gain Economic Insights

By Editors | 25/03/2024

Project Neo aims to address the loss of effectiveness in decision-making as a result of delays and a lack of detail in official macroeconomic statistics.

AML / KYC

Achieving Effectiveness in AML is a Shared Mission: HKMA’s Carmen Chu

By Bradley Maclean | 25/03/2024

Ms Carmen Chu discusses Hong Kong’s threat landscape, HKMA’s efforts to improve industry effectiveness, and key messages for FIs on collaboration and the use of technology.

Big Picture

New Mediums of Exchange Will Add to HK’s GDP: Report

By Manesh Samtani | 25/03/2024

BCG, DLA Piper, HKT Payment Limited, paywith.glass, VSFG and ZA Bank say CBDC, tokenised deposits and stablecoins will add HK$160bn to Hong Kong’s GDP by 2032.

Fintech / Regtech

Vietnam Central Bank Proposes to Introduce Regulatory Sandbox

By Sanday Chongo Kabange | 22/03/2024

The SBV will develop a fintech regulatory sandbox fintech for innovations relating credit scoring, open API and P2P lending.

Fintech / Regtech

HSBC Offers Boost to Hong Kong Fintech Ecosystem

By Sanday Chongo Kabange | 21/03/2024

The Hong Kong Science and Technology Parks Corporation has signed a three-year strategic partnership with HSBC.

Fintech / Regtech

Thailand Opens Applications for Virtual Bank Licences

By Editors | 21/03/2024

True Corp, Gulf Energy Development and Siam Commercial Bank’s holding company are among those planning to apply for a licence.

Crypto / Digital Assets

Hong Kong: Prototype Created to Issue Electronic Bills of Lading

By Manesh Samtani | 21/03/2024

The eBL prototype, developed by GSBN and Ant Group,  is being used in the HKMA’s wholesale CBDC sandbox project.

Crypto / Digital Assets

OECD Assesses DeFi’s Role in ASEAN to Promote Financial Inclusion

By Manesh Samtani | 20/03/2024

Innovation associated with DeFi, provided in a regulated and compliant form, could offer possible financial inclusion benefits such as in MSME financing.

Crypto / Digital Assets

Grab Introduces Crypto Payments for Singapore Customers

By Ranamita Chakraborty | 20/03/2024

Grab’s new partnership with payments provider Triple-A allows it to offer wallet top-up option using Bitcoin, Ether, XSGD, USDC, and USDT.