Fintech / Regtech

    Fintech / Regtech

    Digital-only Bank Announces Closure in Australia

    By Editors | 16/12/2020

    Xinja blamed Covid-19 and a difficult capital raising environment for its decision to exit banking. APRA will monitor the return of customer funds.

    Fintech / Regtech

    Japan FSA to Allow Banks Use Customer Data for Targeted Ads

    By Editors | 15/12/2020

    The FSA will reportedly allow local banks to use their customers’ data for targeted advertising and sales activities.

    Press Release

    Regulation Asia Awards for Excellence 2020 – Results Announcement

    By Editors | 15/12/2020

    Regulation Asia held its third annual Awards ceremony on 15 December 2020 to recognise those in the industry that have helped address changing regulatory requirements in Asia Pacific over the past year.

    Fintech / Regtech

    Improving Operational Resilience: A Priority for the Year Ahead

    By David LaFalce | 14/12/2020

    DTCC’s David LaFalce highlights the need for firms to remove manual processes, re-evaluate their interconnectedness, and seek out opportunities for industry collaboration.

    Crypto / Digital Assets

    MAS Grants DBS In-principle Approval to Set Up Digital Exchange

    By Manesh Samtani | 10/12/2020

    The DBS announcement came two days after SIX and SBI Digital Asset Holdings announced plans to launch a digital asset issuance platform, exchange and CSD venue by 2022.

    Fintech / Regtech

    Philippines: UnionBank, StanChart Complete Bond Tokenisation POC

    By Editors | 10/12/2020

    A dual tranche issuance totalling PHP 9 billion was mirrored on a bond tokenisation platform co-created by UnionBank and SC Ventures.

    AML / KYC

    Combatting TBML Through Collaboration and Technology

    By Henry Roxas | 09/12/2020

    R3’s Henry Roxas describes the complexities of trade-based money laundering in Asia and the importance of collaboration to tackle the problem once and for all.

    Big Picture

    Financial Services Driving Growth in Singapore Blockchain Use

    By Editors | 09/12/2020

    The Singapore Blockchain Ecosystem Report 2020 says the use of blockchain in Singapore’s financial sector is driven by industry collaboration to address common pain points.

    Fintech / Regtech

    Singapore, Thailand to Enable Instant Payments Link by Mid 2021

    By Manesh Samtani | 08/12/2020

    Described as “the first-of-its-kind in the world”, the link will enable instant money transfers between Singapore’s PayNow and Thailand’s PromptPay.

    Uncategorised

    Singapore Launches Regional Research Institute for Digital Finance

    By Editors | 07/12/2020

    One of the Asian Institute of Digital Finance’s first projects is to build a data-sharing platform that can train models to improve credit assessments, said Deputy Prime Minister Heng Swee Keat.

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