Fintech / Regtech

Capital / Liquidity

RBI Eases Requirements for Rural Banks to Offer Internet Banking

By Editors | 08/11/2022

The net worth requirement and net NPA eligibility criteria have been relaxed, to promote the spread of digital banking for customers in rural areas.

ESG / Sustainability

Singapore Launches New Climate Finance Accelerator

By Editors | 07/11/2022

MAS, Google Cloud and KPMG launched the accelerator to channel capital toward companies with market-ready climate fintech solutions.

Fintech / Regtech

SEBI Drafts Cloud Adoption Framework for Regulated Entities

By Manesh Samtani | 06/11/2022

The framework says there are “no limitations” on the use of any cloud deployment models, but provision must only be from data centres empanelled by MeitY.

Crypto / Digital Assets

Standard Chartered to Join Partior as Founding Shareholder

By Editors | 06/11/2022

The investment will strengthen Partior’s international reach and capabilities, while also helping StanChart accelerate the deployment of blockchain tech across its own network.

Fintech / Regtech

MAS to Expand Funding Support for Financial Sector Innovation

By Editors | 06/11/2022

MAS will provide a further SGD 150 million in funding over three years to the Financial Sector Technology and Innovation scheme.

Fintech / Regtech

MAS to Cooperate with Ghana on Trade and Financial Services

By Editors | 04/11/2022

MAS will work on initiatives to generate greater opportunities for trade and financial services cooperation between Singapore and Ghana.

Fintech / Regtech

MAS Launches New Initiative to Advance Cross-Border CBDC Work

By Sanday Chongo Kabange | 04/11/2022

Under the ‘Ubin+’ initiative, MAS will develop technical standards, infrastructure, and policy guidelines to support atomic settlement of FX transactions using CBDCs.

Fintech / Regtech

ACCC Studies Data Quality Issues in CDR Ecosystem

By Editors | 03/11/2022

The consultation is gathering views on data quality issues in the CDR ecosystem, the harms they cause, and ways to address them, including through enforcement.

Fintech / Regtech

Six Southeast Asian Fintech Associations Agree to Cooperate

By Editors | 03/11/2022

The six fintech associations are from Singapore, Cambodia, Malaysia, the Philippines, Thailand and Vietnam.