FINTECH / REGTECH

Fintech / Regtech

Cambodia Launches Cross-Institutional Payment System for ATM, POS Services

By Editors | 13/07/2023

The Cambodian Shared Switch aims to enhance payment transactions through payment cards in Cambodia.

Big Picture

HKIMR Report Urges Focus on Financial Inclusion and Sustainable Innovation

By Editors | 13/07/2023

The report highlights the need for continuous investments in human capital and skills development to foster innovation.

Fintech / Regtech

Thailand Sets Up Central Fraud Registry

By Karen Ng | 12/07/2023

AI technology will be used, via the new registry, to help banks prevent suspicious accounts from completing fraudulent transactions.

Fintech / Regtech

NZ’s FMA Issues Proposal to Enhance Industry Operational, Cyber Resilience

By Editors | 12/07/2023

If a licensee experiences a significant disruption, they must promptly notify the FMA no later than 72 hours after the incident.

Fintech / Regtech

Cambodia Partners With UnionPay on QR Code Payments

By Sanday Chongo Kabange | 12/07/2023

KHQR users in Cambodia would be able to directly scan UnionPay QR codes in China within this year.

Enforcement

Singapore’s Cyber Security Agency Inks MOU in Cybercrime Fight

By Karen Ng | 11/07/2023

The Cyber Security Agency of Singapore aims to protect financial institutions against cybercrime through information sharing and preparation against cyber-attacks.

Crypto / Digital Assets

BIS Issues Security and Resilience Framework for CBDC Systems

By Manesh Samtani | 10/07/2023

The framework offers a seven step model to guide central banks in designing, implementing and operating secure and resilient CBDC systems.

Enforcement

China Marks End of Tech Crackdown With Ant Group Penalty

By Editors | 10/07/2023

Ant Group was fined CNY 7.1 billion. The PBOC and CSRC said they would shift focus to more “normalised supervision”.

Crypto / Digital Assets

NYIC, US Banks Conclude PoC to Test Digital Money Platform

By Editors | 09/07/2023

The PoC tested a theoretical CBDC and bank deposit tokens on a shared multi-entity distributed ledger to enable domestic and cross-border payments.