Fintech / Regtech

Fintech / Regtech

Bank Indonesia Issues Five-Year Payment System Blueprint

By Editors | 06/08/2024

Bank Indonesia Governor Perry Wariyo said the plan to issue digital rupiah has entered the final stages.

Fintech / Regtech

PBOC, HKMA Sign Cooperation Framework for Payments Linkage

By Editors | 04/08/2024

The cooperation framework will enable the Chinese and Hong Kong authorities to link their fast payment systems.

Fintech / Regtech

MAS Paper Warns FIs of Cyber Risks Arising from GenAI

By Ranamita Chakraborty | 04/08/2024

The paper focuses on deepfakes, GenAI-enabled phishing, AI-powered malware, data leakage and output manipulation.

Fintech / Regtech

RBI Proposes New Framework on Digital Payments Authentication

By Ajoy K Das | 04/08/2024

The draft framework would require all digital payment transactions to be authenticated with AFA unless otherwise exempted.

Fintech / Regtech

RBI Issues Draft Rules for Aadhar-enabled Payment Systems

By Ajoy K Das | 03/08/2024

The draft rules focus on onboarding and ongoing due diligence of AePS touchpoint operators to prevent fraud.

Fintech / Regtech

BigTech Integration in Finance Poses Challenges: RBI Report

By Ajoy K Das | 03/08/2024

RBI report discusses BigTech in financial services, financial sector digitalisation, international payments initiatives and India’s CBDC.

Enforcement

Amendments to MSB Law Take Effect in Malaysia

By Nithya Subramanian | 02/08/2024

The amendments strengthen BNM’s ability to take enforcement action against unauthorised money services business activities.

Fintech / Regtech

India: Ransomware Attack Disrupts Services at Nearly 300 Banks

By Ajoy K Das | 01/08/2024

The attack affected C-Edge Technologies, a TCS and SBI joint venture that provides technology services to small banks across India.

ESG / Sustainability

DBS, Deloitte Launch Tool to Help SMEs Close Decarbonisation Gaps

By Ranamita Chakraborty | 01/08/2024

The new sustainability solution aligns with the TCFD framework and helps Singapore SMEs meet their reporting obligations more effectively.