Fintech / Regtech

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    Fintech / Regtech

    Korea FSS Announces Plans to Transform Supervisory Processes

    By Thisanka Siripala | 19/03/2025

    The digital transformation plan includes AI-based risk monitoring, a paperless regulatory framework, and a cloud-based collaboration system.

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    Crypto / Digital Assets

    Nomura Issues Japan’s First Digital Bonds Using DVP Settlement

    By Thisanka Siripala | 19/03/2025

    Nomura also revealed that DCJPY was used in place of fiat currency in a PoC to test digital currency settlement for digital bonds.

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    Fintech / Regtech

    OJK Indonesia Issues Rules for Financial Service Aggregation Providers

    By Mark Johnston | 18/03/2025

    Aggregation services facilitate consumers in comparing, selecting, and/or using financial products and services that match their profiles and/or needs.

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    Fintech / Regtech

    Cambodia, Thailand Partner With UnionPay on Cross-Border Payments

    By Mark Johnston | 18/03/2025

    Users of Cambodia’s Bakong app can make cross-border payments by scanning UnionPay and WeChat Pay QR codes.

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    AML / KYC

    Crypto and Fintech Are Reshaping Terrorist Financing – Report

    By Nithya Subramanian | 18/03/2025

    The Global Terrorism Index 2025 reveals that cryptocurrencies, AI deepfakes, and illicit gold mining are providing new revenue streams for terrorist organisations.

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    Fintech / Regtech

    Indonesia Launches QRIS Tap for Faster, Contactless Payments

    By Nithya Subramanian | 18/03/2025

    The central bank initiative aims to boost financial inclusion and accelerate digital payment adoption across Indonesia.

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    AML / KYC

    Korea Rolls Out Nationwide Mobile Resident Registration Card

    By Thisanka Siripala | 18/03/2025

    The initiative allows residents to access digital identification through their smartphones for use in activities such as bank account opening.

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    AML / KYC

    Taiwan Unveils Prototype of New Digital Identity Wallet

    By Mark Johnston | 18/03/2025

    The digital identity wallet will enable banks and insurance firms to save time and resources verifying the identities of customers.

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    Fintech / Regtech

    FSS Korea Meets with FinTech CEOs to Outline Supervisory Plans

    By Thisanka Siripala | 18/03/2025

    The meeting included executives from major fintech firms such as Kakao Pay, Toss Payments, Coupang Pay, and Naver Financial.

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    AML / KYC

    Korea Introduces New Safeguard to Prevent Unauthorised Account Opening

    By Thisanka Siripala | 17/03/2025

    Consumers can apply for the ‘Non-Face-to-Face Account Opening Safe Block’ service to preemptively prevent the unauthorised creation of deposit accounts.

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