All posts tagged "digital payments"

BIS Innovation Hub Can Draw Lessons from GFIN

As the BIS Innovation Hub widens its reach, success will rely on its ability to cultivate a supportive ecosystem which includes financial institutions and innovators alike.

FATF Report Addresses ‘Global Threat’ of Illegal Wildlife Trade

The FATF calls for a coordinated response from public authorities, the private sector and civil society to identify and disrupt financial flows from illegal wildlife trade.

CBDCs Could Amount to ‘Sea Change’ for Payments: BIS

Covid-19 has highlighted unequal access to payment services for low-income and vulnerable groups. CBDCs present an opportunity to address this shortcoming.

Australia Considers Consolidation of Payment Infrastructures

Australia Considers Opening ‘Write’ Access Under Open Banking

The government will consider expanding the consumer data right to allow 'write' access by entities other than banks, similar to how the EU's PSD2 operates.

Malaysia to Boost Digital Payments with $110m Giveaway

Every Malaysian aged 18 years and above, and earning less than 100,000 ringgit a year, is eligible to receive a one-off 30 ringgit through one of three e-wallet companies.

Video: AI & Machine Learning in Asia: A SmartStream Perspective

Regulation Asia spoke to Andreas Burner at SmartStream Technologies to understand the different approaches to adopting AI/ML tools, and how centralising data is key to generating analytics and predictions.

Data Privacy in Asia Pacific: A Fragmented Landscape

Asia's data privacy frameworks remain highly fragmented. But companies cannot be complacent about more onerous laws in other jurisdictions, says Sarah Pearce at international law firm Paul Hastings.

Video: Digital Payments in Asia: A SmartStream Perspective

Regulation Asia spoke to Haytham Kaddoura and Mark Taylor at SmartStream Technologies to understand the latest developments in digital payments and how firms can stay ahead.

RBI Proposes to Directly Regulate Payment Gateways, Aggregators

The paper proposes that payment gateways and payment aggregators be required to have a minimum net-worth of 1 billion rupees, among other requirements.