AI, Technology & Data

Payments & Settlements

Korea's FSC to Overhaul Rules on Credit Finance, Payment Gateways

By Mark Johnston | 25/11/2025

The FSC plans to ease rules for capital firms while imposing stricter oversight on card companies and payment gateways.

Fraud, Scams & Cybercrime

Thailand Bans Links in SMS and Email to Curb Online Scams

By Nithya Subramanian | 25/11/2025

Thailand has expanded its crackdown on digital fraud with a nationwide ban on links in official SMS and email messages, building on earlier financial and telecom rules.

Data Privacy

Korea FSS Probes NH Nonghyup Life for Alleged Data Privacy Breaches

By Mark Johnston | 25/11/2025

FSS accuses insurer of accessing credit data without consent; company claims actions align with Credit Information Act exceptions.

Fraud, Scams & Cybercrime

Australia Regulator Fines Optus for Breaching Anti-Scam Rules

By Sanday Chongo Kabange | 25/11/2025

The penalty follows failures in identity verification processes that allowed scammers to access customer bank accounts, the communications authority said.

Alternative Markets

Korea: KSD Launches Full Scale Operations of Venture Investment Platform

By Mark Johnston | 24/11/2025

The onboarding of a major CVC marks a turning point for the platform, which aims to digitise outdated manual processes.

Cybersecurity

FSC Korea Pledges to Overhaul Regulatory Framework for Payment Gateways

By Mark Johnston | 24/11/2025

FSC chairman warned of strict penalties for negligence regarding consumer data after a hacking incident at Lotte Card compromised millions of customers' personal data.

Data Privacy

Policymakers Face 'Trilemma' in Big Tech Credit and Payments: BIS Paper

By Manesh Samtani | 24/11/2025

New paper highlights unavoidable trade-offs between expanding credit access, limiting bigtech profits, and protecting user privacy.

AI Risk & Governance

World Bank, ICMA Detail Work on New AI Tool to Streamline Bond Issuance

By Manesh Samtani | 24/11/2025

Project SHASTRA uses generative AI and ICMA's Bond Data Taxonomy to tackle post-trade inefficiencies and create a 'single source of truth'.

AI Risk & Governance

HKMA Official Discusses Approach to AI Regulation, Anti-fraud Strategy

By Manesh Samtani | 24/11/2025

In a speech, Executive Director Alan Au outlined the HKMA's regulatory approach to Generative AI and measures to combat financial fraud.