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AML / KYC
What Future AML Compliance Requires: A Technology Perspective
By Amber Qin | 10/11/2021
Intelligent AML solutions need to achieve a fine balance between compliance, transparency, effectiveness, and efficiency, say Amber Qin and Sophia Wu from Ant Group.
Fintech / Regtech
MAS to Launch Decentralised Credentials Platform for Fintechs
By Mark Johnston | 09/11/2021
MAS is launching a decentralised platform that will help banks assess the credentials, compliance readiness and credibility of fintech firms.
Fintech / Regtech
Project Greenprint: MAS Unveils Plans to Boost Green Finance
By Darien Choong | 09/11/2021
To support the green finance ecosystem, MAS and the industry will together develop four interoperable platforms under Project Greenprint.
Fintech / Regtech
MAS Unveils Planned Enhancements to Fintech Regulatory Sandbox
By Sanday Chongo Kabange | 09/11/2021
From 1 January 2022, ‘Sandbox Plus’ will be introduced to provide more effective one-stop assistance to innovative fintech firms.
Fintech / Regtech
HK, Mainland Expand Connectivity of Trade Finance Platforms
By Editors | 09/11/2021
Phase 1 connectivity supported exports to Hong Kong and imports from the Mainland, while phase 2 will cover exports to the Mainland and imports from Hong Kong.
Fintech / Regtech
Singapore to Deepen AI Capabilities in Financial Sector
By Mark Johnston | 09/11/2021
Singapore has pledged an additional S$180mn in additional AI research funding to enhance the financial sector’s AI capabilities.
Fintech / Regtech
MAS: SGFinDex Extended to Include Investment Holdings Data
By Editors | 08/11/2021
Individuals can now view information on their investment holdings at SGX’s central depository as part of their consolidated financial position.
Fintech / Regtech
Singapore Banks to Automate GIRO Application Process
By Darien Choong | 08/11/2021
The current GIRO application process takes three to four weeks to complete. The eGIRO service will reduce turnaround time to a few minutes for consumers.
AML / KYC
HKMA Launches AMLab Series to Experiment with Network Analytics
By Editors | 07/11/2021
Five banks will work with data experts to experiment with the use of data analytics and network diagrams in identifying suspected money mules.
Fintech / Regtech
Multi CBDC Bridge Project Moves to Test New Use Cases
By Sanday Chongo Kabange | 07/11/2021
The mBridge project team has collaborated with private sector participants to identify 15 potential business use cases that are now being tested.
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