Fintech / Regtech

Fintech / Regtech

HKIMR Offers Suggestions to Narrow AI/BD Talent Gap

By Editors | 31/10/2021

An estimated 2,000 professionals with both finance and AI/big data skills are needed to meet the talent gap in Hong Kong’s financial industry.

Fintech / Regtech

FSC Korea Pledges to Support Digital Transformation of Banks

By Sanday Chongo Kabange | 31/10/2021

FSC chairman Koh Seungbeom said the entry of tech giants into financial services has added fuel to market competition.

Fintech / Regtech

Digital Capability Key to Boosting Malaysia Capital Market, says SC

By Ranamita Chakraborty | 30/10/2021

SC chairman Datuk Syed Zaid Albar highlights the importance of technology and fintech in shaping the capital market ecosystem.

Crypto / Digital Assets

Tokyo Court Confirms $9bn Plan to Repay Mt Gox Creditors

By Editors | 30/10/2021

The rehabilitation plan will lead to the distribution of more than $9bn to investors who lost bitcoins when Mt Gox closed more than seven years ago.

AML / KYC

FATF Issues Final Updated Guidance on Virtual Assets, VASPs

By Manesh Samtani | 29/10/2021

The guidance offers clarification on the definition of VASPs, and explains how the FATF standards apply to stablecoins, P2P transactions, NFTs and DeFi.

Crypto / Digital Assets

ASIC Issues Guidance on Crypto-asset Investment Products

By Editors | 29/10/2021

ASIC says it has introduced a new ‘crypto-asset’ category in the licensing application for responsible entities.

Crypto / Digital Assets

India No Longer Likely to Ban Cryptocurrencies – Report

By Ranamita Chakraborty | 29/10/2021

Finance ministry officials have reportedly said that a law for cryptocurrencies could as soon as February 2022, around the time of India’s next general Budget.

Fintech / Regtech

US Agencies Probe Chinese Payment Terminal Maker PAX

By Manesh Samtani | 28/10/2021

PAX Global Technology is reportedly under investigation over allegations from a US payment processor that its terminals are being used to stage cyberattacks.

Fintech / Regtech

PBOC Issues Guidance on Using Open Source Technology

By Editors | 28/10/2021

FIs are encouraged to actively participate in the development of “international and domestic” open source technology communities.