Fintech / Regtech

Big Picture

WEF Publishes Report Outlining Capital Market Use Cases of DLT

By Sanday Chongo Kabange | 10/05/2021

The report calls for a balance between innovation and market safeguards through standardisation, the breaking down of silos and regulatory engagement.

Fintech / Regtech

Australia Set to Announce A$1.2bn Digital Economy Strategy

By Editors | 10/05/2021

The full strategy will be released on 11 May, and include investments in artificial intelligence, cyber security, the CDR rollout, and Australia’s digital identity system.

ESG / Sustainability

BIS Innovation Hub, Bank of Italy Launch G20 TechSprint

By Editors | 08/05/2021

Private firms are invited to develop technological solutions to address operational problems in green and sustainable finance.

Fintech / Regtech

Electronic Transactions Association Offers CBDC Guidelines

By Sanday Chongo Kabange | 07/05/2021

The trade association says governments should carefully consider 7 guiding principles when considering the introduction of a CBDC.

Fintech / Regtech

MAS Launches FinTech Hackcelerator Focused on Green Finance

By Editors | 06/05/2021

Fintech firms and solution providers are invited to submit innovative solutions to address any of 52 problem statements related to green finance.

Fintech / Regtech

Australia Considers Making CDR Data More Portable

By Editors | 06/05/2021

Under draft rules, accredited businesses would be able to share CDR data with their agents, or sponsor other parties to become accredited.

Fintech / Regtech

NPP Australia Implements Data-Rich Messaging Standards

By Ranamita Chakraborty | 05/05/2021

NPP participating FIs can receive payment messages formatted with additional defined data elements for payroll, tax, superannuation and e-invoicing.

Fintech / Regtech

BSP Expects New Digital Banks to Launch in H2 2021

By Ranamita Chakraborty | 05/05/2021

The BSP has received four applications for digital bank licences, including two from thrift banks that wish to convert their existing licences.

AML / KYC

Thailand to Tighten Crypto Exchange Account Opening Rules

By Sanday Chongo Kabange | 05/05/2021

Crypto exchanges will reportedly be required to verify customers’ identities using special machines that require Thai national IDs and physical presence.