Fintech / Regtech

The open banking initiative could be put in jeopardy if data is not sufficiently secured, say Peter Lancos, Jonathan Naismith and Suraj Nittoor at Exate Technology.

The regulator says it is engaging relevant stakeholders to ascertain the unique value that such virtual bank entrants could bring to Singapore's banking landscape.

Working with bank stakeholders, Bursa Malaysia is developing Southeast Asia's first blockchain proof-of-concept for securities borrowing and lending.

Open banking, digital banking, cloud-based infrastructure and RegTech are the key drivers of technology-led change in the Australian banking sector, according to S&P Global Ratings.

The HKMA encourages authorised institutions to adopt the PCPD's Ethical Accountability Framework in the development of fintech products and services.

As tax reporting requirements grow increasingly complex, automation is making compliance cheaper, quicker and more efficient, says a new report from Regulation Asia and BearingPoint.

Nine new fintech firms have been approved to enter the FSC's regulatory sandbox, bringing the total number of participating firms to 18.

MAS and the Bank of Canada linked up experimental payment networks despite their being built on two different DLT platforms.

Following the collapse of P2P platform Tuandai.com in March, Chinese authorities have arrested 41 people connected to the platform, including its owners.

Eight out of 44 applicant firms have passed an initial screening by GFIN members, and will now develop testing plans for regulators to consider and approve.