Fintech / Regtech

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.

Crypto / Digital Assets

BIS to Explore Tokenisation of Promissory Notes Used to Funds MDBs

By Editors | 15/01/2024

Project Promissa intends to simplify the management of the notes and provide a single source of truth for all counterparties throughout the notes’ lifecycles

Fintech / Regtech

BSP Grants Direct PhilPaSSplus Access to First Nonbank EMI

By Sanday Chongo Kabange | 12/01/2024

OmniPay’s direct access to PhilPaSSplus allows it to make efficient and low-risk funds transfers using central bank rails.

Fintech / Regtech

Two New Digital Banks Approved for Launch in Malaysia

By Manesh Samtani | 10/01/2024

Boost Bank and AEON Bank received regulatory approval to begin digital banking operations. They were two of five applicants granted licences in 2022.

Fintech / Regtech

BSP Proceeds With Soft Launch of New ITRS System

By Editors | 09/01/2024

The soft launch of the new International Transaction Reporting System commenced as planned on 8 January. Full implementation is deferred from April to June.

Market Infrastructure

GIFT City Regulator Directs IBUs to Improve Cross-border Payments

By Ajoy K Das | 09/01/2024

IFSC Banking Units are asked to use Swift GPI and to explore how they can further speed up their processing of cross border payments.

Crypto / Digital Assets

HK Spot Crypto ETFs to Drive Collaboration with TradFI Firms

By Nithya Subramanian | 09/01/2024

With regulatory safeguards in place, the success of crypto ETFs hinges on institutional interest tied to market conditions, including crypto valuations.

Fintech / Regtech

Korea FSC to Launch New Microfinance Assistance Platform

By Sanday Chongo Kabange | 08/01/2024

The new online platform will help users find suitable microfinance products based on their financial needs and situation.

Fintech / Regtech

Taiwan Reports Progress on Industry Use of Digital Identity Solutions

By Mark Johnston | 07/01/2024

The FSC said the financial industry is gradually introducing digital identity verification solutions following the issuance of new guidelines in October.