Fintech / Regtech

Fintech / Regtech

APAC Central Banks Explore Common Protocol for Regulatory Policy

By Manesh Samtani | 05/10/2023

Project Mandala will be run by BIS Innovation Hub Singapore Centre, along with the RBA, BOK, BNM and MAS, with collaboration from FIs.

Fintech / Regtech

BIS to Advise Korea on Design & Implementation of CBDC Pilot

By Sanday Chongo Kabange | 05/10/2023

South Korean regulators will start testing a wholesale CBDC with commercial banks this month, and a retail CBDC in Q4 of next year.

Crypto / Digital Assets

BIS Project Yields PoC Data Platform for Analysing Global Crypto Flows

By Manesh Samtani | 04/10/2023

Project Atlas combines on- and off-chain information to create a data platform that allows policymakers and central banks to analyse international flows of cryptoassets.

AML / KYC

MAS Sheds Light on Use of AI in Supervisory Activities

By Sanday Chongo Kabange | 04/10/2023

MAS is using AI tools to identify market collusion, manipulation, mis-selling by financial advisers, and networks of suspicious activity in Singapore’s financial system.

Big Picture

Generative AI’s Growing Impact on Capital Markets

By Ranamita Chakraborty | 04/10/2023

Panellists at the ASIFMA Tech & Ops Conference discussed the key applications of generative AI in capital markets and strategies for addressing risks.

Fintech / Regtech

Singapore’s AI-Adoption Rate Highest Globally – FIS report

By Jill Wong | 04/10/2023

The FIS survey of over 2,000 business leaders worldwide found 92% of firms expect to adopt AI in the next 12 months.

Fintech / Regtech

Operational Resilience, Skills Key to Banks’ Technological Sophistication – MAS

By Jill Wong | 03/10/2023

The MAS’s Vincent Loy highlights the operational challenges facing banks as they seek to build technology skills and sophistication.

Fintech / Regtech

MAS Querying DBS Regarding Disruption of Payment Services

By Mark Johnston | 03/10/2023

MAS is following up with DBS to identify the root cause of a disruption to the bank’s FAST and PayNow services last week.

Fintech / Regtech

Malaysia to End Fee Waiver on QR Payments to Merchants

By Editors | 02/10/2023

Public Bank, Maybank, CIMB, and TNG Digital said they will not impose the merchant transaction fee for the time being.