FINTECH / REGTECH

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    Big Picture

    BIS Explores GenAI Use to Boost Central Bank Cybersecurity

    By Editors | 30/05/2024

    Existing IT staff at central banks may not be fully prepared to handle the fast and disruptive innovations associated with GenAI.

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    Fintech / Regtech

    Singapore Launches Digital Enterprise Blueprint for SMEs

    By Nithya Subramanian | 30/05/2024

    The DEB will support SMEs in making full use of their existing digital capabilities and help them adopt AI-enabled solutions.

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    Fintech / Regtech

    BSP Eyes Open Finance Platform for Pensions, Insurance

    By Mark Johnston | 28/05/2024

    The open finance platform will use APIs to support access to different pension and insurance products and boost financial inclusion.

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    Fintech / Regtech

    MAS Released New Project MindForge Whitepaper

    By Editors | 28/05/2024

    Building on the FEAT Principles and Veritas Methodology, the paper introduces a “platform-agnostic” reference architecture for responsible GenAI adoption.

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    AML / KYC

    Bursa Malaysia Launches API Gateway to Streamline Onboarding

    By Nithya Subramanian | 28/05/2024

    The new API Gateway will streamline onboarding and speed up CDS account opening, updating and reactivation.

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    Fintech / Regtech

    “Ecosystem Approach” Vital to Combat Digital Fraud: HKMA

    By Nithya Subramanian | 23/05/2024

    Coordinated global efforts and information sharing initiatives are becoming more commonplace to combat fraud, but there is still work to do, said HKMA’s Carmen Chu.

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    Fintech / Regtech

    Swift Enables Banks to Improve Services for Corporates

    By Editors | 22/05/2024

    Swift will extend ISO 20022 across the entire payment chain, and provide ready-to-use, white-labelled payment tracking services via API.

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    Securities / Derivatives

    DTCC Completes Blockchain Pilot for Mutual Fund Data

    By Editors | 22/05/2024

    The pilot explored the feasibility of delivering NAV data for mutual funds across different blockchain networks.

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    Fintech / Regtech

    AI Act Gets Final Approval from European Council

    By Nithya Subramanian | 22/05/2024

    The AI Act provides for increased transparency regarding the development and use of high-risk AI systems, while also encouraging innovation.

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    Fintech / Regtech

    Top Tech firms Commit to AI Safety at Seoul Summit

    By Nithya Subramanian | 22/05/2024

    Google, Meta, Microsoft, OpenAI and others have pledged to not develop or deploy AI models if the risks cannot be sufficiently mitigated.

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