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Fintech / Regtech
Hong Kong Digital Banks Gaining Public Trust and Adoption: HKAB
By Mark Johnston | 24/10/2024
A recent survey by the Hong Kong Association of Banks reveals a surge in public trust and awareness of digital banks in the city.

Fintech / Regtech
HKMA Launches Developer Platform for IADS Initiative
By Manesh Samtani | 24/10/2024
The platform provides test data and simulated APIs to facilitate collaboration between banks and tech firms to develop data-driven products and services.

Fintech / Regtech
SFC to Consider Recommendations on Streamlining Workflows
By Manesh Samtani | 24/10/2024
In response to the latest report from the Process Review Panel, the SFC said it would explore expanding WINGS to the Corporate Finance Division.

Fintech / Regtech
Australia DTA Releases Results of GenAI Trials in Government
By Sanday Chongo Kabange | 24/10/2024
The DTA says the insights obtained from the trial will inform the ongoing safe and responsible adoption of GenAI across the Australian public service.

Fintech / Regtech
SFC Clarifies Information Filing Requirements for New Funds Platform
By Manesh Samtani | 23/10/2024
Fund managers will not be required to file information separately to the IFP’s information portal if they have already filed such information with the SFC.

Fintech / Regtech
CBM Inspects MyanmarPay Pilot Ahead of December Launch
By Nithya Subramanian | 23/10/2024
The national project aims to integrate QR payments across banks and financial service providers, with phased testing currently underway.

Crypto / Digital Assets
FSB Chair Updates G20 on Work to Maintain Financial Stability
By Manesh Samtani | 23/10/2024
The FSB published a report on the financial stability implications of tokenisation and a progress update on the G20 Crypto-Asset Policy Implementation Roadmap.

Fintech / Regtech
Australia Publishes New AI Guidance Addressing Privacy Compliance
By Editors | 22/10/2024
The guidance includes information for developers that use personal information to train generative AI models.

Fintech / Regtech
Swift Cross-Border Payment Speeds Ahead of G20 Targets – Report
By Mark Johnston | 22/10/2024
A Swift report says 90 percent of cross-border payments made over its network now reach the destination bank within an hour.

Big Picture
FSB Reports on Progress to Enhance Cross-border Payments
By Manesh Samtani | 22/10/2024
Adoption of the LEI in cross-border payments remains a challenge. Progress toward achieving targets has been limited across wholesale, retail, and remittances.
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