FINTECH / REGTECH

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    Fintech / Regtech

    Swift Cross-Border Payment Speeds Ahead of G20 Targets – Report

    By Mark Johnston | 22/10/2024

    A Swift report says  90 percent of cross-border payments made over its network now reach the destination bank within an hour.

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    FSB Reports on Progress to Enhance Cross-border Payments

    By Manesh Samtani | 22/10/2024

    Adoption of the LEI in cross-border payments remains a challenge. Progress toward achieving targets has been limited across wholesale, retail, and remittances.

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    Fintech / Regtech

    Hong Kong’s AI Leap: Exploring the New Model Framework

    By Daniel Ng | 22/10/2024

    Daniel Ng, Charlton Lin and Gigi Chang discuss the PCPD’s Model Personal Data Protection Framework for AI and the future regulatory landscape for AI and data security in Hong Kong.

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    Fintech / Regtech

    PBOC Forges Ahead with Market Opening, Offshore Use of Yuan

    By Editors | 22/10/2024

    Lu Lei says the PBOC will stay steadfast on further opening up the market for more foreign participation, and promote the interlinking of payment systems.

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    BIS Report Offers Considerations for Central Banks on Tokenisation

    By Editors | 22/10/2024

    The report discusses the opportunities, risks, and policy implications of token arrangements for central banks and the global financial system.

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    Fintech / Regtech

    UK Government Consults on Legislation to Regulate BNPL

    By Editors | 21/10/2024

    BNPL providers will have to ensure consumers receive clear information, avoid unaffordable borrowing, and have strong rights when issues arise.

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    Fintech / Regtech

    FCA Launches “AI Lab” to Support Financial Sector Innovation

    By Manesh Samtani | 20/10/2024

    The FCA’s Jessica Rusu said the AI Lab will help firms overcome challenges they face in building and implementing AI solutions.

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    Fintech / Regtech

    NYDFS Issues Guidance on Combatting AI-Related Cyber Risks

    By Nithya Subramanian | 18/10/2024

    The guidance highlights four key threats arising out of AI and offers recommendations on security controls and mitigation measures.

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    Fintech / Regtech

    Singapore CSA Launches Guidelines for Deploying AI Systems

    By Nithya Subramanian | 18/10/2024

    New Guidelines and Companion Guide aim to help firms securely adopt AI tech and guide decision-makers on security controls and best practices.

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    Fintech / Regtech

    Wise Granted Approval to Join Japan’s Zengin Network

    By Editors | 18/10/2024

    Wise is the first non-bank and the first foreign financial company to be granted approval to join the Zengin payment network.

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