Fintech / Regtech

Fintech / Regtech

RBI Establishes Dedicated Fintech Unit to Promote Innovation

By Editors | 10/01/2022

The new department will seek to promote innovation in the financial sector including by exploring policy interventions by the RBI.

Crypto / Digital Assets

Former CFTC Chair Calls for Dedicated US Crypto Regulator

By Sanday Chongo Kabange | 09/01/2022

Such a bureau would have its own authorisation and financing, and adopt the mandates of both the CFTC and SEC, said J. Christopher Giancarlo.

Fintech / Regtech

Korean Presidential Hopeful to Use NFTs for Campaign Fundraising

By Sanday Chongo Kabange | 07/01/2022

The Democratic Party of Korea’s Lee Jae-myung is set to become the world’s first presidential candidate to raise campaign funds using NFTs.

Fintech / Regtech

PBOC Outlines 2022-2025 Fintech Development Plan

By Editors | 07/01/2022

The plan includes measures to strengthen fintech governance, enhance data capabilities, and establish a new ‘green’ data centre.

Fintech / Regtech

BNM Proposes New Licensing Framework For Digital Insurers

By Sanday Chongo Kabange | 05/01/2022

Digital insurers and takaful operators should have a minimum paid-up capital of MYR 40 million during the foundational phase.

Fintech / Regtech

China Releases CBDC Wallet on Mobile App Stores

By Editors | 05/01/2022

The app is available in 12 cities and regions as well as the host cities for the Winter Olympics. Until now the app has only been available for download via private links.

Fintech / Regtech

South Korean Financial Institutions Launch ‘MyData’ Services

By Sanday Chongo Kabange | 05/01/2022

On Wednesday, 33 firms started offering MyData services, enabling consumers to centralise management of their data from different institutions.

Fintech / Regtech

IndusInd Bank, NPCI Partner on UPI-based Cross Border Payments

By Editors | 03/01/2022

Initially, real-time remittances from Thailand to India will be enabled via DeeMoney, a Thailand-based money transfer operator and partner of IndusInd Bank.

Fintech / Regtech

Tokyo Bourse Tests Earnings Report Disclosure in HTML Format

By Editors | 03/01/2022

HTML will make text conversion, mechanical processing, and Japanese-to-English translation of the disclosed information easier compared to PDF, the TSE said.