Cloud & Infrastructure

Clearing & Post-Trade

ASX is Transforming Entire Technology Stack, says CEO

By Editors | 14/02/2020

Managing director and CEO Dominic Stevens said ASX’s strategy is not just about replacing CHESS or upgrading the futures trading system; the bourse is transforming its entire technology stack.

Payments & Settlements

Project Stella: Balancing Privacy & Auditability in DLT Environments

By Editors | 13/02/2020

The BOJ-ECB phase four study found that effective auditing can be achieved alongside privacy-enhancing technologies, if the auditor can obtain information from trusted sources.

Cloud & Infrastructure

Bill Passes to Enhance ASIC’s Fintech Regulatory Sandbox

By Editors | 12/02/2020

Under the amendments, firms will be able to test a wider range of new financial and credit products and services without a licence from ASIC, for a longer time.

Payments & Settlements

DBS Completes First Fully Digital Trade Financing Settlement on NTP

By Editors | 10/02/2020

DBS was able to cut the trade financing processing time from about a week to under one working day, yielding greater operational efficiencies for trade partners.

Payments & Settlements

Philippines, Indonesia Sign MOU on Payments, Digital Innovation

By Editors | 04/02/2020

The MOU aims to provide a framework for closer cooperation between the Philippine and Indonesian central banks to achieve enhance their payment systems and promote digital financial innovation.

Payments & Settlements

Lao Central Bank Launches QR Code Payment Standard

By Editors | 31/01/2020

The QR code payment standard will minimise the use of cash, drive Laos towards a digital economy,  and boost socio-economic development.

Conduct, Culture & Accountability

FSS Korea to Reorganise Consumer Protection Department

By Editors | 24/01/2020

The FSS will reorganise its consumer protection department to boost supervision of high-risk financial products, and establish suptech and regtech teams.

Data Privacy

Australia Considers Opening ‘Write’ Access Under Open Banking

By Editors | 24/01/2020

The government will consider expanding the consumer data right to allow ‘write’ access by entities other than banks, similar to how the EU’s PSD2 operates.

Data Privacy

S. Korea to Launch Financial Data Exchange in March

By Editors | 22/01/2020

The exchange will match buyers and sellers of financial data and facilitate the use of big data analytics to improve product development in the financial industry.