AI and machine learning make it easier for firms to spot suspicious behavior and reduce false positives, but adoption is not without challenges, says Ashish Rai.
August 2, 2021The Guide will help banks assess whether they have the appropriate governance, controls, skills, infrastructure and underlying data to adopt Regtech solutions in ongoing monitoring of customers.
July 27, 2021HKMA Executive Director Carmen Chu highlights the need for transformation and collaboration to combat new AML and fraud challenges in the digital era.
July 22, 2021While the use of innovative AML/CFT technologies can help identify risks and focus compliance efforts, manual review and human input remain "very important".
July 5, 2021At the HKMA's flagship regtech conference, Eddie Yue outlined the initiatives underway to promote regtech adoption, including to explore a corporate version of iAM Smart.
July 2, 2021Lengthy procurement processes, cumbersome IT and security approvals, and implementation complexity are hindering APAC regtech adoption.
June 24, 2021Selected companies will be showcased prominently at Hong Kong Fintech Week 2021 which takes place from 1 to 5 November.
June 21, 2021Guidance is provided on the use of APIs to address barriers to adoption created by legacy systems that are inflexible to change.
June 21, 2021The Nordic Centre was opened in collaboration with the central banks of Denmark, Iceland, Norway and Sweden.
June 17, 2021The launch is part of a plan to expand the global reach of the BIS Innovation Hub, which includes the opening of Centres in Toronto, Frankfurt, Paris and Stockholm.
June 12, 2021