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Fintech / Regtech
HKEX Confirms Launch Date for New IPO Settlement Platform
By Editors | 28/09/2023
The new platform, FINI, will shorten the time between the pricing of an IPO and the trading of shares from T+5 to T+2.
Fintech / Regtech
DBS, UOB Add Anti-Malware Feature to Banking Apps
By Editors | 28/09/2023
Last month, OCBC became the first Singapore bank to introduce the new security feature. Citi, DBS and UOB have now also added the feature.
Fintech / Regtech
BOT Draws Lessons on Virtual Banks from Korea
By Editors | 27/09/2023
FSC vice chairman Kim So-young said Korean firms should try to obtain licences under Thailand’s virtual banks framework, which will be finalised in H2 2023,
Fintech / Regtech
HKMA Pushes for Greater Use of FPS for Business Payments
By Editors | 27/09/2023
For October, banks and SFV operators won’t have to pay settlement fees when using the FPS for payments from corporates and merchants.
Fintech / Regtech
FSC Korea to Expand Loan Switching Platform to More Loan Types
By Editors | 26/09/2023
The online loan transfer system launched in May for credit loans will become available for mortgage loans for apartments and jeonse loans for all housing types.
Big Picture
WEF Paper Proposes Four Actions to Enhance Cross-Border Payments
By Mark Johnston | 26/09/2023
The paper says improving regulatory interoperability can improve the efficiency, security and inclusiveness of cross-border payments, benefiting businesses and individuals.
Fintech / Regtech
Data Protection in Focus as AI Usage Grows
By Jill Wong | 25/09/2023
AI usage has cast a spotlight on the importance of personal data protection, says Yeong Zee Kin, the newly-appointed CEO of the Singapore Academy of Law.
ESG / Sustainability
CDP, NZDPU Collaborate to Improve Access to Climate Data
By ESG Investor | 21/09/2023
The NZDPU proof of concept, supported by CDP, will provide an initial set of companies’ Scope 1, 2 and 3 emissions and reduction targets.
ESG / Sustainability
HKMA Announces Launch of Green Fintech Competition
By Editors | 21/09/2023
Interested firms will need to submit a market-ready solution for at least one of four themes by 20 October 2023.
Fintech / Regtech
Hong Kong Launches Open API Framework for Insurance Sector
By Editors | 19/09/2023
A Central Register has also been developed as a new digital infrastructure for API-related initiatives in the insurance industry.
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