All posts tagged "Security"
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1.2KFintech / RegtechBOK Seeks Consulting Partnership to Advance CBDC Work
BOK is looking to partner with a local company to establish the system architecture for a CBDC to initiate a pilot test by end-2021.
September 1, 2020 -
1.2KChinaCSRC Drafts Rules on Third-party Platforms Use by Securities Firms
The rules require brokerage firms to guarantee technical and data security when using third-party platforms to conduct securities business activities.
August 19, 2020 -
1.2KAML / KYCS. Korea Approves Use of Biometrics for Digital Identification
Korea's Fair Trade Commission has revised bank transaction law to allow the use of biometrics for identification in bank teller transactions.
July 6, 2020 -
1.6KAustralia & NZAustralia Launches Open Banking Data Sharing Regime
The 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, 2020 -
1.8KAML / KYCBNM e-KYC Policy for Customer Onboarding Takes Effect
Financial institutions have the freedom to decide on any combination of methods to identify and verify customers through e-KYC, but prior BNM approval is required.
July 1, 2020 -
1.2KFintech / RegtechKorea: Unauthorised Toss Payments Prompt Wider Review of Fintechs
The FSS is considering conducting reviews of some 40 fintech companies after eight unauthorised transactions were detected on Viva Republica's payments platform Toss.
June 12, 2020 -
832Asia-PacificBOT Launches Regulatory Sandbox for P2P Lending Platforms
The BOT will seek to use sandbox testing to ensure P2P lending platform providers adopted appropriate risk management and user protection practices.
June 9, 2020 -
669AML / KYCATO to Run Additional Checks to Prevent Superannuation Fraud
Australia's superannuation early access scheme was temporarily suspended late last week due to fraud. It has since resumed, with enhancements to increase the end-to-end security.
May 12, 2020 -
1.1KFeatureS. Korea Launches Financial Data Exchange Platform
The exchange will serve buyers and sellers of anonymised financial data, facilitating the use of analytics to develop new financial products and services, while also ensuring data security.
May 12, 2020 -
694KoreaKorea: IMF Assessment Highlights Pre-Covid Financial System Risk
The assessment commends Korea for its continued efforts to enhance prudential, legal and supervisory frameworks, while also pointing to growth-related uncertainties and household debt risks.
April 24, 2020
