The government said the bill strikes "the right balance between achieving fast and convenient identity verification and maintaining strong standards of privacy and security.
September 18, 2023The collaboration with HKMA and Bank of Israel demonstrated that retail CBDC can support access, cyber security and competition, while retaining cash features.
September 13, 2023The removal of the nickname option from PayNow has been prompted by growing cases of scams and a need to bolster online security.
September 13, 2023The biggest reason for missing or inaccessible information on beneficial owners is the use of trusts, according to new research.
September 8, 2023The RBI's Shaktikanta Das and T Rabi Sankar said an SRO would be the best way to regulate the fintech industry and establish best practice standards.
September 7, 2023New discussion paper seeks views on a recommendation to ban screen scraping in situations where the CDR is a viable alternative.
September 6, 2023Public access to the beneficial ownership register will be enabled, but only after there is clarity on the effect of the CJEU's November 2022 ruling.
September 4, 2023The six core principles cover governance, fairness, privacy, security, transparency and sustainable development.
August 16, 2023The law has raised concerns over the excessive powers granted to the government to access private data without consent.
August 11, 2023The draft rules prohibit the misuse of facial recognition technology by entities and in public spaces including banks.
August 11, 2023