All posts tagged "Payments"
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365Fintech / RegtechKorea to Pilot Open Banking Platform From 30 Oct
Banks and fintechs will pilot test the ability of customers to manage multiple bank accounts and withdraw and transfer money from within a single app.
October 16, 2019 -
926Asia-PacificMaybank to Enable Real-time Payments for Cambodia, Malaysia
Cambodia’s central bank and Malaysia’s Maybank will work together to enable real-time cross-border transfers, payments and remittances between the two countries.
October 12, 2019 -
714Featured ArticlesFrom Data Governance to Data Culture: BCBS 239 and Beyond
Asian firms need to look beyond regulatory compliance with respect to data to ensure the most effective use of their data resources.
October 10, 2019 -
270ChinaFirst Foreign Firm Approved to Enter China Payments Market
The PBOC has approved PayPal’s acquisition of a majority stake in domestic payments firm Gopay, giving it access to various domestic payments licences.
October 1, 2019 -
357IndiaRBI Proposes to Directly Regulate Payment Gateways, Aggregators
The paper proposes that payment gateways and payment aggregators be required to have a minimum net-worth of 1 billion rupees, among other requirements.
September 19, 2019 -
1.5KContributed ArticleBig Data: Who’s Writing the Rules of the Game?
A recent whitepaper commissioned by Deutsche Bank looks at the need for effective regulations for cross-border data sharing and the ethical use of artificial intelligence.
September 17, 2019 -
368Australia & NZAustralia Issues Follow-up Paper on ISO 20022 Migration for Payments
The paper summarises the responses from the April consultation and puts forward potential implementation options for consideration.
September 14, 2019 -
506Fintech / RegtechSingapore Streamlines Payment Firms’ Access to Legal Services
The initiative will help connect the payments industry with specialist law firms through a streamlined process to help them comply with the new Payment Services Act.
September 9, 2019 -
432ChinaChina P2P Lenders Ordered to Share Data with Credit Bureaus
The move is part of a broader crackdown on irregular practices and risks in the P2P sector, and will provide greater protection to investors in online lending platforms.
September 6, 2019 -
392ChinaChina Moves to Cut Off P2P Lenders’ Payment Channels
Cutting off payment and settlement services will restrict the funds flowing in and out of P2P lenders, part of a regulatory crackdown on the sector.
September 2, 2019
