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Fintech / Regtech
HKMA Issues Guidance on Protecting Payment Card Data
By Manesh Samtani | 26/09/2022
The guidance emphasises the need for due diligence of third-party service agents, ongoing monitoring, and prompt reporting of incidents.
Fintech / Regtech
ADB Paper Offers Guidance on Building Regtech, Suptech Ecosystems
By Sanday Chongo Kabange | 25/09/2022
Central to success is a high level of commitment to a “digital first” strategy, both from the regulatory community and the wider industry.
Fintech / Regtech
India Launches Three New Digital Payments Initiatives
By Editors | 24/09/2022
The three initiatives have the potential to revolutionise the digital payments ecosystem, said NPCI.
Big Picture
DTCC Warns of Risks from Quantum Computing Technology
By Editors | 23/09/2022
DTCC outlines steps firms should take to prepare for the emergence of new post-quantum cryptography standards. Final standards are scheduled for 2024.
Crypto / Digital Assets
Australian Senator Proposes Bill on Digital Asset Regulation
By Editors | 23/09/2022
The bill would establish rules for crypto exchanges, custody providers stablecoin issuers, and banks facilitating e-CNY transactions.
Fintech / Regtech
Banks, Tech Firms Propose Payments Pilot Using EU Digital IDs
By Editors | 22/09/2022
European banks and tech firms will show how payments and EU digital ID wallets can be combined across borders and in multiple currencies.
Fintech / Regtech
BSP Tightens Prudential Requirements for Digital Banks
By Editors | 21/09/2022
Digital banks must meet the same Basel III capital, liquidity and leverage requirements applicable to universal and commercial banks.
Crypto / Digital Assets
Nasdaq Establishes New Digital Assets Business
By Editors | 21/09/2022
The technology that underpins the digital asset ecosystem has the potential to transform markets over the long-term, says Nasdaq’s Adena Friedman.
Crypto / Digital Assets
HKMA to Start Retail CBDC Trials in Q4 This Year
By Manesh Samtani | 21/09/2022
The trials will involve banks, payment companies and other technology firms to study the use of the e-HKD in a limited setting.
Fintech / Regtech
BOT Details Plans to Upgrade Payment Systems
By Editors | 21/09/2022
The plans include the development of PromptBiz, a digital payment infrastructure system for the business sector.
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