Fintech / Regtech

    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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