AI, Technology & Data

Cloud & Infrastructure

HKMA Unveils Financial Infrastructure Project to Facilitate SME Lending

By Manesh Samtani | 02/11/2020

The HKMA is working with banks to study the feasibility of the ‘Commercial Data Interchange’, a new financial infrastructure to facilitate financial intermediation.

Cloud & Infrastructure

GFIN Invites Next Batch of Firms to Participate in Cross-border Testing

By Editors | 01/11/2020

Regulators from Australia, Canada, Hong Kong, Singapore, Taiwan, the UK and the US are among those participating in cross-border testing.

Credit Risk

BSP to Stimulate SME Lending with New Credit Risk Database

By Sanday Chongo Kabange | 28/10/2020

The database will use financial statements and loan default information held by financial institutions to generate credit scores and better estimate default risk.

Credit Risk

HKMA Chief Hints at New Data Platform to Facilitate SME Lending

By Manesh Samtani | 27/10/2020

Banks can more precisely and objectively assess SME credit risk with access to more data, such as trading and turnover statistics, says HKMA chief Eddie Yue.

Data Privacy

Philippine Privacy Watchdog Warns Against Misusing Borrower Data

By Sanday Chongo Kabange | 23/10/2020

Some online lenders are using illegally obtained personal data to shame or harass borrowers when they failed to meet their obligations.

Data Privacy

PBOC Fines Six Bank Branches for Customer Data Rights Breaches

By Editors | 22/10/2020

The $6mn in penalties against state-owned banks follows last week’s unveiling of what will be China’s first unified piece of national legislation on the protection of personal data.

Cloud & Infrastructure

India’s Gift City Regulator Introduces Regulatory Sandbox Framework

By Sanday Chongo Kabange | 22/10/2020

All entities operating in the capital market, banking, insurance and pension sectors, as well as individuals and startups from India and FATF-compliant jurisdictions, are eligible.

Cloud & Infrastructure

IMAS Calls on Asset Managers to Join Digital Accelerator Programme

By Editors | 21/10/2020

Under the programme, asset managers will be paired with a shortlisted fintech with the most appropriate solution to the problem statement submitted.

Market Data & Technology

SEBI to Promote Greater Access to Securities Market Data

By Editors | 21/10/2020

The committee will identify gaps in the public availability of securities market data and recommend regulations to promote transparency, access and useability of such data.