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Fintech / Regtech
BOK to Form Dedicated Digital Innovation Division
By Editors | 09/06/2020
The new division will study the use of AI and big data to deliver more sophisticated economic forecasts and statistical data, and ramp up efforts to develop CBDC capabilities.
Fintech / Regtech
FSC Korea Opens Access to Public Financial Institution Data
By Editors | 09/06/2020
The public release of the data is expected to contribute to the advancement of the data economy and fintech industry, while also creating more jobs in data-driven innovative services.
Fintech / Regtech
BOT Launches Regulatory Sandbox for P2P Lending Platforms
By Editors | 09/06/2020
The BOT will seek to use sandbox testing to ensure P2P lending platform providers adopted appropriate risk management and user protection practices.
Fintech / Regtech
MAS Launches Global FinTech Innovation Challenge
By Editors | 08/06/2020
The competition will seek innovative solutions that can help financial institutions respond to two critical global challenges: Covid-19 and climate change.
AML / KYC
FSC Korea Launches Task Force on Identity Verification Systems
By Editors | 08/06/2020
The FSC supports the development of innovative authentication mechanisms that can provide convenience, safety and security in electronic financial transactions.
Fintech / Regtech
SEBI Launches Regulatory Sandbox for Capital Market Participants
By Editors | 08/06/2020
Regulated entities will be granted facilities and flexibilities to experiment with fintech solutions in a live environment, on a limited set of real customers, for a limited time frame.
Market Infrastructure
Australia Considers Consolidation of Payment Infrastructures
By Editors | 08/06/2020
An industry committee has been set up to explore the benefits of a consolidating the NPP, BPAY and eftpos – […]
Fintech / Regtech
RBI Creates $66mn Fund to Boost E-Payments Infrastructure
By Editors | 07/06/2020
The RBI will initially contribute half of the funding; the rest will come from card-issuing banks and card networks, who will also cover operational expenses.
Fintech / Regtech
Sri Lanka SEC Approves Rules to Digitalise Stock Market
By Duruthu E Chandrasekera | 07/06/2020
Sri Lanka’s SEC has approved rules to enable electronic account opening, trading and settlement at the Colombo Stock Exchange.
Fintech / Regtech
Thailand to Launch Digital Platform for Capital Markets Licensing
By Editors | 05/06/2020
The ‘Prof Link’ platform will include licence information for over 80,000 capital markets professionals, incorporating professional development and training.
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