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Fintech / Regtech
Singapore to Launch Scam Loss Sharing Framework in December
By Nithya Subramanian | 25/10/2024
FIs have five duties under the framework, including a newly added requirement to implement real-time fraud surveillance.

Fintech / Regtech
Korea to Conduct Cybersecurity Exercise for Non-bank Financial Firms
By Manesh Samtani | 25/10/2024
A blinded cybersecurity exercise using white-hat hackers will be conducted to test the response capabilities of securities, insurance, and card companies.

Fintech / Regtech
SFC Extends Parallel Run Period for New e-IP Platform
By Manesh Samtani | 25/10/2024
The SFC said the extension is to facilitate user experience enhancements on the new application and submission system for investment products.

Fintech / Regtech
Australia Issues Framework for Addressing Real-world Impacts of AI
By Thisanka Siripala | 24/10/2024
The AI Impact Navigator aims to assist businesses in measuring, managing, and reporting the real-world impacts of their AI systems.

Fintech / Regtech
Australia Launches Cyber Resilience Service for Small Businesses
By Thisanka Siripala | 24/10/2024
The service, operated by IDCARE, will offer one‑on‑one assistance to help small businesses navigate cyber challenges and bolster their cyber resilience.

Fintech / Regtech
US CFPB Finalises Open Banking Rule, Giving Consumers Control Over Data
By Nithya Subramanian | 24/10/2024
The new rule aims to promote competition, improve services, and enhance privacy protections for consumers, but some banking groups have challenged it.

Fintech / Regtech
Hong Kong Digital Banks Gaining Public Trust and Adoption: HKAB
By Mark Johnston | 24/10/2024
A recent survey by the Hong Kong Association of Banks reveals a surge in public trust and awareness of digital banks in the city.

Fintech / Regtech
HKMA Launches Developer Platform for IADS Initiative
By Manesh Samtani | 24/10/2024
The platform provides test data and simulated APIs to facilitate collaboration between banks and tech firms to develop data-driven products and services.

Fintech / Regtech
SFC to Consider Recommendations on Streamlining Workflows
By Manesh Samtani | 24/10/2024
In response to the latest report from the Process Review Panel, the SFC said it would explore expanding WINGS to the Corporate Finance Division.

Fintech / Regtech
Australia DTA Releases Results of GenAI Trials in Government
By Sanday Chongo Kabange | 24/10/2024
The DTA says the insights obtained from the trial will inform the ongoing safe and responsible adoption of GenAI across the Australian public service.
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