FINTECH / REGTECH

ESG / Sustainability

Climate Action Data Trust Unveils Data Dashboard Prototype

By Editors | 26/05/2023

The dashboard currently uses simulated data, but is intended to eventually link, aggregate, and harmonise all major carbon registry data.

Fintech / Regtech

PITCH! REGTECH: Drawing the Line Between RegTech and Frustrated Customers 

By Karen Ng | 25/05/2023

As they embark on the RegTech race, banks cannot ignore frustrated customers.

Fintech / Regtech

PITCH! REGTECH: Rising Digital Crimes Give Urgency to Fraud Detection 

By Karen Ng | 25/05/2023

The prevalence of digital crimes has given urgency to the need by banks to develop cutting-edge fraud detection systems, says DBS Bank’s head of legal & compliance Lam Chee Kin.

Capital / Liquidity

Regulatory Uncertainty a Key FRTB Implementation Challenge

By Manesh Samtani | 25/05/2023

Persistent regulatory timeline uncertainty is a primary implementation challenge of FRTB in APAC, Murex found in a survey of banks.

Fintech / Regtech

RBA Considers Banning ‘Default’ Route on Dual Network Cards

By Editors | 23/05/2023

The RBA had set an expectation that merchants would be offered least-cost routing by end-2022, but the industry did not meet this timeline.

Fintech / Regtech

Australia Confirms Plans to Regulate BNPL as Credit Products

By Editors | 23/05/2023

BNPL providers will be required to hold Australian Credit Licences and comply with Responsible Lending Obligations, among other requirements.

Fintech / Regtech

MAS Launches AI & Data Analytics Talent Development Programme

By Editors | 23/05/2023

MAS will work with the IBF, educational institutions and training providers to develop and co-curate training programmes to address a shortage of AIDA talent.

Crypto / Digital Assets

Indian Crypto Firms Call for UPI Access to be Restored

By Karen Ng | 22/05/2023

The calls for UPI access to be restored come after India’s government added virtual assets to the country’s Prevention of Money Laundering Act in March.

Fintech / Regtech

ASX Will No Longer Use Blockchain for CHESS Replacement System

By Mark Johnston | 22/05/2023

ASX said the rebuild will need to use “a more conventional technology” and no longer involve blockchain or DLT.