FINTECH / REGTECH

Fintech / Regtech

SET, Bloomberg Launches Initiative to Boost Capital Markets Talent

By Editors | 18/08/2022

The initiative will allow finance students from eight universities to gain experience in financial markets trading using Bloomberg data and tools.

Crypto / Digital Assets

Fed Issues New Guidance to Banks Engaging in Crypto Activity

By Manesh Samtani | 17/08/2022

Banks seeking to engage in crypto-asset-related activities are directed to first notify their lead supervisory point of contact at the Federal Reserve.

Fintech / Regtech

Chinese Tech Giants Submit App Algorithm Details to CAC

By Editors | 16/08/2022

Companies including Alibaba, Tencent, Meituan, ByteDance and Baidu submitted algorithm information to regulators to comply with requirements adopted in March.

Market Infrastructure

Malaysia Reassures Public After Data Breach at Payments Firm

By Editors | 15/08/2022

The iPay88 breach will be raised in a Cabinet meeting to discuss a proposal to establish a Royal Commission of Inquiry to investigate the incident.

Fintech / Regtech

Making Data Security a Priority in a World of Tech-driven Services

By Philip Keller | 14/08/2022

Philip Keller outlines key considerations for banks when establishing a protocol to ensure data can only be shared in a safe, reliable, timely, and complete manner.

Fintech / Regtech

RBI to Adopt New Measures to Regulate Digital Lending

By Manesh Samtani | 11/08/2022

The measures include enhanced disclosures for borrowers, consent-based data collection, a cooling-off period for online loans, and the establishment of a new SRO.

ESG / Sustainability

JPXI to Launch Platform For Listed Company ESG Disclosures

By Editors | 11/08/2022

ESG-related information disclosed on each company’s website for the most recent three months will be displayed on the portal.

Crypto / Digital Assets

HKMA, InvestHK Invite Firms to Showcase CBDC Solutions

By Editors | 11/08/2022

A CBDC track has been added to Global Fast Track 2022. Banks, fintechs and tech firms are asked to submit innovative solutions in eight focus areas.

Fintech / Regtech

RBI Defers Deadline for Acquiring Banks to Purge Customer Card Data

By Editors | 09/08/2022

All entities in the transaction chain other than acquiring banks, card issuers and card networks must purge card-on-file data from 1 October 2022.