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Payments & Settlements
FSC Korea to Create Online Platform for Replacing Costly Loans
By Editors | 16/11/2022
The platform will allow borrowers to compare interest rates offered by lenders and transfer their loans based on repayment costs.
Cloud & Infrastructure
MAS, UN to Jointly Develop Digital Finance in Pacific Island LDCs
By Editors | 15/11/2022
The collaboration includes measures to improve MSME access to financing and financial services, initially in Pacific Island LDCs.
Cybersecurity
EU Parliament Adopts DORA Text, Enforcement Expected in 2025
By Editors | 14/11/2022
New requirements on network and information system security will apply to all financial system participants, including crypto firms and cloud services providers.
CBDCs
BISIH to Tackle Key CBDC Challenges with Project Tourbillon
By Editors | 14/11/2022
Project Tourbillon aims to reconcile trade-offs between cyber resiliency, scalability, and privacy through experimentation with a prototype CBDC.
Sustainable Finance
China Urges Private Investment Participation in National Projects
By Editors | 09/11/2022
The NDRC said it would improve the policy environment to stimulate private investment in major projects aligned with national strategies.
AI Risk & Governance
Bursa Malaysia Concludes Customers Experience Analytics PoC
By Manesh Samtani | 09/11/2022
A machine learning model was used to gain insights from industry data that will help improve the retail investor experience and outcomes.
AI Risk & Governance
GLEIF Unveils Free Tool to Automate ELF Code Assignment
By Editors | 08/11/2022
The machine learning tool can extract the legal form from unstructured text and automate the assignment of entity legal form codes.
Cybersecurity
Thai SEC: Revised IT Security Rules to Take Effect in July 2023
By Editors | 08/11/2022
The SEC has strengthened the obligations of capital markets and digital assets firms to supervise and manage the risks to their IT systems.
Data Privacy
Regulatory Dynamics for FinTech in Asia Pacific
By Ian Herbison | 08/11/2022
Ian Herbison and Saskia Kendall discuss three dynamics shaping the APAC FinTech industry and the need for partnership between the public and private sectors.
Payments & Settlements
RBI Eases Requirements for Rural Banks to Offer Internet Banking
By Editors | 08/11/2022
The net worth requirement and net NPA eligibility criteria have been relaxed, to promote the spread of digital banking for customers in rural areas.
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