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, 2020The review comes after two decades of the regulatory architecture of the domestic payments system being largely unchanged.
October 27, 2020A proof of concept will take place over two phases, followed by a possible pilot programme involving private payment service providers and end-users.
October 12, 2020Pension contributions data will be converged with KCB credit data using homomorphic encryption, technology which allows data analysis to be performed on encrypted data stored at different institutions.
July 19, 2020The big four banks have opened up their deposit, transaction account, credit and debit card data for customers to share with other major banks or accredited fintech providers.
July 2, 2020The BOT will seek to use sandbox testing to ensure P2P lending platform providers adopted appropriate risk management and user protection practices.
June 9, 2020The findings suggest that government policy to promote electronic payments may have to address fundamental concerns about privacy and confidence in financial institutions.
April 29, 2020A Senate committee tasked with reviewing a bill to criminalise cash transactions over A$10,000 has reportedly thrown its support behind the proposed legislation.
March 2, 2020The SFC is empowered to access to email accounts and personal digital devices which may contain information relevant to its investigations, the court said.
February 19, 2020The BOJ-ECB phase four study found that effective auditing can be achieved alongside privacy-enhancing technologies, if the auditor can obtain information from trusted sources.
February 13, 2020