FINTECH / REGTECH

Fintech / Regtech

Indonesia Halts Fintech Registrations Amid Lack of Supervisory Capacity

By Editors | 01/03/2020

The OJK has temporarily halted new registrations from fintech firms to dedicate its supervisory resources on ensuring the quality of existing firms.

Fintech / Regtech

FSC Korea to Enhance Support for Innovative Startups, SMEs

By Editors | 28/02/2020

The policy plan includes support for 1,000+ innovative companies, a new business credit scoring system, a per-industry collective credit guarantee scheme, and the introduction of non-recourse factoring.

AML / KYC

Six Key Ingredients for e-KYC Utility Success

By Niall Twomey | 28/02/2020

Fenergo’s Niall Twomey outlines a recipe for e-KYC Utility success, based on research of previous attempts in the marketplace, and looking at current initiatives being explored globally.

Fintech / Regtech

CBIRC Considers New Bad Debt Managers to Resolve P2P Loans

By Editors | 28/02/2020

Companies in Shanghai, Zhejiang and Shenzhen have submitted applications to set up local asset managers to deal with bad loans, particularly those from P2P lending platforms.

Fintech / Regtech

FSC Korea Unveils Policy Initiatives to Promote Fintech, Digital Finance

By Editors | 27/02/2020

South Korea’s FSC has announced new policy measures in five key areas to promote fintech and digital finance, and establish a stronger foundation for financial sector innovation.

AML / KYC

Meeting New Compliance Challenges Through Digital Identity

By Peter Guy | 27/02/2020

Digital identity systems could form a significant component of the compliance infrastructures at the new digital banks in the years to come, says Refinitiv’s Phillip Malcolm.

Fintech / Regtech

Is RegTech Coming of Age in Australia?

By Stephen Scott | 25/02/2020

Regtech is not fintech, says Stephen Scott at Starling. While fintech firms look to regulators for permission, what most regtech firms require from regulators is their collaboration.

AML / KYC

FATF Highlights Digital Identity, Virtual Assets as Key Priority Areas

By Manesh Samtani | 24/02/2020

At its Plenary, the FATF highlighted the use of digital identity systems, the new standards for virtual assets, and efforts to tackle illegal wildlife trade as some of its key initiatives.

Fintech / Regtech

HKMA Invites Tenders to Implement Data Automation, Analytics

By Editors | 24/02/2020

The HKMA is inviting tenders to provide the regulator implementation services for data automation and big data analytics.