All posts tagged "digital payments"
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463FeatureDBS Launches Overseas QR Payments for Singapore Users
Users of the DBS mobile payment and wallet service known as PayLah! can scan UnionPay QR codes to pay in 45 countries.
June 24, 2022 -
305Fintech / RegtechRBI 2025 Vision Targets Growth in Digital Payments
The vision document outlines plans to introduce a framework for regulating all "significant intermediaries" in the payments ecosystem, as well as regulations for bigtech, fintechs and BNPL.
June 24, 2022 -
258Fintech / Regtech
RBI to Require Geo-Tagging of Payment System Touch Points
Banks and payment system operators will have to capture, maintain and report the geographical coordinates of all payment touch points deployed by merchants.
March 31, 2022 -
896EnforcementRBI Lifts Restrictions on Digital Product Launches at HDFC
The restrictions were imposed in 2020 in response to multiple digital outages that impacted customers. HDFC is India’s largest private bank.
March 17, 2022 -
465Fintech / Regtech
RBI Launches New Services to Drive Digital Payments Adoption
UPI-based instant payments can be enabled on some 400 million feature phones in India that do not have an internet connection.
March 15, 2022 -
403Market InfrastructureBSP Approves Reporting Rules for Payment System Operators
Compliance requires effective a management information system that enables independent validation and periodic independent review of reporting processes and procedures.
March 7, 2022 -
1.0KCrypto / Digital AssetsBOT Sets Out Plans for ‘New Financial Landscape’
The BOT will introduce virtual bank licences, relax fintech investment limits for banks, promote open data, and establish TCFD aligned disclosure standards.
February 7, 2022 -
1.1KESG / SustainabilityBNM Unveils Five Year Blueprint to Develop Financial Sector
The blueprint contains plans to advance financial sector digitalisation, develop an open data ecosystem, and improve efficiency in cross-border payments.
January 25, 2022 -
507IndiaRBI Issues New Framework on Offline Digital Payments
Offline digital payments are expected to benefit areas with weak internet or telecom connectivity, particularly semi-urban and rural areas.
January 6, 2022 -
1.3KAsia-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
