Fintech / Regtech

Fintech / Regtech

Korea FSS Announces Plans to Transform Supervisory Processes

By Thisanka Siripala | 19/03/2025

The digital transformation plan includes AI-based risk monitoring, a paperless regulatory framework, and a cloud-based collaboration system.

Crypto / Digital Assets

Nomura Issues Japan’s First Digital Bonds Using DVP Settlement

By Thisanka Siripala | 19/03/2025

Nomura also revealed that DCJPY was used in place of fiat currency in a PoC to test digital currency settlement for digital bonds.

Fintech / Regtech

OJK Indonesia Issues Rules for Financial Service Aggregation Providers

By Mark Johnston | 18/03/2025

Aggregation services facilitate consumers in comparing, selecting, and/or using financial products and services that match their profiles and/or needs.

Fintech / Regtech

Cambodia, Thailand Partner With UnionPay on Cross-Border Payments

By Mark Johnston | 18/03/2025

Users of Cambodia’s Bakong app can make cross-border payments by scanning UnionPay and WeChat Pay QR codes.

AML / KYC

Crypto and Fintech Are Reshaping Terrorist Financing – Report

By Nithya Subramanian | 18/03/2025

The Global Terrorism Index 2025 reveals that cryptocurrencies, AI deepfakes, and illicit gold mining are providing new revenue streams for terrorist organisations.

Fintech / Regtech

Indonesia Launches QRIS Tap for Faster, Contactless Payments

By Nithya Subramanian | 18/03/2025

The central bank initiative aims to boost financial inclusion and accelerate digital payment adoption across Indonesia.

AML / KYC

Korea Rolls Out Nationwide Mobile Resident Registration Card

By Thisanka Siripala | 18/03/2025

The initiative allows residents to access digital identification through their smartphones for use in activities such as bank account opening.

AML / KYC

Taiwan Unveils Prototype of New Digital Identity Wallet

By Mark Johnston | 18/03/2025

The digital identity wallet will enable banks and insurance firms to save time and resources verifying the identities of customers.

Fintech / Regtech

FSS Korea Meets with FinTech CEOs to Outline Supervisory Plans

By Thisanka Siripala | 18/03/2025

The meeting included executives from major fintech firms such as Kakao Pay, Toss Payments, Coupang Pay, and Naver Financial.