Fintechs, solution providers and developers are invited to submit unique solutions that can simplify payment authorisations for the UPI.
The PBOC told regional banks to focus on serving local customers and to not accept deposits from customers outside their regions.
In a new research paper, the BOK discusses key issues relevant to the issuance of a CBDC, including its design elements and legal and policy implications.
Bursa’s datasets and analytics capabilities will enable Alliance Bank to identify issues at SMEs and proactively recommend relevant solutions and advise on financing.
The Association of Banks in Singapore says PayNow has been made available to non-bank financial institutions for the first time since its launch in 2017.
The rules prohibit platform operators from abusing their market dominant positions through behaviour designed to reduce or restrict competition.
The partnership will connect SGX’s and Trumid’s bond trading platforms to enhance liquidity and execution in the Asian bond market for global clients.
Bitkub needs to address five major issues before it can resume onboarding new clients, after high volume trading disrupted its systems in January.
Toss Bank was awarded a preliminary licence to operate an internet-only bank in December 2019. It plans to launch operations in mid-2021.
The FSC's 2021 policy agenda for the financial sector will include measures to bolster risk management while also strengthening competitiveness and facilitating digital innovation.
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