All posts tagged "financial inclusion"
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1.2KFeatureHKMA 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 -
1.1KFintech / 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 -
1.4KAsia-PacificFragmented Data Privacy Rules Impede Fintech Growth in Asia
New ASIFMA whitepaper advocates regional harmonisation of data privacy rules to facilitate continued growth of fintech ecosystems in Asia.
October 11, 2018 -
770Asia-PacificCambodia Launches Fintech Association
New body will connect Cambodia with overseas fintech associations and has already signed agreements with associations in Thailand, Singapore and Taiwan.
August 21, 2018 -
782AML / KYCAccount Opening Woes Causing Loss of Business in Hong Kong – HKICS
HK Institute of Chartered Secretaries survey found 68% of member believe Hong Kong has been losing out on businesses because of non-transparent and onerous bank account opening processes.
August 7, 2018 -
620Asia-PacificThailand to Offer Fee-Free ‘Basic’ Banking
Thailand’s banks will offer basic accounts that exempt senior citizens and welfare recipients from entry fees, annual charges and minimum deposit requirements.
August 1, 2018 -
1.8KContributed Article
Virtualisation in Banking Sector: A Major Step Forward for Hong Kong
Hong Kong may have been slow to the game in finalising its framework for virtual banks, but digitisation in the city is now on the move. This is good news and critics should recognise this as a major step forward...
June 27, 2018 -
1.4KAML / KYCChinese Banks Told to Develop e-KYC, Facial Recognition
PBOC notice says e-KYC can help better serve real economy; SME account applications should be audited within two days of receipt.
January 22, 2018 -
572Asia-PacificOJK Takes Over Credit Information Management from BI
Indonesian financial regulator will take over arranging, developing and managing credit information systems from central bank.
January 2, 2018 -
Capital / Liquidity
PBOC Targets ‘Shadow Financing’ by Tech Firms
Central bank says many firms representing as technology providers are in fact providing finance for clients who can’t access conventional resources.
November 1, 2017
