Fintech / Regtech

Fintech / Regtech

WEF Summit: AIGA Calls for Inclusive Access to AI

By Ranamita Chakraborty | 19/01/2024

At the World Economic Forum 2024 summit, AI Governance Alliance urges action on governance gaps for an inclusive future.

Fintech / Regtech

Australia to Establish Risk-based Guardrails for AI Development

By Editors | 18/01/2024

The government will establish mandatory guardrails to promote the safe design, development and deployment of AI systems.

Fintech / Regtech

Taiwan Advances to Third Phase of Open Banking

By Editors | 18/01/2024

The third phase of open banking covers transactions involving deposits, credit cards, loans, payments and mobile phones.

Market Infrastructure

Google Pay and India’s NIPL Ink Pact to Expand UPI Globally

By Ajoy K Das | 18/01/2024

The partnership aims to help Indian travellers make payments overseas, develop UPI-like models in foreign countries and ease cross-border remittances.

Fintech / Regtech

Malaysia Issues Exposure Draft on Currency Processing Business

By Mark Johnston | 18/01/2024

The exposure draft covers key areas such as governance, operational requirements, risk management and IT requirements for currency processors.

Fintech / Regtech

Financial Sector Urged to Develop AI Governance Frameworks

By Ranamita Chakraborty | 17/01/2024

Industry experts are calling upon the financial sector to proactively prepare for GenAI regulation, considering technological advancements and ethical considerations.

Fintech / Regtech

RBI Issues Draft Norms for Fintech SROs

By Ajoy K Das | 16/01/2024

Fintech SROs must strike a balance between facilitating innovation and implementing regulatory requirements that protect consumers and contain risks.

Fintech / Regtech

AI Tightrope: Striking the Balance Between Rapid Deployment and Safety

By Ranamita Chakraborty | 16/01/2024

Experts weigh in on safety considerations for AI deployment amid a lack of specific regulation, especially for the financial sector.

Fintech / Regtech

BIS to Study Financial Crime Detection in Retail Payments

By Editors | 15/01/2024

Project Hertha will map financial crime typologies in real-time payment systems, and build a synthetic dataset to test identification of the typologies.