Fintech / Regtech

Fintech / Regtech

India Launches UPI Services in Sri Lanka and Mauritius

By Ajoy K Das | 13/02/2024

Mauritius is the first country outside Asia where banks will be able to issue RuPay cards, and the first African country to connect to the UPI.

Crypto / Digital Assets

RBI to Enable CBDC Programmability, Offline Functionality

By Ajoy K Das | 10/02/2024

RBI statement also said it will introduce a new principle-based framework for the authentication of digital payment transactions.

Fintech / Regtech

India: Industry Body to Publish Whitelist of Digital Lenders

By Ajoy K Das | 09/02/2024

The Digital Lenders’ Association of India said borrowers will be able to use the list to protect themselves against scammers and fake apps.

Fintech / Regtech

US Launches AI Safety Consortium With 225 Members

By Editors | 09/02/2024

Members include OpenAI, Google, Microsoft, Meta, Apple, Amazon, Nvidia, JPMorgan Chase, Bank of America, Mastercard, Visa and others.

Fintech / Regtech

Operational Procedures Updated for GBA Fintech Facility

By Sanday Chongo Kabange | 09/02/2024

The HKMA, PBOC and AMCM updated their operational procedures to reflect Macau’s participation in the facility.

Crypto / Digital Assets

UBS Launches Hong Kong’s First Tokenised Warrant

By Sanday Chongo Kabange | 09/02/2024

UBS said tokenisation opens a new channel for investors to access digital structured products.

Fintech / Regtech

DBS Cuts CEO Compensation Over Digital Banking Disruptions

By Ranamita Chakraborty | 08/02/2024

MAS set expectations last November for DBS to hold its senior management accountable for digital banking disruptions that occurred last year.

Crypto / Digital Assets

HK Breaks New Ground With Digital Green Bond Issuance

By Editors | 08/02/2024

This is the first multi-currency digital bond offering in the world, and the first digitally native bond issuance in Hong Kong.

Fintech / Regtech

BOK Working to Improve Inflation Forecasting With AI Models

By Editors | 08/02/2024

Bank of Korea report discusses progress improve inflation forecasting accuracy using AI/ML and big data technologies.