Fintech / Regtech

Crypto / Digital Assets

UDPN Launches “All-in-One” Digital Currency Sandbox

By Editors | 05/03/2024

The sandbox contains technologies for CBDC, tokenised deposits, stablecoins, purpose-bound money, and security and bond tokenisation systems.

Fintech / Regtech

Thailand to Open Applications for Virtual Bank Licences in March

By Mark Johnston | 05/03/2024

The Bank of Thailand aims to grant three virtual bank licences by mid-2025, with a view to seeing services launch in 2026.

Fintech / Regtech

RBI Approves Establishment of New Online Payments Platform

By Ajoy K Das | 04/03/2024

Bharat BillPay Limited will set up a platform that will enable payment aggregators to accept transactions from any bank without having to onboard each one separately.

Fintech / Regtech

RBI Revises Rules for Bharat Bill Payment System

By Ajoy K Das | 04/03/2024

The Bharat Bill Pay Central Unit will play a bigger role in protecting consumers through rule- and standard-setting and by guaranteeing settlement of BBPS transactions.

Fintech / Regtech

China to Improve Payment Convenience for Foreign Visitors

By Editors | 03/03/2024

Alipay and WeChat Pay are directed to raise their transaction limits for foreigners and improve their ability to link to foreign bank cards.

ESG / Sustainability

Hong Kong Launches Prototype ‘Green Fintech Map’

By Editors | 03/03/2024

The Map is a directory of more than 50 green fintech firms so far, intended to help firms identify solutions that meet their business needs.

Fintech / Regtech

Singapore Readies New Act to Boost Digital Resilience

By Nithya Subramanian | 01/03/2024

The new Digital Infrastructure Act will improve accountability of cloud services and data centre operators, which are crucial to the financial sector.

Fintech / Regtech

RBI Issues Updated Framework for Regulatory Sandbox

By Ajoy K Das | 01/03/2024

The framework extends the timeline for completing sandbox testing from 7 to 9 months. Crypto-related services are not eligible.

Fintech / Regtech

BNM Launches Enhanced Framework for Regulatory Sandbox

By Editors | 01/03/2024

The enhanced framework makes it easier for early-stage fintechs to meet the eligibility requirements and introduces an accelerated pathway for regulated firms.