Fintech / Regtech

AML / KYC

Taiwan Launches Campaign to Drive Anti Fraud Innovation

By Sanday Chongo Kabange | 31/01/2024

The campaign will use seminars, co-creation workshops, and pilot testing to promote innovative approaches to combatting fraud.

Fintech / Regtech

CFTC Consults on AI Uses and Risks in Derivatives Markets

By Editors | 30/01/2024

Responses will inform analysis on whether the CFTC should issue guidance or regulations on the use of AI in derivatives markets.

Fintech / Regtech

BOT, SET Push New Digital Payments Infrastructure on Businesses

By Sanday Chongo Kabange | 30/01/2024

The BOT and SET are promoting the use of a new payment infrastructure called “PromptBiz” to facilitate the digitalisation of the business sector.

Big Picture

Central Banks at Vanguard of AI Innovation: BIS Paper

By Ranamita Chakraborty | 30/01/2024

New BIS paper calls for central banks, who have been early adopters of machine learning, to improve infrastructure and expertise.

Fintech / Regtech

BNM, CyberSecurity Malaysia to Tackle Cyber Risks in Financial System

By Ranamita Chakraborty | 29/01/2024

BNM partners CyberSecurity Malaysia for seamless information sharing, best practices exchange, and technical support to address emerging cyber risks.

AML / KYC

Samlit Moneychanger Sued After China Police Freezes Funds: Report

By Nithya Subramanian | 29/01/2024

While three Chinese nationals working in Singapore alleged breach of agreements and sought compensation. Samlit said it fulfilled all its obligations.

Fintech / Regtech

Taiwan Won’t Reopen Applications for Online-only Insurers

By Editors | 27/01/2024

Applications submitted in 2022 were not approved. Following a “comprehensive assessment”, the FSC said it will not reopen applications.

Crypto / Digital Assets

Hong Kong’s GF Securities Launches Tokenised Bonds

By Nithya Subramanian | 26/01/2024

The securities firm said that the tokenised bonds which are available to institutional investors, can be safely transacted and stored in client wallets.

Securities / Derivatives

CFTC Warns Investors of AI-driven Scams

By Nithya Subramanian | 26/01/2024

Investors are warned against falling prey to fraudsters who claim to be able to generate huge returns using bots and other AI-assisted technology.