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Fintech / Regtech
Cambodia, Thailand Launch Second Phase of QR Payments Link.
By Editors | 07/06/2023
Thais visiting Cambodia can use their mobile banking apps to make cashless payments by scanning KHQR codes displayed by merchants.
Crypto / Digital Assets
Philippine SEC Delayed Roll-out of Crypto Rules Last Year Due to FTX
By Sanday Chongo Kabange | 07/06/2023
The SEC was ready to issue a new regulatory framework for crypto assets late last year, but decided to delay its release to incorporate lessons from the FTX collapse.
Big Picture
Banks Increasingly Expected to Prevent Misconduct – Report
By Manesh Samtani | 07/06/2023
New report from Starling says outcomes-based regulation, culture initiatives, data science and technology can help enhance culture and conduct risk management in the banking industry.
ESG / Sustainability
Climate Action Data Trust Establishes 20-Member User Forum
By Ranamita Chakraborty | 07/06/2023
The forum brings together practitioners and data users to advise on technical, policy, and business matters to enhance access to carbon registry data.
Fintech / Regtech
Stanchart, PwC Examine CBDC Opportunities in GBA
By Sanday Chongo Kabange | 06/06/2023
The paper says the GBA is an ideal launch pad for CBDC pilots given its use of three different currencies and monetary authorities.
Fintech / Regtech
Unprecedented: First Data Trading Involving Personal Data in China
By Sherry Gong | 06/06/2023
Hogan Lovells partners Sherry Gong and Tommy Liu draw lessons from the first case of floor trading of personal data in China.
Fintech / Regtech
BIS Proves Viability of Quantum-Safe Financial System
By Editors | 06/06/2023
Project Leap involved the design and deployment of a secure communication channel to protect financial data against future threats from quantum computers.
Fintech / Regtech
SFC Chief Calls for Strong AI Governance at Licensed Firms
By Ranamita Chakraborty | 06/06/2023
The SFC will hold licensed firms responsible for conduct breaches involving AI, Julia Leung said at an HKIFA conference.
Fintech / Regtech
RBI Consults on Cyber Resilience Guidelines for Payment System Operators
By Sanday Chongo Kabange | 06/06/2023
The draft guidelines are intended to help non-bank payment system operators mitigate emerging cyber security risks.
Market Infrastructure
Sri Lanka, Nepal to Link Payment Networks LankaPay and Fonepay
By Sanday Chongo Kabange | 06/06/2023
The payment link will enable Sri Lankan and Nepali citizens to make merchant payments in each other’s country using a mobile-based QR code.
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