All posts tagged "financial inclusion"
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431Fintech / RegtechRBI Unveils Draft Framework for Regulatory Sandbox
The framework details a comprehensive selection process to identify 10-12 entities to participate in the sandbox, including a 5 million rupee minimum net worth requirement.
April 19, 2019 -
658Big PictureBigTechs Contribute to Efficiency – and Risk – in Financial Services
A BIS working paper says BigTechs enhance competition, financial inclusion and efficiency in financial services, but they also concentrate market power and give rise to systemic risk.
April 9, 2019 -
376Fintech / RegtechKorea FSS to Facilitate ‘Responsible’ Innovation by Foreign Firms
FSS governor Yoon Suk Heun urged foreign financial firms to bring in "a new wave" of financial inclusion and responsible innovation to spur sustainable growth in Korea’s financial industry.
April 9, 2019 -
612AML / KYCPhilippines to Launch Digital Banking ID Registry This Year
The blockchain powered ID registry will enable electronic KYC and make it easier for clients to access banking services.
April 1, 2019 -
1.8KAsia-PacificPhilippines Fintech Push Makes it a Compelling Market to Watch
Industry veteran Philip Keller explores the approach taken by regulators in the Philippines to encourage fintech innovation and financial sector digitalisation.
March 19, 2019 -
542Asia-PacificPhilippine President to Select New BSP Chief
Seen as a champion for banking reform and financial inclusion, BSP governor Nestor Espenilla passed away on Saturday after just 18 months on the job.
February 26, 2019 -
377Asia-PacificBSP Eases Licensing for Banks Seeking Special Authorities
Business decisions made largely as part of managing regular operations will no longer require the BSP's approval.
February 6, 2019 -
1.5KAsia-PacificNine Associations Join Forces to Launch ‘Asia-Pacific FinTech Network’
Launched at the Asian Financial Forum in Hong Kong, the new network aims to boost regional collaboration and cross-border innovation.
January 17, 2019 -
803FeatureHKMA to Grant Virtual Banking Licences in Q1 2019
The HKMA has provided an update on the processing of virtual banking applications, saying it will shortlist one-third of remaining applicants with an aim to granting licences in Q1 2019.
December 10, 2018 -
672Fintech / RegtechIndia’s Modi Launches Online Marketplace for Fintech Services
India's Prime Minister Narendra Modi on 14 November at Singapore Fintech Festival announced the launch of APIX, an online marketplace and sandbox for cross-border fintech services.
November 16, 2018
