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Fintech / Regtech
PayNow Now Available on GrabPay, Singtel Dash, Liquid Pay
By Editors | 10/02/2021
The Association of Banks in Singapore says PayNow has been made available to non-bank financial institutions for the first time since its launch in 2017.
Fintech / Regtech
China Finalises Anti-monopoly Rules for Internet Platforms
By Editors | 09/02/2021
The rules prohibit platform operators from abusing their market dominant positions through behaviour designed to reduce or restrict competition.
Fintech / Regtech
SGX, Trumid, Hillhouse to Launch Asian Bond Trading Platform
By Editors | 08/02/2021
The partnership will connect SGX’s and Trumid’s bond trading platforms to enhance liquidity and execution in the Asian bond market for global clients.
Crypto / Digital Assets
SEC Thailand Orders Crypto Exchange to Suspend Client Onboarding
By Ranamita Chakraborty | 08/02/2021
Bitkub needs to address five major issues before it can resume onboarding new clients, after high volume trading disrupted its systems in January.
Fintech / Regtech
Toss Bank Applies for Digital Bank Operating Licence in Korea
By Editors | 08/02/2021
Toss Bank was awarded a preliminary licence to operate an internet-only bank in December 2019. It plans to launch operations in mid-2021.
AML / KYC
Korea: FSC Financial Sector Focus to Include Risk, Competition, Innovation
By Sanday Chongo Kabange | 07/02/2021
The FSC’s 2021 policy agenda for the financial sector will include measures to bolster risk management while also strengthening competitiveness and facilitating digital innovation.
Fintech / Regtech
Korea to Launch Virtual Sandbox, Expand Fintech Support
By Editors | 04/02/2021
The FSC has outlined the work it has planned this year to promote financial innovation and digital finance.
Fintech / Regtech
LINE Bank Taiwan Granted Digital Bank Operating Licence
By Editors | 04/02/2021
LINE Bank could launch trial operations as soon as mid-March, with a view to launching full operations within the first half of the year.
Fintech / Regtech
SBI, Sumitomo Mitsui to Launch Digital Stock Exchange in Osaka
By Ranamita Chakraborty | 04/02/2021
The Osaka Digital Exchange, expected to launch in 2022, will provide an alternative to the TSE and strengthen Osaka’s proposition as a financial hub.
Fintech / Regtech
SEBI Revises Entry Norms for Innovation Sandbox
By Editors | 04/02/2021
The revisions introduce graded entry norms to encourage innovation and make it easier for firms to participate in the sandbox.
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