Fintech / Regtech

Fintech / Regtech

Korea Allows Foreigners with Digital IDs to Open Bank Accounts

By Nithya Subramanian | 25/03/2025

Six banks will initially allow foreign nationals in Korea to use the mobile version of their foreigner registration cards to access financial services.

Sanctions

Crypto Industry Seeking More Guidance on Sanctions Implementation

By Manesh Samtani | 25/03/2025

A lack of guidance for the virtual asset industry is undermining the effectiveness of sanctions, according to roundtable participants.

Fintech / Regtech

Taiwan FSC Issues Cyber & Audit Rules for Electronic Payment Firms

By Nithya Subramanian | 24/03/2025

The amendments mandate stricter internal audits and require large electronic payment institutions to establish dedicated cybersecurity units.

Crypto / Digital Assets

Australia Outlines Next Steps for Digital Asset Regulation

By Thisanka Siripala | 24/03/2025

A framework for digital asset platforms will be established, covering trading platforms, custody products, some brokerage arrangements, and certain other services.

Fintech / Regtech

IOSCO Launches New Portal to Combat Investment Fraud

By Mark Johnston | 24/03/2025

I-SCAN aggregates alerts from over 150 financial regulators worldwide, allowing investors to check whether a company or investment has been flagged as unlicensed or fraudulent.

Fintech / Regtech

OJK Indonesia Launches New Portal for Financial Sector Data

By Nithya Subramanian | 21/03/2025

OJK said the new web-based portal will improve transparency and facilitate more effective, data-driven decision-making.

Fintech / Regtech

Thailand Insurance Regulator Unveils AI Tools to Combat Fraud

By Mark Johnston | 21/03/2025

Thai authorities take action against triggered by a sophisticated insurance scam involving multiple policies and staged accidents.

Fintech / Regtech

HKMA Publishes Research on DLT Adoption in Financial Sector

By Sanday Chongo Kabange | 20/03/2025

The HKMA encourages AIs to review the research paper and leverage its insights to explore DLT-related innovations.

Fintech / Regtech

RBI Governor Raises Concerns Over Rising Consumer Complaints

By Nithya Subramanian | 20/03/2025

RBI Governor Sanjay Malhotra called on banks to strengthen their grievance redressal mechanisms, enhance digital fraud prevention and improve customer service standards.