FINTECH / REGTECH

Enforcement

SEBI Fines MCX for Late Disclosure of Technology Expenditure

By Editors | 01/06/2025

MCX paid significantly higher costs than anticipated to implement a new trading platform, but didn’t disclose the amounts paid in a timely manner.

Capital / Liquidity

FSS Korea Urges Banks to Build Up Cushions Against Loan Losses

By Manesh Samtani | 01/06/2025

The FSS asked FIs to bolster their capital, better manage their NPLs, and ensure their infrastructure is prepared for AI […]

Fintech / Regtech

HKMA Partners with University on Cybersecurity Innovation

By Sanday Chongo Kabange | 30/05/2025

HKMA and the HKUST Business School will jointly explore innovative suptech and regtech solutions, leveraging “cutting-edge” technologies such as the latest LLMs.

Fintech / Regtech

PayNet, FAOM Partner to Develop Fintech Hub in Malaysia

By Nithya Subramanian | 30/05/2025

PayNet and the Fintech Association will collaborate to promote regulatory engagement, regional collaboration, and expanded market access for Malaysian fintechs.

Crypto / Digital Assets

Pakistan to Establish Bitcoin Reserve, Allocate Power for Mining

By Editors | 30/05/2025

The government aims to integrate digital assets into its financial strategy and establish a strategic bitcoin reserve, inspired by US policy.

AML / KYC

How AI and Pattern Recognition Will Shape the Future of Payment Security

By Avalon Ingram | 29/05/2025

Swift’s Avalon Ingram says payment security relies on AI and collaboration to detect anomalies, strengthen risk management, and anticipate financial threats.

AML / KYC

Westpac Pilots “First of its Kind” Anti Scam AI Tool

By Sanday Chongo Kabange | 29/05/2025

AI synthesises information from customer phone conversations in real-time to highlight key indicators to enable bankers to respond more effectively

Fintech / Regtech

Taiwan FSC Survey Reveals Growing Use of AI Among FIs

By Manesh Samtani | 29/05/2025

FSC survey reveals increased use of AI and generative AI among financial firms, focusing on operational improvements and fraud prevention.

Fintech / Regtech

RBI Establishes Six-Member Board to Regulate Payment Systems

By Mark Johnston | 29/05/2025

The new Payments Regulatory Board integrates government-nominated representatives while keeping the RBI at the helm.