AI, Technology & Data

Payments & Settlements

RBI Launches Digital Payment Innovations, Integrating AI and IoT with UPI

By Nithya Subramanian | 14/10/2025

New platforms include AI-powered customer support, frameworks for IoT and wearable payments, multi-signatory approvals for businesses, and a new system for managing credit lines directly on the UPI network.

Data Privacy

CSRC Issues Three New Data Standards for Financial Industry

By Sanday Chongo Kabange | 14/10/2025

The initiative is aimed at standardising data governance for stock exchanges, asset-backed securitisation, and futures asset management.

Fraud, Scams & Cybercrime

Hong Kong Reports HKD 5 Billion in Scam Losses So Far in 2025

By Sanday Chongo Kabange | 13/10/2025

The Security Bureau has revealed that mainland students are a key target, as HKPF partners with tech firms and universities on new prevention measures.

Cloud & Infrastructure

Taiwan FSC Proposes to Tighten Outsourcing Rules for Insurers

By Sanday Chongo Kabange | 13/10/2025

New draft regulations require prior regulatory approval from the FSC for material offshore IT outsourcing and establish data residency principles for cloud services.

KYC & CDD

SEBI to Allow Digital KYC for NRIs, AI-Powered Surveillance for HFT

By Nithya Subramanian | 13/10/2025

Addressing market manipulation and HFT, SEBI is set to introduce a sophisticated, AI-driven predictive surveillance system alongside mandatory "air gap" cybersecurity protocols.

Credit Risk

Hong Kong to "Regularise" Mainland Credit Data Sharing Scheme

By Sanday Chongo Kabange | 13/10/2025

The move aims to help banks assess the creditworthiness of mainland individuals and firms, while new guidance is being drafted for using alternative data.

KYC & CDD

Bank of Singapore Launches Agentic AI Tool to Speed Up CDD

By Nithya Subramanian | 13/10/2025

SOWA, an agentic AI tool, reviews and drafts due diligence reports automatically, improving consistency and accuracy in AML checks.

AI Risk & Governance

FSB Calls for Enhanced Monitoring to Track AI Risks

By Manesh Samtani | 13/10/2025

New report proposes indicators to track vulnerabilities from third-party dependencies and concentrated AI supply chains.

Trading & Investment

China Probes Foreign Quant Firms Over Trading Hardware Imports

By Editors | 13/10/2025

The investigation reportedly targets Tower Research, Jump Trading and Optiver over compliance with import rules for specialised servers and chips.