AI Risk & Governance

Cloud & Infrastructure

Banks Need to Be More Agile to Remain Competitive

By Salomon Wettstein | 10/05/2019

Banks have not invested sufficiently in modernising their core internal systems due to a stronger focus on customer-facing applications, says Synpulse partner Salomon Wettstein.

AI Risk & Governance

Japan FSA Seeks AI Expertise to Examine Securities Reports

By Editors | 09/05/2019

The FSA is looking to conduct an experiment to explore the use of AI to read and analyse the data in annual securities reports published by listed companies.

Conduct, Culture & Accountability

Australia: Banking Misconduct Drives Search for RegTech Remedies

By Jeffrey Kupfer | 08/05/2019

Australia may emerge as a world-leader in RegTech adoption as a remedy to banking culture and misconduct issues, say Jeff Kupfer and Stephen Scott at Starling Trust.

Cloud & Infrastructure

Technology Driven Changes Afoot in the Australian Banking Sector

By Garima Chitkara | 07/05/2019

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.

Data Privacy

HKMA Urges ‘Data Ethics’ in FinTech Development

By Manesh Samtani | 06/05/2019

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

Cloud & Infrastructure

FIs Need to Automate to Meet Tax Reporting Obligations – Report

By Editors | 06/05/2019

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.

Structural Regulation

Closer Cooperation Key to Greater Bay Area Success – FTAHK

By Manesh Samtani | 28/04/2019

There are significant opportunities for cross-border collaboration and integration across the Greater Bay Area, the FinTech Association of Hong Kong says in a new report.

Cloud & Infrastructure

RBI Unveils Draft Framework for Regulatory Sandbox

By Editors | 19/04/2019

The framework details a comprehensive selection process to identify 10-12 entities to participate in the sandbox, including a 5 million rupee minimum net worth requirement.

Conduct, Culture & Accountability

Korea FSC to Use Technology to Deter Misleading Marketing

By Editors | 19/04/2019

The FSC wants to ensure consumers are protected as financial services become more accessible through digital platforms through the introduction of open banking.