Fintech / Regtech

Big Picture

US Treasury Reports on Findings from Artificial Intelligence RFI

By Manesh Samtani | 20/12/2024

The report outlines key recommendations based on the responses to the RFI and next steps to be considered by policymakers and FIs.

Fintech / Regtech

HKMA Announces First Batch of GenAI Sandbox Participants

By Sanday Chongo Kabange | 20/12/2024

15 use cases from 10 banks and 4 technology partners were selected. Technical trials will commence in early 2025.

Fintech / Regtech

HKEX Launches New Data Marketplace for Investors

By Sanday Chongo Kabange | 19/12/2024

“HKEX Data Marketplace” will allow data users to access historical and reference data on securities and derivatives.

Fintech / Regtech

Singapore, Australia Sign MOU to Expand Cooperation on AI

By Editors | 18/12/2024

Singapore’s Josephine Teo said the MOU opens new doors for AI collaboration across research institutes, businesses and government.

Crypto / Digital Assets

Ripple Launches USD Stablecoin on Global Crypto Exchanges

By Editors | 18/12/2024

RLUSD is backed by USD deposits, US treasuries and cash equivalents. Third-party attestations of the reserve assets will be published monthly.

Fintech / Regtech

SC Malaysia, CGC Group Partner to Boost MSME Financing

By Sanday Chongo Kabange | 17/12/2024

The SC will collaborate with CGC Group and CGC Digital to enhance access for MSME and MTC to capital market financing solutions.

Crypto / Digital Assets

Bank Indonesia Completes Stage One PoC Testing for CBDC

By Manesh Samtani | 17/12/2024

Bank Indonesia published a report presenting the PoC findings and outlining focus areas for future exploration, including digital securities.

Fintech / Regtech

Cambodia, Vietnam Launch Cross-Border QR Payments Linkage

By Sanday Chongo Kabange | 16/12/2024

The linkage allows Vietnamese and Cambodian visitors scan QR codes to make payments at merchants in each other’s countries.

Fintech / Regtech

Revised Outsourcing Rules for Banks Take Effect in Singapore

By Manesh Samtani | 16/12/2024

Banks and merchant banks have to maintain a register of outsourced services and re-perform due diligence within 2 years of engaging a service provider.

Fintech / Regtech

Model Risk Management at Japan Banks Gaining Sophistication: FSA

By Manesh Samtani | 15/12/2024

The FSA says FIs should continue refining their model risk management frameworks, prioritising AI-specific models.

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