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, 2018India'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, 2018New ASIFMA whitepaper advocates regional harmonisation of data privacy rules to facilitate continued growth of fintech ecosystems in Asia.
October 11, 2018New body will connect Cambodia with overseas fintech associations and has already signed agreements with associations in Thailand, Singapore and Taiwan.
August 21, 2018HK 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, 2018Thailand’s banks will offer basic accounts that exempt senior citizens and welfare recipients from entry fees, annual charges and minimum deposit requirements.
August 1, 2018Hong 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, 2018PBOC notice says e-KYC can help better serve real economy; SME account applications should be audited within two days of receipt.
January 22, 2018Indonesian financial regulator will take over arranging, developing and managing credit information systems from central bank.
January 2, 2018Central bank says many firms representing as technology providers are in fact providing finance for clients who can’t access conventional resources.
November 1, 2017