Fintech / Regtech

Fintech / Regtech

FSC Korea Approves Rule Change to Promote Data Convergence

By Sanday Chongo Kabange | 11/07/2022

Firms that do not hold their own data will be allowed to use pseudonymised data from other businesses in their analysis.

AML / KYC

GLEIF Launches vLEI Issuer Qualification Programme

By Manesh Samtani | 07/07/2022

The vLEI is a digital version of the LEI which can be securely verified online against the source information held in GLEIF’s data repository.

Fintech / Regtech

BSEC Orders Stock Exchanges to Establish Integrated Reporting Platform

By Editors | 06/07/2022

The DSE and CSE were instructed to consolidate their online data gathering, information submission and dissemination platforms into a single integrated platform.

Fintech / Regtech

JPX Launches ‘J-Quants’ Data Service for Retail Investors

By Editors | 06/07/2022

The service aims to address the difficulties retail investors face in accessing and using raw financial data for investment analysis and decision-making.

Fintech / Regtech

Taiwan FSC Set to Open Applications for Internet-Only Insurer Licences

By Darien Choong | 05/07/2022

Applications will be open from 1 August. Fubon Financial and CTBC Financial have reportedly expressed interest in the licence.

Fintech / Regtech

AUSTRAC Issues Update on Reporting System Enhancements

By Editors | 05/07/2022

AUSTRAC has commenced development of a new CRM platform which will enable it develop enhanced self-service capabilities in AUSTRAC Online.

Fintech / Regtech

MAS Assesses Fairness of FIs’ Use of AI/Machine Learning

By Editors | 05/07/2022

MAS conducted a thematic review on selected FIs’ implementation of Fairness Principles in their use of AI/machine learning.

Capital / Liquidity

HKMA Explores Use of Deep Learning for Credit Risk Assessment

By Editors | 04/07/2022

A trained model was able to consistently detect corporate credit deterioration at both the transaction level and aggregate level with a three-month lead time.

Fintech / Regtech

Australia Commences Roll-out of New Payments Service PayTo

By Editors | 04/07/2022

PayTo checks upfront for adequate funds in the paying customer’s account at payment initiation, reducing rejected payments and manual exception handling.