Payments & Settlements

Payments & Settlements

US Confirms Dollar Swap Line Talks with Asian and Gulf Allies

By Nithya Subramanian | 28/04/2026

Treasury Secretary Scott Bessent said discussions are underway to provide dollar liquidity to allies, aiming to stabilise markets and reinforce the dollar’s international role.

Payments & Settlements

RBI Cancels Licence of Paytm Payments Bank

By Editors | 27/04/2026

The central bank has cited persistent non-compliance and conduct detrimental to depositor interests as reasons for the final regulatory action.

Payments & Settlements

Vietnam, South Korea Launch Cross-Border QR Payments

By Nithya Subramanian | 27/04/2026

The initiative enables direct local currency settlement, marking a key step in bilateral financial integration and cashless payment promotion.

Fraud, Scams & Cybercrime

Asian Regulators Pivot to ‘Co-Creation’ to Govern AI and Digital Finance

By Manesh Samtani | 27/04/2026

At Money20/20 Asia, regional policymakers outlined a new collaborative approach to regulation as experts warned that AI-powered financial scams now surpass the global drug trade.

Clearing & Post-Trade

SEBI to Permit Net Settlement for FPI Cash Market Trades

By Nithya Subramanian | 27/04/2026

The move is designed to reduce funding costs and operational inefficiencies for foreign investors, with a December 2026 implementation deadline.

Stablecoins

KuCoin Launches Mastercard-Linked Crypto Card Under AFSL Regime

By Sanday Chongo Kabange | 27/04/2026

The launch, enabled by a partnership with principal Mastercard member Immersve, follows Kucoin's 2025 AUSTRAC registration and operates within the AFSL framework.

Payments & Settlements

RBI Opens Centralised Payment System to Fintechs

By Nithya Subramanian | 27/04/2026

The RBI has granted a private fintech firm, Pay Point, direct membership to its core payment systems, signalling a significant structural shift.

Credit Risk

Malaysia Expands Financial Support Package to Benefit MSMEs

By Editors | 26/04/2026

The government has announced a new loan facility and expanded a financing guarantee scheme to help businesses manage global economic pressures and supply chain disruptions.

Payments & Settlements

South Korea Details New Youth Asset-Building Savings Account

By Editors | 26/04/2026

Launching in June, the ‘Youth Future Savings Account’ will offer government-matched contributions and tax breaks to support young people’s finances.