Fintech / Regtech

Big Picture

Enterprise Ireland, Kapronasia Publish APAC Regtech Study

By Manesh Samtani | 23/06/2021

Lengthy procurement processes, cumbersome IT and security approvals, and implementation complexity are hindering APAC regtech adoption.

Fintech / Regtech

DBS Launches Automated Digital Bond Issuance Platform

By Editors | 23/06/2021

FIX Marketplace enables issuers to digitalise their bonds for direct issuance in the market, while allowing for direct interaction with investors.

AML / KYC

PBOC Directs Banks & Alipay to Stamp Out Crypto Activity

By Manesh Samtani | 22/06/2021

Financial institutions are asked to identify the capital accounts of crypto exchanges and OTC dealers, and cut off their payment channels.

Fintech / Regtech

China’s Sichuan Province Bans Crypto Mining Activity

By Sanday Chongo Kabange | 22/06/2021

Over 90% of China’s bitcoin mining capacity has effectively been shut down, after bans were imposed in key mining hubs in the country.

Fintech / Regtech

Malaysia, Thailand Establish Cross-border QR Payment Link

By Manesh Samtani | 21/06/2021

The first phase of the project, now complete, allows Thai users to make QR code payments to merchants in Malaysia, including for online e-commerce transactions.

Crypto / Digital Assets

Indian Banks to Develop Blockchain System for LCs

By Ranamita Chakraborty | 21/06/2021

The initiative will eliminate paperwork, reduce transaction processing time and offer a secure environment for processing LCs.

Crypto / Digital Assets

InvestHK Launches 2021 Fintech Fast Track Programme

By Sanday Chongo Kabange | 21/06/2021

Selected companies will be showcased prominently at Hong Kong Fintech Week 2021 which takes place from 1 to 5 November.

Fintech / Regtech

HKMA to Conduct Industry Stock-take on Fintech Adoption

By Editors | 21/06/2021

All licensed banks with significant operations in Hong Kong must prepare and submit a questionnaire on fintech adoption by 31 December.

Fintech / Regtech

HKMA Issues Practice Guide on Cloud-based Regtech Solutions

By Manesh Samtani | 20/06/2021

Guidance is provided on the use of APIs to address barriers to adoption created by legacy systems that are inflexible to change.