FINTECH / REGTECH

    AML / KYC

    South Korea Mulls Machine-Readable Regulation

    By Garima Chitkara | 12/09/2018

    FSS governor told fintech firms the regulator is considering machine readable regulation and automated data analysis systems to better detect and investigate financial crimes.

    Fintech / Regtech

    The Use of Regulatory Sandboxes in Europe and Asia

    By Claus Christensen | 06/09/2018

    Asia presents a unique mix of technological advancements and interconnected economic and regulatory systems, which makes it the perfect environment for rapid business growth for fintech/regtech companies with ambitious goals.

    Fintech / Regtech

    PBOC Trials Blockchain-based Trade Finance in Shenzhen

    By Editors | 05/09/2018

    Testing phase of new platform deployed at financial institutions including BOC, CCB, CMB, Ping An and StanChart, in a bid to boost efficiency of trade and financing activities.

    Market Infrastructure

    ASX Defers CHESS Replacement by Six Months to Ensure Readiness

    By Manesh Samtani | 05/09/2018

    ASX deferred the earliest go-live date for new DLT-based system to target March-April 2021; will provide additional six months for user development and testing, industry testing and accreditation.

    Fintech / Regtech

    HKMA Receives 29 Bids for First Round of Virtual Bank Licences

    By Garima Chitkara | 03/09/2018

    Standard Chartered, WeLab, Zhong An Bank and HKT among several banking, technology and telecom firms applying for virtual banking licenses.

    Fintech / Regtech

    Xiaomi Seeks Entry to India Payments Market

    By Editors | 30/08/2018

    The Chinese smartphone maker is conducting tests for its upcoming payments service in India, which is set to be powered by the UPI, if approval is granted by the RBI.

    Fintech / Regtech

    The Time for Cloud in Financial Services

    By Krishan Chauhan | 29/08/2018

    Digital transformation of financial services is well underway, driving the demand for new and innovative solutions such as blockchain and artificial intelligence. These technologies require an ever-increasing set of computational power, storage, and analysis that can be seamlessly provisioned by the cloud.

    Fintech / Regtech

    The Future of Equity Crowdfunding in Hong Kong

    By Kristi Swartz | 29/08/2018

    Equity crowdfunding may not have specific regulations in Hong Kong, but it is potentially subject to restrictions and barriers to entry under existing rules. Yet, there is room to work alongside regulators to develop and test new products in this market.

    Fintech / Regtech

    Nikko Set to Enter New Zealand’s Robo Advice Market

    By Manesh Samtani | 29/08/2018

    New Zealand’s FMA has granted an exemption allowing Nikko to enter the robo-advice market; new digital platform to be launched later this year.

    AML / KYC

    Samsung SDS Announces Blockchain-based ID Verification Platform

    By Manesh Samtani | 29/08/2018

    Developed in collaboration with the Korea Federation of Banks, BankSign allows customers to use multiple banks’ mobile apps, once a co-verification certificate is obtained from a single bank.

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