Fintech / Regtech

Fintech / Regtech

Singapore to Launch Scam Loss Sharing Framework in December

By Nithya Subramanian | 25/10/2024

FIs have five duties under the framework, including a newly added requirement to implement real-time fraud surveillance.

Fintech / Regtech

Korea to Conduct Cybersecurity Exercise for Non-bank Financial Firms

By Manesh Samtani | 25/10/2024

A blinded cybersecurity exercise using white-hat hackers will be conducted to test the response capabilities of securities, insurance, and card companies.

Fintech / Regtech

SFC Extends Parallel Run Period for New e-IP Platform

By Manesh Samtani | 25/10/2024

The SFC said the extension is to facilitate user experience enhancements on the new application and submission system for investment products.

Fintech / Regtech

Australia Issues Framework for Addressing Real-world Impacts of AI

By Thisanka Siripala | 24/10/2024

The AI Impact Navigator aims to assist businesses in measuring, managing, and reporting the real-world impacts of their AI systems.

Fintech / Regtech

Australia Launches Cyber Resilience Service for Small Businesses

By Thisanka Siripala | 24/10/2024

The service, operated by IDCARE, will offer one‑on‑one assistance to help small businesses navigate cyber challenges and bolster their cyber resilience.

Fintech / Regtech

US CFPB Finalises Open Banking Rule, Giving Consumers Control Over Data

By Nithya Subramanian | 24/10/2024

The new rule aims to promote competition, improve services, and enhance privacy protections for consumers, but some banking groups have challenged it.

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.