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Reporting on regulatory developments, innovations, and risks in payment systems and settlement processes essential for the transfer of money and securities.

Supervision & Enforcement
Hong Kong Regulators Direct Banks, Insurers to Aid Fire Victims
By Sanday Chongo Kabange | 30/11/2025
Authorities are calling on banks and insurers to provide flexibility on loans and claims, as financial firms donate millions for relief efforts.

Fraud, Scams & Cybercrime
New Zealand Banks to Compensate Scam Victims Under New Industry Code
By Sanday Chongo Kabange | 28/11/2025
Updated industry code requires banks to adopt new scam protections and compensate eligible customers who fall victim to authorised payment scams from 30 November.

AI Risk & Governance
HK Official Outlines Fintech Strategy, Focusing on AI, Shenzhen Collaboration
By Sanday Chongo Kabange | 28/11/2025
The Financial Secretary outlined an action plan for a joint fintech hub, new AI sandbox cohorts, and cross-border payment growth.

AI Risk & Governance
BIS: AI Agents Can Replicate Key Cash Management Decisions
By Nithya Subramanian | 28/11/2025
New study finds that general-purpose AI agents can replicate core cash management decisions in wholesale payment systems, showing precautionary behaviour similar to human operators.

Cloud & Infrastructure
BIS Names IMF Digital Money Expert as New Innovation Hub Chief
By Sanday Chongo Kabange | 28/11/2025
Tommaso Mancini-Griffoli will lead the BIS Innovation Hub's work on fintech, including its hubs in Singapore and Hong Kong.

Payments & Settlements
India Introduces 'Full Delegation' on National UPI Payments Platform
By Nithya Subramanian | 28/11/2025
BHIM app users can authorise 'trusted contacts' to make payments up to INR 15,000 a month on their behalf while retaining full oversight and control.

Payments & Settlements
India's Digital Stack: Turning Data Into Dollars for Asia's Unbanked
By Nathan Lynch | 27/11/2025
India's open-source tech stack has delivered bank accounts to almost a billion people, a model that Asia's emerging markets can emulate in their quest to foster financial inclusion and fight financial crime.

Clearing & Post-Trade
New Report Calls on APAC to Coordinate on Move to T+1 Settlement
By Manesh Samtani | 27/11/2025
A new industry report calls for regional standardisation to manage unparalleled FX and operational risks in Asia's complex move to T+1 settlement.

Payments & Settlements
Australia Flags New Rules for Card Fees, Digital Payments
By Sanday Chongo Kabange | 27/11/2025
RBA to conclude its card payments review by March 2026 and launch a new consultation on digital payment providers.

Payments & Settlements
Bangladesh Targets 2027 for Full Interoperability of Digital Payments
By Mark Johnston | 27/11/2025
Bangladesh Bank is partnering with the Gates Foundation to use its open-source 'Moojaloop' software while also preparing to order microfinance institutions to digitise all payments.
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