All posts tagged "digital payments"
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188EuropePrivacy Cited as Top Concern for a European CBDC
ECB survey respondents cited privacy as the top priority feature for a potential digital euro, followed by security and usability across the euro area.
April 16, 2021 -
172Fintech / RegtechBNM to Explore Benefits of CBDC Issuance Through PoCs
BNM does not have any immediate plans to issue a CBDC but will actively assess the potential value proposition of digital currencies.
April 7, 2021 -
185Fintech / RegtechRBI Orders MobiKwik to Investigate Alleged Data Breach
The RBI has asked the payments provider Mobikwik to carry out an immediate forensic audit following allegations of a data breach.
April 7, 2021 -
159Asia-PacificBangladesh Cabinet Approves Bill on Payments Supervision
The bill is aimed at providing additional safeguards against fraud, allowing Bangladesh Bank to monitor all electronic payments and penalise violations.
March 14, 2021 -
184Asia-PacificBSP Advocates Passage of New Consumer Protection Law
The proposed law will allow financial regulators to issue consumer protection rules, conduct market surveillance and examination, and adjudicate complaints.
March 10, 2021 -
336AML / KYCSingapore Banks Asked to Monitor Myanmar Fund Flows
MAS is concerned about financial crime risk. New cash withdrawal limits have been imposed in Myanmar. A military-owned bank has suspended operations.
March 5, 2021 -
152Asia-PacificBSP to Draft Data Governance Policy for Financial Institutions
The new regulatory framework will guide banks and other financial institutions on how they use and handle electronic information that they collect from customers.
February 23, 2021 -
172Fintech / RegtechRBI Enhances Security Requirements for Digital Payment Apps
The RBI has set out new prescriptive guidelines on the security protocols that need to be adopted in digital payment applications.
February 22, 2021 -
131AML / KYCIndia’s NPCI Launches Payment Authorisation Tech Challenge
Fintechs, solution providers and developers are invited to submit unique solutions that can simplify payment authorisations for the UPI.
February 11, 2021 -
384AML / KYC
BSP Highlights AML Risks of Cash, Cross-Border Payments
Suspected criminal proceeds mostly came from Australia, Germany, Singapore, the UK and the US. The top destinations of suspected illicit funds were Hong Kong, Singapore and the US.
January 25, 2021
