All posts tagged "financial inclusion"
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942Asia-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 -
2.0KBig 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 -
2.0KFeatureHKMA 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 -
2.0KAsia-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 -
1.7KEuropeBIS, Swiss National Bank to Issue CBDC Proof of Concept by Year-End
CBDC research provides an "essential opportunity" to pool knowledge and resources and help enhance cross-border payments, says Benoît Coeuré, head of the BIS Innovation Hub.
October 28, 2020 -
5.7KAML / KYCPhilippines Begins Roll-out of New National ID System
PhilSys will mean wider inclusion in the financial ecosystem for the unbanked, allowing cash aid, credit and other welfare spending to reach them faster.
October 16, 2020 -
2.8KAML / KYCRegTech Asia 2020: Digital KYC, Onboarding & Authentication
Digital transformation has accelerated in financial services amid the pandemic. But it has not come without risks.
October 5, 2020 -
1.6KFeatureTaiwan FSC Outlines Plans for Capital Market Development
A 3-year roadmap to be unveiled by year-end includes plans to set up central clearing for OTC derivatives, and improve convenience and efficiency for foreign investors.
September 27, 2020 -
777Asia-PacificBSP, OJK Sign MoU on Financial System Development
As part of the MoU, the BSP and OJK have reportedly lined up talks in the areas of supervisory frameworks, consumer protection, financial inclusion, fintech and capacity building.
September 7, 2020 -
1.5KAsia-PacificBOT, UK Government Agree to Cooperate in Financial Services
The MoU will see increased cooperation in areas such as accounting standards, governance and transparency, fintech development, and sustainable finance.
August 16, 2020
