Fintech / Regtech

    Fintech / Regtech

    SWIFT Applies Data Intelligence to Remove Payment Friction

    By Editors | 01/09/2022

    SWIFT says its new capability ensures payments will go through regardless of whether the parties have transacted with each other before.

    Fintech / Regtech

    HKMA to Launch API Link from CCRA to CDI in Q4

    By Manesh Samtani | 01/09/2022

    Banks are encouraged to access credit data in the CCRA database via the CDI, to help them automate credit approvals and enhance efficiency.

    Crypto / Digital Assets

    Australia Launches Digital Finance Cooperative Research Centre

    By Editors | 01/09/2022

    Backed by industry, government and academia, the DFCRC will facilitate the development of the emerging digital finance sector.

    Fintech / Regtech

    Grab-Singtel Digital Bank Set to Launch First Financial Product

    By Editors | 31/08/2022

    GXS Bank will launch a savings account product on 5 September, and expand into wealth and credit products over the coming months.

    Fintech / Regtech

    US to Launch FedNow Instant Payments Platform in Mid 2023

    By Editors | 31/08/2022

    The technical testing phase of the new FedNow Service will kick off in mid-September. The service will be ready to launch between May and July of 2023.

    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.

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