All posts tagged "financial inclusion"
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111FeatureRakuten Launches First Digital-only Bank in Taiwan
Rakuten International Commercial Bank was one of three groups granted authorisation to set up a digital bank in July 2019.
January 21, 2021 -
255Fintech / RegtechBNM Opens Six Month Application Period for Digital Bank Licences
Applicant must demonstrate a commitment to driving financial inclusion. Preference will be accorded to applications where the controlling interest resides with Malaysian nationals.
January 4, 2021 -
460Asia-PacificBSP Deputy Governor Outlines Key Priorities for the Year Ahead
Deputy Governor Chuchi Fonacier spoke to Regulation Asia about planned measures to promote digital payments, help MSMEs, and further strengthen the banking sector.
December 7, 2020 -
266Australia & NZAustralia Gets New 10-Year Roadmap on Sustainable Finance
The roadmap makes 37 recommendations, including a 2023 deadline for financial institutions and major listed companies to report according to the TCFD framework.
December 4, 2020 -
299Fintech / RegtechLibra Association to Launch Scaled-down Digital Currency in January
The launch date depends on regulatory approval from FINMA, expected as early as January. A new name has been adopted for the association and the digital currency.
December 4, 2020 -
132Malaysia
BNM to Update Framework for Microinsurance, Microtakaful Products
The proposals presented in a new exposure draft seek to promote more innovative, sustainable and inclusive insurance and takaful business models.
December 3, 2020 -
620Asia-PacificMyanmar Launches New Interbank Payment, Settlement System
Modelled after Japan's national payment system, the new system is expected to enhance straight-through processing between the central bank and FIs.
November 29, 2020 -
1.4KBig PictureFintech-related Regulatory Initiatives Accelerated by Covid-19
Most 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, 2020 -
1.2KFeatureHKMA Unveils Financial Infrastructure Project to Facilitate SME Lending
The HKMA is working with banks to study the feasibility of the 'Commercial Data Interchange', a new financial infrastructure to facilitate financial intermediation.
November 3, 2020 -
1.5KAsia-PacificCambodia Launches Central Bank Backed Digital Currency
The digital currency, known as Bakong, allows users to transfer money using a mobile app by scanning QR codes or inputting the recipient's phone number.
October 29, 2020
