Cloud & Infrastructure

Coverage of regulatory trends, risks, and innovations in the adoption of cloud services and critical infrastructure for financial institutions.

Hong Kong’s Fusion Bank Launches Business Banking Services

By Sanday Chongo Kabange | 23/03/2023

Fusion Bank promises SMEs a “hassle-free” account opening experience and a six month exemption on fees for new accounts.

Alternative Markets

Malaysia Launches Corporate Venture Capital Programme

By Editors | 22/03/2023

The programme seeks to promote corporate venturing as a potential enabling or innovation strategy to catalyse growth.

Payments & Settlements

Migration to ISO 20022 Message Standard Commences

By Editors | 22/03/2023

This marks a significant milestone for the payments industry and the start of a coexistence period until November 2025, Swift said.

Cloud & Infrastructure

ASX Forms New Unit to Focus on Technology & Data

By Sanday Chongo Kabange | 18/03/2023

ASX says the introduction of a CIO role and the creation of a new technology unit will allow a greater focus of efforts on data and technology innovation.

Cybersecurity

Google Cloud Joins FS-ISAC’s Critical Providers Programme

By Editors | 17/03/2023

The partnership is intended to bolster supply chain security and foster transparency within the financial sector.

Payments & Settlements

HKIMR Report Explores GBA Cross-border Payments Challenges

By Editors | 16/03/2023

A survey of FIs found that some GBA transactions are still processed manually. Other challenges relate to differing messaging formats, regulatory requirements and investment quotas.

Payments & Settlements

BSP Sets 1 July for Mandatory Adoption of QR Ph Standard

By Editors | 15/03/2023

From 1 July, all FIs and PSPs must disable all non-QR Ph codes and proprietary QR codes and ensure they are no longer be available to the public.

Cybersecurity

CFTC Unveils Newly Constituted Tech Advisory Committee

By Editors | 14/03/2023

Carole House from Terranet Ventures and Ari Redbord from TRM Labs will serve as committee chair and vice chair, respectively.

Cloud & Infrastructure

Korea to Creates Fund to Drive Metaverse Related Initiatives

By Editors | 13/03/2023

The government is inviting investment management companies to help operate the Metaverse Fund, offering special performance incentives.

Cybersecurity

CSRC Finalises New Cybersecurity Rules for Securities, Futures Industry

By Editors | 12/03/2023

The rules include requirements relating to stress testing, data backups, emergency response measures, and management of third-party suppliers.

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