Fintech / Regtech

Fintech / Regtech

BIS, Six Central Banks to Jointly Explore CBDC Use Cases

By Editors | 22/01/2020

The group will assess CBDC use cases; economic, functional and technical design choices, including cross-border interoperability; and share knowledge on emerging technologies.

Fintech / Regtech

Digital Identities: A Game Changer for Singapore Banking

By Jamie Lloyd Evans | 21/01/2020

Industry veteran Jamie Lloyd Evans discusses the introduction of digital identities in Singapore, and what it could mean for banking.

Fintech / Regtech

Former CFTC Chair Launches Digital Dollar Project with Accenture

By Editors | 20/01/2020

The Digital Dollar Project is a multi-stakeholder initiative to explore options for creating a US dollar CBDC, which would coexist with other Federal Reserve liabilities.

Crypto / Digital Assets

Malaysia Issues New Guidelines on Digital Assets

By Editors | 16/01/2020

The guidelines require platform operators to carry out due diligence on prospective issuers of digital tokens, and issuers to satisfy governance and capital requirements.

Fintech / Regtech

EBA Details Roll-out Challenges of Big Data, Advanced Analytics

By Editors | 16/01/2020

The EBA has identified four key pillars necessary to support the rollout of advanced analytics in the banking sector, along with a set of ‘elements of trust’.

Crypto / Digital Assets

Japan FSA to Limit Crypto Leverage to 2x Deposits – Report

By Editors | 15/01/2020

The rule will be stricter than the 4x leverage limit imposed by the Japan Virtual Currency Exchange Association, the industry’s self-regulatory organisation.

Fintech / Regtech

China to Introduce New Rules for Online-only Banks – Report

By Editors | 15/01/2020

The framework will enable foreign banks in China to set up separate digital banking platforms, while also covering existing online-only banks WeBank, MYbank and AiBank.

Fintech / Regtech

RBI Amends Penalties Framework for Payments System Operators

By Editors | 14/01/2020

The new penalty for violations will be capped at 500,000 rupees, or double the amount of contravention, whichever is higher.

Fintech / Regtech

Singapore Fintech Awarded Philippine Licence to Operate Digital Bank

By Editors | 14/01/2020

TONIK Digital Bank will be the first “pure-play” digital bank in Southeast Asia, focusing on retail deposits and consumer loans.