Fintech / Regtech

Fintech / Regtech

China UnionPay Launches Project to Optimise Payment Services

By Editors | 18/03/2024

China UnionPay will spend CNY 3 billion on acceptance terminal upgrades, signage placement and publicity in key cities.

ESG / Sustainability

UNDP, MAS, GLEIF Launch Whitepaper on Project Savannah

By Ranamita Chakraborty | 18/03/2024

The whitepaper details Project Savannah’s goals and strategy for empowering MSMEs in sustainability reporting through three key pillars.

Fintech / Regtech

HKMA Launches Second Phase of e-HKD Testing

By Sanday Chongo Kabange | 15/03/2024

Phase 2 will focus on programmability, tokenisation and atomic settlement, leveraging the ‘Project Ensemble’ sandbox.

ESG / Sustainability

BIS Project to Address Scarcity of Scope 3 Data

By Manesh Samtani | 15/03/2024

Project Symbiosis aims to address the lack of comprehensive emissions data from SMEs that are part of larger supply chains.

Fintech / Regtech

Artificial Intelligence Act Passed by European Parliament

By Mark Johnston | 15/03/2024

Members of Parliament voted to adopt the final text of the EU AI Act, which will seek to promote AI innovation while also defending against risks.

AML / KYC

GCFFC Offers Guidance on Using AI to Fight Financial Crime

By Manesh Samtani | 15/03/2024

The guidance describes how FIs are using AI to fight financial crime and identifies opportunities to improve AML/CFT effectiveness.

Fintech / Regtech

PBOC Releases Payment Services Guide for Foreign Visitors

By Editors | 14/03/2024

The guide introduces and provides instructions on a variety of payment methods available to foreigners in China.

AML / KYC

Use of AI for AML Could Lower Effectiveness: Report

By Bradley Maclean | 14/03/2024

A new report from NICE Actimize and Regulation Asia sheds light on APAC’s use of technology to fight financial crime.

Fintech / Regtech

JPX Launches AI Service for TSE Company Insights

By Mark Johnston | 13/03/2024

JPX has unveiled a new AI service that can provide more detailed insights into Tokyo Stock Exchange listings.