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Big Picture
Significant Progress Made on Cross Border Payments: CPMI
By Manesh Samtani | 07/06/2024
More work is needed to integrate cross-border projects with domestic systems, and to extend the operating hours of key payment systems.
Crypto / Digital Assets
Project mBridge Ready for Live Transactions by Early Adopters
By Manesh Samtani | 06/06/2024
Private sector firms are invited to further develop the multi-CBDC platform by proposing new solutions and use cases.
Fintech / Regtech
Hackers Put Stolen Santander Data Up for Sale – Reports
By Editors | 05/06/2024
The hacking group reportedly stole 30 million customers’ bank account details and 28 million credit card numbers, among other information.
Market Infrastructure
BIS Launches New Project to Enhance Cross-border Payments
By Manesh Samtani | 05/06/2024
The project will explore a new automatic FX settlement layer solution for cross-border payments, using wCBDC as a settlement asset.
Securities / Derivatives
SEBI Launches Personal Finance App to Assist Investors
By Ajoy K Das | 05/06/2024
The app empowers investors with reliable and essential insights into the securities market, a SEBI director said at the launch.
Fintech / Regtech
New Zealand XRB Calls for Mandatory Digital Financial Reporting
By Sanday Chongo Kabange | 05/06/2024
The XRB says New Zealand should mandate digital financial reporting for entities that participate in financial markets.
Fintech / Regtech
DBS Experienced Service Disruption on Saturday – Report
By Nithya Subramanian | 04/06/2024
A spokesperson said a “small number” of users experienced network issues when accessing DBS/POSB digibank mobile services on Saturday.
AML / KYC
Korea to Develop AI Service to Counter Voice Phishing Scams
By Manesh Samtani | 04/06/2024
Authorities have agreed to share de-identified call data with private companies for use in developing AI services to prevent voice phishing scams.
Fintech / Regtech
CBA, JPM to Pilot Cross-border Bank Account Validation
By Nithya Subramanian | 04/06/2024
CBA’s pilot involves the sharing of limited payee account data through its NameCheck technology on JP Morgan’s Liink network.
Securities / Derivatives
Marketnode Set to Launch New Funds Settlement Infrastructure
By Editors | 04/06/2024
Fundnode will be ready within June with a network of partners including fund managers, wealth managers, and private banks.
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