Fintech / Regtech

Crypto / Digital Assets

MAS to Strengthen Retail Protections from Crypto Harms

By Manesh Samtani | 30/08/2022

MAS managing director Ravi Menon described an approach to digital assets that allows Singapore to be both stringent in its regulation and facilitative of innovation.

Crypto / Digital Assets

UnionBank Becomes First Philippine Bank to Enable Crypto Trading

By Editors | 30/08/2022

UnionBank has also been exploring other uses of blockchain technology, as it seeks to future-proof its business and expand its metaverse footprint.

Fintech / Regtech

Indonesia, Singapore Commence Work on QR Payment Link

By Manesh Samtani | 29/08/2022

Bank Indonesia also launched the “international QRIS”, initially connecting to Thailand’s payment system, and have a retail CBDC in the works.

Fintech / Regtech

FSC Korea Unveils Reforms to Promote Digital Financial Services

By Sanday Chongo Kabange | 29/08/2022

The FSC will increase opportunities for FIs and fintechs to offer services via integrated apps, while ensuring consumer protections are in place.

Big Picture

Addressing Fraud Risk Requires Multi-Pronged Approach – Report

By Editors | 29/08/2022

NICE Actimize and Regulation Asia have published a new white paper exploring the banking industry’s response to fraud and online scams in APAC.

Fintech / Regtech

Australia Consults on CDR Expansion to Non Bank Lending

By Editors | 29/08/2022

A report from Treasury says information about non-bank lending products as well as customer information should be subject to CDR data-sharing obligations.

Fintech / Regtech

RBI Releases Amex from Restrictions Imposed Last Year

By Editors | 26/08/2022

The restrictions imposed on Diners Club and Mastercard for violations of India’s data storage rules have also already been lifted.

Fintech / Regtech

NPCI Signs Agreement to Enable UPI Payments in UK

By Editors | 26/08/2022

India’s UPI-based QR code payments will be available in the UK on all of PayXpert’s android POS devices for in-store payments.

Fintech / Regtech

JPX, AWS Partner to Enhance Capital Market Attractiveness

By Editors | 25/08/2022

New initiatives include enhanced infrastructure resilience, the creation of a product development environment, and enhanced collaboration with start-ups.