All posts tagged "Digital Banking"
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725AML / KYCMAS, ABS Announce Measures to Bolster Online Banking Security
Singapore banks will put in place the more stringent measures within the next two weeks, and work on more permanent solutions in the coming months.
January 20, 2022 -
1.1KAsia-PacificBank Indonesia Launches New Fast Payments System, BI-Fast
BI-Fast lowers the interbank transfer fee, set at IDR 2,500 (USD 0.18) per transaction, down from the usual IDR 6,500 fee for interbank transfers. 21 banks have so far enrolled on BI-Fast.
December 24, 2021 -
1.1KAsia-PacificBangko Sentral’s ‘Deliberate Approach’ to Sustainable Finance
Deputy governor Chuchi Fonacier explains the BSP's policy approach to sustainability, highlighting the central bank's role as an 'enabler', 'mobiliser' and 'doer'.
December 14, 2021 -
465Asia-PacificSri Lanka to Develop Regulatory Framework for Cryptocurrency
The committee will advise Sri Lanka's cabinet on a regulatory framework for Sri Lanka for blockchain, digital banking and crypto mining.
October 15, 2021 -
474Asia-PacificBSP Grants Sixth Digital Bank Licence to PayMaya
The seventh and final digital bank is likely to be an existing bank applying to convert into a digital bank, but approval has been delayed.
September 21, 2021 -
268Asia-PacificBOT to Embrace Digital Technology in Regulatory Approach
The BOT will promote open data and infrastructure to facilitate SME access to credit. The sandbox rules will also be updated.
September 19, 2021 -
595AML / KYCTaiwan to Revise Authentication Rules to Facilitate Digital Banking
The new rules allow banks to use biometric authentication methods to fulfill identity authentication requirements for internet-based applications.
September 10, 2021 -
498FeatureStanChart, NTUC Enterprise to Form Singapore Digital Bank
A Standard Chartered subsidiary will hold 60 percent of the digital banking venture under a licence obtained from MAS in December.
September 7, 2021 -
223Asia-PacificBSP Grants Digital Bank Licence to Gokongwei-Tyme Joint Venture
The application window for the submission of applications from new digital banks, including converting banks, will close on 31 August 2021.
August 20, 2021 -
209Australia & NZRBNZ to Consult on Potential CBDC Issuance
The RBNZ plans to consult on broad concepts of money and cash stewardship, the potential for a CBDC, and issues arising from crypto assets and stablecoins.
July 8, 2021
