Fintechs, solution providers and developers are invited to submit unique solutions that can simplify payment authorisations for the UPI.
February 11, 2021Suspected 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, 2021Deputy Governor Chuchi Fonacier spoke to Regulation Asia about planned measures to promote digital payments, help MSMEs, and further strengthen the banking sector.
December 7, 2020Currently, Vietnam has no regulations for international payments to be made via foreign intermediary payment operators or e-wallets.
November 21, 2020BSP governor Benjamin Diokno envisions that payment facilities operated by individual banks and payment firms will operate under a single standard.
November 21, 2020Most regulators either accelerated or introduced new innovation initiatives in response to Covid-19. No such initiatives were cancelled, says a report from the World Bank and CCAF.
November 4, 2020Effective implementation of the FATF Standards, including the 'travel rule', is needed to combat a recent surge in ransomware attacks.
October 16, 2020The central bank set up a fintech sandbox in February but no companies have applied to participate so far, officials told Regulation Asia.
October 6, 2020The move is expected to create a more level playing field for all mutual fund investors and promote greater use of digital payment channels.
September 23, 2020Separately, new legislation is under development to expedite the digital banking sector, targeted to pass by the end of 2020.
September 6, 2020