All posts tagged "P2P"
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798Asia-PacificBSP Seeks Interoperability, Unified Standard in Payments
BSP governor Benjamin Diokno envisions that payment facilities operated by individual banks and payment firms will operate under a single standard.
November 21, 2020 -
1.5KAsia-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 -
925Fintech / RegtechMalaysian MSMEs Cross MYR 1bn Crowdfunding Mark
The SC highlighted a "considerable increase" in investor participation in markets via digital investment managers, ECF and P2P platforms, digital asset exchanges and online brokers.
October 7, 2020 -
1.4KChinaChina’s P2P Crackdown Leaves Just 29 Operators in Business
Savers who invested in the thousands of now-defunct P2P platforms over the last several years have not yet managed to recover their funds.
August 18, 2020 -
1.3KEurope16 Banks Announce Initiative to Digitalise Payments Across EU
The unified payment solution for consumers and merchants across Europe will encompass a payment card, digital wallet, and online and P2P payments.
July 6, 2020 -
1.5KBig PictureBanking Regulation, Innovation Responsible for Shadow Bank Growth
Regulatory burden on banks and technological improvements are likely the two most important factors behind shadow bank growth, a new paper says.
April 30, 2020 -
672Feature
Malaysia SC Announces Capital Market Measures to Support Businesses
The measures include relief for publicly listed companies from PN17 (financial distress) classification, even if they fall below certain regulatory thresholds.
April 17, 2020 -
720InternationalCross-border Payments Front and Center in BIS Quarterly Review
The BIS is exploring how to solve key shortcomings related to access and cross-border payments, including to address the global decline in correspondent banking.
March 3, 2020 -
410Asia-Pacific
Cambodia to Launch CBDC-based Payment System
The new payment system expected to launch in the coming months has the support of 11 banks so far, and will operate using a quasi-CBDC known as 'Bakong'.
February 3, 2020 -
324ChinaChinese P2P Lenders to Close in Two Years
Approved lenders can opt to convert to small finance companies in the two year grace period, as authorities moved to shut down the scandal-ridden sector.
December 2, 2019
