Fintech / Regtech

Fintech / Regtech

NZ Banking Ombudsman Reports Spike in Scam Complaints

By Thisanka Siripala | 24/09/2024

The Ombudsman has called for mandatory codes of practice, a national anti-scam centre, and stronger compensation measures to protect consumers from evolving fraud tactics.

Crypto / Digital Assets

HKMA Commences Phase 2 of e-HKD Pilot Programme

By Manesh Samtani | 24/09/2024

Over 20 firms were selected to explore innovative use cases for e-HKD and tokenised deposits across three themes.

Crypto / Digital Assets

Korea to Start Testing CBDC Backed Deposit Tokens

By Editors | 24/09/2024

BOK will issue wholesale CBDC, which banks will convert to deposit tokens for use by 100,000 consumers for retail purchases.

Fintech / Regtech

HKMA Invites Banks to Apply for GenAI Sandbox Participation

By Manesh Samtani | 23/09/2024

The AI/GenAI sandbox trials will focus on three areas: risk management, anti-fraud measures, and customer experience.

Fintech / Regtech

Thailand Closes Applications for Virtual Bank Licences

By Nithya Subramanian | 23/09/2024

Five major groups are competing for just three licences. The licence winners will be announced by mid-2025.

Crypto / Digital Assets

HSBC Tests Post-Quantum Cryptography With Tokenised Gold

By Manesh Samtani | 21/09/2024

HSBC pilot-tested the ability to move gold tokens across different ledgers while protecting against quantum computing attacks.

Fintech / Regtech

Hong Kong to Announce AI Policy by End-October – Report

By Thisanka Siripala | 20/09/2024

The policy statement, expected to be released during Hong Kong FinTech Week, is intended to clarify the government’s supportive stance on AI technology.

Fintech / Regtech

Malaysia, Cambodia Launch Cross-border QR Payment Linkage

By Nithya Subramanian | 20/09/2024

The first phase will allow Cambodian users to make instant retail payments in Malaysia by scanning DuitNow QR codes.

Crypto / Digital Assets

UK Banks Complete Experimental Phase of Digital Money Project

By Mark Johnston | 20/09/2024

UK Finance and its member banks have successfully completed the experimental phase of a tokenisation and CBDC platform.