ADVERTISEMENT
Fintech / Regtech
Hong Kong Launches HKUST Institute for Financial Research
By Ranamita Chakraborty | 28/08/2024
The new research institute aims to address social and economic issues through financial research and technological innovation.
Big Picture
HKMA Highlights Power of AI to Mitigate Greenwashing Risk
By Manesh Samtani | 28/08/2024
HKMA published a bulletin offering guidance to FIs on the use of AI-powered ESG tools to help manage climate greenwashing risk.
Fintech / Regtech
Korea: FSC Chairman Pledges Support for AI Initiatives
By Editors | 28/08/2024
Kim Byoung-hwan said regulations will be relaxed to ensure the financial sector leads Korea’s push to become a top-three global leader in AI.
Fintech / Regtech
Westpac to Expand Anti-Scam Feature to Institutional Clients
By Sanday Chongo Kabange | 28/08/2024
Westpac’s institutional and government clients will be able to run a check on payee details before making payments.
Fintech / Regtech
CBA, BNY Enable Real-Time Cross-Border Payments
By Sanday Chongo Kabange | 27/08/2024
The new arrangement enables the AUD leg of inbound cross-border payments to be processed in under a minute.
Fintech / Regtech
HKMA Announces New Data Linkage to Boost SME Finance
By Sanday Chongo Kabange | 27/08/2024
Banks can access information on SMEs from Hong Kong’s Companies Registry via HKMA’s CDI platform.
Fintech / Regtech
Cambodia Launches Bakong App for International Travellers
By Nithya Subramanian | 27/08/2024
The Bakong Tourists App is expected to help promote tourism while also encouraging greater use of the local currency.
Fintech / Regtech
Five Groups Seeking Virtual Bank Licence in Thailand – Reports
By Editors | 27/08/2024
The applicants reportedly include a joint venture between Siam Commercial Bank, China’s WeBank and Korea’s KakaoBank.
AML / KYC
Taiwan Banks to Allow Companies to Open Accounts Digitally
By Editors | 26/08/2024
The FSC said banks should allow “all types” of non-individual clients to open digital deposit accounts, provided appropriate verification, controls and monitoring are in place.
Fintech / Regtech
Switzerland Introduces Instant Payments for Major Banks
By Ranamita Chakraborty | 26/08/2024
The SNB and SIX said instant payments will likely form the basis for further innovation in payment transactions moving forward.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team