All posts tagged "financial inclusion"
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1.0KAsia-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 -
727Australia & 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 -
672Fintech / 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 -
382MalaysiaBNM 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 -
831Asia-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 -
1.8KBig 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 -
1.9KFeatureHKMA 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 -
1.9KAsia-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 -
1.5KEuropeBIS, 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 -
5.5KAML / 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
