Fintech / Regtech

ESG / Sustainability

Singapore Launches Asian Institute of Digital Finance

By Manesh Samtani | 05/09/2021

The research institute has led efforts to develop a federated learning platform for SME credit analytics that is expected to launch by year-end.

Fintech / Regtech

Task Force Formed to Align Digital Token Identifier With ITSA Standard

By Editors | 04/09/2021

The task force was formed to examine synergies between Digital Token Identifiers and the technical identifiers issued by ITSA.

Fintech / Regtech

Chinese Investors to Gain Access to Digital Securities via ADDX

By Editors | 03/09/2021

Through the QDLP scheme, MAS-regulated ADDX will offer Chinese investors access to digital securities covering a broad range of asset types.

Fintech / Regtech

BIS, Four Central Banks Partner to Test Cross-Border CBDC Use

By Sanday Chongo Kabange | 03/09/2021

The BIS Innovation Hub Singapore Centre will test CBDCs for international settlements with the RBA, MAS, BNM and SARB.

Fintech / Regtech

PBOC Introduces New Business Reporting Rules for Payment Firms

By Editors | 02/09/2021

Nonbank payment firms must report new products and services, stock market listings, capital increases and other activities classified as ‘significant matters’.

Fintech / Regtech

RBI Halts Plan to Allow New Umbrella Entities in Retail Payments

By Editors | 01/09/2021

The decision is reportedly based on data security concerns following recent breaches at payment firms and non-compliance by global payment giants with India’s data localisation rules.

ESG / Sustainability

LSEG Launches Sustainable Finance Innovation Unit in Singapore

By Editors | 01/09/2021

The new unit is supported by MAS and will focus on creating sustainable finance capabilities across Singapore’s fintech ecosystem.

Fintech / Regtech

MAS Grants New Payment Services Licences to FOMO Pay

By Manesh Samtani | 01/09/2021

MAS has granted three new licenses to FOMO Pay, including a DPT services licence. More new licences are expected to be announced shortly.

Fintech / Regtech

Australia Payments System Review Exposes Regulatory Gaps

By Sanday Chongo Kabange | 31/08/2021

The review recommends enhancing the government’s powers to protect the payments system. A single, integrated licensing framework for payment services should also be introduced.