Fintech / Regtech

Crypto / Digital Assets

US Treasury Publishes First Ever DeFi Risk Assessment

By Manesh Samtani | 07/04/2023

Treasury calls on the private sector to use the risk assessment to inform their risk mitigation strategies, and offers recommendations on government action.

Fintech / Regtech

RBI Scraps Plans to Allow Firms to Develop UPI Alternative

By Editors | 07/04/2023

RBI deputy governor T Rabi Sankar says ‘new umbrella entity’ applicants did not propose solutions that were particularly innovative.

Fintech / Regtech

Wanton Wiper Malware and the Weaponization of Legitimate Tools

By Lotem Finkelstein | 07/04/2023

A bigger threat than ransomware is the reemergence of malware that destroys sensitive data, says Lotem Finkelstein.

Fintech / Regtech

BNM Proposes to Introduce ‘Green Lane’ for FinTech Sandbox

By Editors | 06/04/2023

The ‘Innovation Green Lane’ will offer a more risk-proportionate and accelerated pathway for innovative solutions by financial institutions with strong risk management capabilities.

Fintech / Regtech

APAC Regulators Form New Forum to Address Cloud Risk

By Sanday Chongo Kabange | 06/04/2023

MAS assistant managing director Vincent Loy said the twice-a-year forum will help APAC regulators and CSPs ensure greater resilience of cloud adoption in the financial sector.

Crypto / Digital Assets

UBS Executes Cross-border Intraday Repo on Broadridge Blockchain Platform

By Editors | 06/04/2023

Intraday repo provides a more efficient means of managing liquidity, while also providing additional funding flexibility and reducign operational risk.

Fintech / Regtech

Malaysia Issues 2nd Consultation on New Consumer Credit Act

By Editors | 06/04/2023

The new consultation paper covers licensing, financial, governance and conduct requirements for unregulated credit services including BNPL providers.

Fintech / Regtech

JPX Launches Paid Data Service for Retail Investors

By Editors | 05/04/2023

The paid version of the J-Quants API includes datasets that were “highly requested” by users of the beta service.

Fintech / Regtech

Korea to Develop Guidance on Mitigating Technology Risks

By Manesh Samtani | 04/04/2023

The guidelines are an action item from a new task force that was created after a data centre fire disrupted Kakao’s services last October.