Fintech / Regtech

Fintech / Regtech

HKMA Emphasises Consumer Protection in Big Data Analytics, AI Use

By Editors | 06/11/2019

New HKMA guidance for banks using big data analytics and AI applications focuses on four major areas: governance and accountability; fairness; transparency and disclosure; and data privacy and protection.

Big Picture

Tokenisation Could Revolutionise Traditional Finance: ASIFMA

By Editors | 06/11/2019

Tokenised securities will impact traditional finance and act as a bridge between legacy finance and the new digital world, taking benefits from each system, ASIFMA says in a new white paper.

Fintech / Regtech

Bursa Malaysia Completes SBL Proof-of-Concept Using Blockchain

By Editors | 06/11/2019

The POC was a test of a private-permissioned blockchain-driven solution for securities borrowing and lending that can enhance market discovery, efficiencies and transparency.

Fintech / Regtech

S. Korea Establishes Legal Basis for P2P Lending Businesses

By Editors | 05/11/2019

Korea has passed new legislation establishing a legal basis for the operation of P2P lending businesses and the regulatory oversight role of the FSC and FSS.

AML / KYC

OCBC Enables Instant Bank Account Opening for Startups

By Editors | 05/11/2019

OCBC Enables Instant Bank Account Opening for Startups

Fintech / Regtech

China Adopts Certification System for Fintech Products

By Editors | 04/11/2019

For certification, fintech products will be subject to testing and inspection for safety, quality assurance and product consistency.

Fintech / Regtech

Hong Kong Enables Govt Bill Payment Via FPS QR Code

By Editors | 04/11/2019

Bills related to tax, government rates and rent, and water will be issued with FPS QR codes moving forward.

Fintech / Regtech

PBOC Unveils 40 Measures to Develop Shanghai Fintech Sector

By Editors | 04/11/2019

Among the key measures announced by PBOC Shanghai is the possible introduction of a regulatory sandbox, drawing on international practice.

Fintech / Regtech

HKMA Offers High-level Guidance for Banks on AI Use

By Editors | 02/11/2019

The high-level principles cover governance, application design and development, and ongoing monitoring and maintenance of banks’ AI applications.