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Fintech / Regtech
Singapore Streamlines Payment Firms’ Access to Legal Services
By Editors | 09/09/2019
The initiative will help connect the payments industry with specialist law firms through a streamlined process to help them comply with the new Payment Services Act.
Fintech / Regtech
Korea Eases Fintech Investment Rules for Financial Firms
By Editors | 05/09/2019
Under new guidelines, rules limiting how much financial firms can invest in non-financial sector tech firms will be lifted, and investment will be allowed in a wider range of fintech firms.
Fintech / Regtech
India Government Panel Pushes for Fintech, Regtech Adoption
By Editors | 04/09/2019
The panel has also proposed the development of a marketplace model for P2P lending, and the introduction of virtual banking in India.
Market Infrastructure
ACCC Calls for Lower Fees, More Competition in FX Services
By Editors | 03/09/2019
An ACCC inquiry found that consumers continue to rely on the big four banks for FX services despite the availability of much cheaper alternatives.
Capital / Liquidity
HKMA Allows Lenders to Expand Use of Tech in Retail Lending
By Editors | 30/08/2019
The HKMA is allowing lenders to further develop business involving the use of innovative financial technology to assess and approve personal loan applications.
Fintech / Regtech
MAS Opens Applications for Digital Bank Licences
By Editors | 30/08/2019
Successful applicants will be announced in mid-2020, with the expectation that they meet MAS requirements and commence business by mid-2021.
Fintech / Regtech
ACCC Invites Firms to Test Open Banking Data Sharing
By Editors | 27/08/2019
The ACCC is seeking participants to help it test the data-sharing ecosystem under the consumer data right, which was passed into law earlier this month.
Fintech / Regtech
Uncovering the Terms and Conditions for Technology
By Max Kantelia | 27/08/2019
Legislators and industry leaders need to work together to ensure the benefits of innovation do not come at the cost of fairness, choice, and privacy, says Zilliqa co-founder Max Kantelia.
Fintech / Regtech
China to Accelerate Development of Fintech Regulatory Framework
By Editors | 27/08/2019
The PBOC said it will accelerate the development of a regulatory framework for fintech in a bid to promote China as a world leader in financial technology.
Crypto / Digital Assets
Japanese Crypto Exchange Operator to Close Shop
By Editors | 24/08/2019
Tech Bureau Corp – the ex-operator of hacked exchange Zaif – will become the first FSA-registered crypto exchange operator to shut down its operations.
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