Fintech / Regtech

Fintech / Regtech

RBI, BIS Launch G20 TechSprint Focusing on Cross-border Payments

By Editors | 05/05/2023

The 2023 TechSprint will focus on technology solutions to address illicit finance risk, FX and liquidity solutions, and technology for CBDC platforms.

Fintech / Regtech

G7 Ministers Outline Actions to Contain AI Risks

By ESG Investor | 03/05/2023

Ministers endorsed an AI action plan for “promoting global interoperability between tools for trustworthy AI”.

Fintech / Regtech

Hong Kong Virtual Banks Saw Narrower Losses in 2022 – Report

By Editors | 02/05/2023

ZA Bank and Mox Bank have the largest customer bases. None of the eight virtual banks are profitable yet, but their losses have mostly narrowed.

Fintech / Regtech

Singapore Fintechs to Get Support for Australia Expansion

By Editors | 02/05/2023

The SFA and Austrade signed an MoU that will help fintechs expand across borders. Support will be provided by Enterprise Singapore, HSBC and AWS.

Fintech / Regtech

ASX Issues Update on CHESS Replacement Partnership Programme

By Editors | 01/05/2023

Under the A$70mn Partnership Programme, ASX will offer payouts to stakeholders to support their efforts in meeting project milestones.

Fintech / Regtech

US Agencies Pledge to Combat Harmful Uses of AI

By Editors | 30/04/2023

Four agencies reaffirmed their commitment to “vigorously enforce their collective authorities and to monitor the development and use of automated systems.”

Crypto / Digital Assets

China to Start Using CBDC in Cross-Border Trade

By Sanday Chongo Kabange | 28/04/2023

Xuzhou will use the e-CNY for payment of Belt and Road trade costs; Changshu City will use it to pay civil servants.

Fintech / Regtech

Japan: Reforms Needed to Boost Digital Green Bond Market

By Editors | 28/04/2023

Expert panel finds that the technology used in JPX’s digitally tracked green bond has other applications, but some challenges need to be addressed first.

Fintech / Regtech

Thailand to Defer Publication of Virtual Banks Framework

By Editors | 28/04/2023

The BOT said it received “helpful” consultative feedback and now needs more time to clarify the licensing conditions and produce an application manual.