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Fintech / Regtech
EU Commission Establishes Artificial Intelligence Office
By Editors | 30/05/2024
The new Office is preparing guidelines on AI system definitions and prohibitions, and preparing to draw up codes of practice for general-purpose AI models.
ESG / Sustainability
HKMA Launches Beta Platform for Physical Risk Assessments
By Sanday Chongo Kabange | 30/05/2024
The cloud-based platform enables banks to assess the physical risks of climate change on residential and commercial buildings.
Big Picture
BIS Explores GenAI Use to Boost Central Bank Cybersecurity
By Editors | 30/05/2024
Existing IT staff at central banks may not be fully prepared to handle the fast and disruptive innovations associated with GenAI.
Fintech / Regtech
Singapore Launches Digital Enterprise Blueprint for SMEs
By Nithya Subramanian | 30/05/2024
The DEB will support SMEs in making full use of their existing digital capabilities and help them adopt AI-enabled solutions.
Fintech / Regtech
BSP Eyes Open Finance Platform for Pensions, Insurance
By Mark Johnston | 28/05/2024
The open finance platform will use APIs to support access to different pension and insurance products and boost financial inclusion.
Fintech / Regtech
MAS Released New Project MindForge Whitepaper
By Editors | 28/05/2024
Building on the FEAT Principles and Veritas Methodology, the paper introduces a “platform-agnostic” reference architecture for responsible GenAI adoption.
AML / KYC
Bursa Malaysia Launches API Gateway to Streamline Onboarding
By Nithya Subramanian | 28/05/2024
The new API Gateway will streamline onboarding and speed up CDS account opening, updating and reactivation.
Fintech / Regtech
“Ecosystem Approach” Vital to Combat Digital Fraud: HKMA
By Nithya Subramanian | 23/05/2024
Coordinated global efforts and information sharing initiatives are becoming more commonplace to combat fraud, but there is still work to do, said HKMA’s Carmen Chu.
Fintech / Regtech
Swift Enables Banks to Improve Services for Corporates
By Editors | 22/05/2024
Swift will extend ISO 20022 across the entire payment chain, and provide ready-to-use, white-labelled payment tracking services via API.
Securities / Derivatives
DTCC Completes Blockchain Pilot for Mutual Fund Data
By Editors | 22/05/2024
The pilot explored the feasibility of delivering NAV data for mutual funds across different blockchain networks.
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