Fintech / Regtech

Fintech / Regtech

HKMA to Collaborate With Saudi Central Bank on Market Connectivity

By Sanday Chongo Kabange | 28/07/2023

The two central banks will also collaborate on financial infrastructure development, sustainable development and fintech.

Fintech / Regtech

Why Banks Should Leverage ISO 20022 as an Innovation Accelerator

By Pete McCormick | 26/07/2023

Pete McCormick discusses the challenges banks face in adopting ISO 20022, as well as the benefits of doing so, using a strategic approach.

Crypto / Digital Assets

CFA Institute Survey Shows Limited Support for CBDCs

By Ranamita Chakraborty | 26/07/2023

While 34 percent of survey respondents worldwide disagreed that central banks should launch CBDCs, those from APAC including India and China expressed a more favourable view.

Big Picture

BIS Paper Proposes Solutions To Ease Cross-Border Payment Hurdles

By Ranamita Chakraborty | 25/07/2023

New working paper suggests setting up a global clearinghouse or digital money marketplace could boost cross-border payments.

Fintech / Regtech

White House Secures Commitments on Responsible AI Development

By Editors | 24/07/2023

White House secured commitments from Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and OpenAI.

Fintech / Regtech

India, Sri Lanka Sign UPI Acceptance Agreement

By Editors | 24/07/2023

India and Sri Lanka signed a network-to-network agreement to enable UPI acceptance in Sri Lanka.

Fintech / Regtech

Australia Approves Final Operational Enhancements To CDR Rules

By Sanday Chongo Kabange | 22/07/2023

Assistant treasurer Stephen Jones says the operational enhancements to the CDR rules will keep small business and customer data safer.

Fintech / Regtech

Alipay, WeChat Pay Start Accepting Foreign Credit Cards

By Editors | 21/07/2023

The move allowed travellers to pay for goods and services across China, where mobile payments are needed for most basic necessities.

Market Infrastructure

US Launches Instant Payments Service, FedNow

By Editors | 21/07/2023

35 early-adopting banks and credit unions are ready with instant payments capabilities via FedNow, and 16 additional service providers are supporting payment processing.