AI, Technology & Data

Cybersecurity

Korean Banks Boost Spending of Cybersecurity, IT: BOK

By Editors | 17/09/2019

Banks are increasingly relying on outsourcing for cloud computing, which may become a potential vulnerability if adequate precautions are not in place.

Cloud & Infrastructure

Australia Establishes Senate Committee on Fintech, Regtech

By Editors | 16/09/2019

The committee will inquire into the opportunities of fintech and regtech, and benchmark Australia’s environment for innovation against comparable global regimes.

Trading & Investment

SGX Annual Report Highlights Rising Interest from Global Investors

By Manesh Samtani | 13/09/2019

SGX is exploring how new technologies can further add value for customers and improve operations, while its regulatory arm seeks a stronger presence and oversight.

Cloud & Infrastructure

Financial Institutions Must Adapt and Innovate or Be Left Behind

By Greg Watson | 13/09/2019

Outdated systems are preventing one in four Asia Pacific banks from investing in disruptive technologies, says Greg Watson, citing a recent Fenergo survey.

Anti-Money Laundering

Malaysia Association Joins APAC RegTech Network

By Editors | 10/09/2019

The APAC RegTech Network was established by the regtech committees of the fintech associations of Hong Kong, Japan and Singapore in May.

Cloud & Infrastructure

Half of IT Budgets to Go to Cloud Services in 2020: Refinitiv

By Editors | 10/09/2019

Financial firms say public cloud projects are delivering better-than-expected cost reductions and enabling innovation, but data privacy and regulatory concerns are slowing adoption.

Payments & Settlements

Singapore Streamlines Payment Firms’ Access to Legal Services

By Editors | 09/09/2019

The initiative will help connect the payments industry with specialist law firms through a streamlined process to help them comply with the new Payment Services Act.

Trading & Investment

HKEX Recovers from Derivatives Market Outage

By Editors | 06/09/2019

Derivatives trading was suspended on Thursday due to software issues in HKEX’s vendor supplied trading system, which “have now been isolated”.

Structural Regulation

Thailand to Digitise Capital Market Processes with DLT

By Editors | 05/09/2019

The project aims to reduce the documentary procedures required in processes related to share issuances and offerings, securities registration, settlement and delivery, and KYC.