All posts tagged "financial inclusion"
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2.0KAML / KYCWolfsberg Group Outlines Steps to AML/CTF Effectiveness
FIs should consider adopting technology such as AI and machine learning more widely. The Wolfsberg Group "strongly encourages" participation in PPPs.
August 14, 2020 -
758AML / KYCBSP to Promote Inclusion by Lowering Investment Account Minimum
The BSP is considering lowering minimum amount a client must maintain in an investment account from ₱1mn to ₱100,000.
July 16, 2020 -
1.6KAML / KYCRevised FATF Standards ‘Clearly Apply’ to Stablecoins
Stablecoins are better placed than many virtual assets to achieve mass-adoption, which makes them vulnerable to AML/CTF risk, the FATF says.
July 9, 2020 -
827Fintech / RegtechFSC Korea Outlines Key Policy Tasks for H2 2020
The measures include continued support for businesses and individuals, with some focus being diverted back to pre-Covid policy work to support innovation and data-driven initiatives.
June 15, 2020 -
4.6KAML / KYCDigital Identification in a Post-COVID World
Social distancing has put KYC into sharp focus, with regulators reiterating their support for digital onboarding to ensure financial transactions are possible.
April 28, 2020 -
1.6KBig PictureFintech Risks Could Undermine Financial Inclusion
The CPMI and World Bank have set out key actions to help stakeholders address fintech risks in the context of achieving financial inclusion outcomes.
April 17, 2020 -
3.1KContributed ArticleIn-Depth: Making Sense of Digital Bank Policy
Industry veteran Jamie Lloyd Evans takes a detailed look at digital banking regimes in Asia, and the stated – and unstated – motivations behind them.
April 7, 2020 -
1.8KAML / KYCDoing What is Right: Financial Inclusion Needs Better Incentives
Tools to enable financial inclusion exist, but without positive incentives to put these into practice barriers will remain, says RUSI's Isabella Chase.
April 3, 2020 -
2.2KAsia-PacificThailand, Cambodia Launch Cross-Border QR Payments
New payments connectivity between the two countries is expected to promote trade, tourism, financial inclusion, and the usage of local currencies in cross-border transactions.
February 20, 2020 -
697MalaysiaMalaysia to Boost Digital Payments with $110m Giveaway
Every Malaysian aged 18 years and above, and earning less than 100,000 ringgit a year, is eligible to receive a one-off 30 ringgit through one of three e-wallet companies.
January 15, 2020
