FINTECH / REGTECH

    Capital / Liquidity

    RBI Eases Requirements for Rural Banks to Offer Internet Banking

    By Editors | 08/11/2022

    The net worth requirement and net NPA eligibility criteria have been relaxed, to promote the spread of digital banking for customers in rural areas.

    ESG / Sustainability

    Singapore Launches New Climate Finance Accelerator

    By Editors | 07/11/2022

    MAS, Google Cloud and KPMG launched the accelerator to channel capital toward companies with market-ready climate fintech solutions.

    Fintech / Regtech

    SEBI Drafts Cloud Adoption Framework for Regulated Entities

    By Manesh Samtani | 06/11/2022

    The framework says there are “no limitations” on the use of any cloud deployment models, but provision must only be from data centres empanelled by MeitY.

    Crypto / Digital Assets

    Standard Chartered to Join Partior as Founding Shareholder

    By Editors | 06/11/2022

    The investment will strengthen Partior’s international reach and capabilities, while also helping StanChart accelerate the deployment of blockchain tech across its own network.

    Fintech / Regtech

    MAS to Expand Funding Support for Financial Sector Innovation

    By Editors | 06/11/2022

    MAS will provide a further SGD 150 million in funding over three years to the Financial Sector Technology and Innovation scheme.

    Fintech / Regtech

    MAS to Cooperate with Ghana on Trade and Financial Services

    By Editors | 04/11/2022

    MAS will work on initiatives to generate greater opportunities for trade and financial services cooperation between Singapore and Ghana.

    Fintech / Regtech

    MAS Launches New Initiative to Advance Cross-Border CBDC Work

    By Sanday Chongo Kabange | 04/11/2022

    Under the ‘Ubin+’ initiative, MAS will develop technical standards, infrastructure, and policy guidelines to support atomic settlement of FX transactions using CBDCs.

    Fintech / Regtech

    ACCC Studies Data Quality Issues in CDR Ecosystem

    By Editors | 03/11/2022

    The consultation is gathering views on data quality issues in the CDR ecosystem, the harms they cause, and ways to address them, including through enforcement.

    Fintech / Regtech

    Six Southeast Asian Fintech Associations Agree to Cooperate

    By Editors | 03/11/2022

    The six fintech associations are from Singapore, Cambodia, Malaysia, the Philippines, Thailand and Vietnam.

    Fintech / Regtech

    MAS Proposes to Eliminate Cheque Usage in Singapore

    By Editors | 03/11/2022

    MAS proposes that financial institutions collectively cease the issuance of new cheque books to all corporates by end-2024.

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