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Fintech / Regtech
IndusInd Bank, NPCI Partner on UPI-based Cross Border Payments
By Editors | 03/01/2022
Initially, real-time remittances from Thailand to India will be enabled via DeeMoney, a Thailand-based money transfer operator and partner of IndusInd Bank.
Fintech / Regtech
Tokyo Bourse Tests Earnings Report Disclosure in HTML Format
By Editors | 03/01/2022
HTML will make text conversion, mechanical processing, and Japanese-to-English translation of the disclosed information easier compared to PDF, the TSE said.
ESG / Sustainability
Malaysia, Thailand Launch Phase 2 of QR Payments Linkage
By Editors | 02/01/2022
Cross-border instant QR payments are now available for travellers between Malaysia and Thailand, including for online e-commerce transactions.
AML / KYC
Taiwan FSC Issues New Data Sharing Guidelines for FIs
By Editors | 02/01/2022
Data may be shared between FIs, subject to consent, if it can enhance customer convenience, improve operations, or facilitate cooperative business arrangements or partnerships.
Fintech / Regtech
BOT to Delay Testing of Retail CBDC to Late 2022
By Editors | 30/12/2021
After discussions with relevant parties and careful consideration, Thailand will proceed slowly, said BOT deputy director Kasidit Tansanguan.
Fintech / Regtech
Bank Indonesia Launches New Fast Payments System, BI-Fast
By Sanday Chongo Kabange | 24/12/2021
BI-Fast lowers the interbank transfer fee, set at IDR 2,500 (USD 0.18) per transaction, down from the usual IDR 6,500 fee for interbank transfers. 21 banks have so far enrolled on BI-Fast.
Fintech / Regtech
KoFIU Completes Initial Review of VASP Business Registrations
By Mark Johnston | 24/12/2021
In all, 29 VASPs have been approved out of a total 42 that filed for registration by the 24 September deadline. Decisions on five entities are still pending.
Fintech / Regtech
Cambodia, Laos to Step Up Cross-Border Cooperation in 2022
By Editors | 23/12/2021
The National Bank of Cambodia and Bank of the Lao PDR will cooperate on payment innovation and cross-border connectivity, among other areas.
Fintech / Regtech
Australian Treasury Confirms Plans to Expand Consumer Data Right
By Mark Johnston | 23/12/2021
Action initiation functionality will be applied first in the banking sector to enable the development of new, competitive and consumer-focused payment services.
Fintech / Regtech
SEBI Forms New Advisory Committee on Technology
By Editors | 22/12/2021
The new committee will issue recommendations on existing technology projects and propose new suptech and regtech tools to improve SEBI’s capabilities.
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