Fintech / Regtech

Fintech / Regtech

UN Advisory Body Issues Recommendations to Address AI Inequalities

By Thisanka Siripala | 28/09/2024

Among other things, the AI advisory body calls for the establishment of a capacity development network for developing nations.

Fintech / Regtech

China Issues Guidelines for Identifying Personal Information

By Editors | 28/09/2024

The guidelines were developed with support from organisations including Ant Group, China CITIC Bank, China UnionPay, and Huawei Technologies.

Fintech / Regtech

India to Develop Payments System for Trinidad and Tobago

By Nithya Subramanian | 28/09/2024

The partnership aims to help Trinidad and Tobago develop a UPI-based real-time payments platform for P2P and P2M transactions.

Fintech / Regtech

G7 Experts Warn of Quantum Computing Risks to Financial Sector

By Nithya Subramanian | 27/09/2024

The G7 Cyber Expert Group is calling on FIs to prepare for vulnerabilities that could arise from quantum computing.

Fintech / Regtech

Australia Rolls Out Merchant Choice Routing for Mobile Payments

By Thisanka Siripala | 27/09/2024

AP+ said merchants will for the first time have the choice to process mobile wallet payments via the lower-cost eftpos network.

Fintech / Regtech

Cambodia Working to Launch Multi-currency KHQR Codes

By Nithya Subramanian | 27/09/2024

The NBC is working to launch unified KHQR codes that can accept payments using both the riel and US dollar.

Fintech / Regtech

MAS to Continue Suspension of Certain China Remittance Channels

By Nithya Subramanian | 27/09/2024

MAS is still reviewing whether to expand the suspension to corporate and legal entity customers of remittance companies.

Fintech / Regtech

MAS Forms Panel of Cyber & Technology Resilience Experts

By Nithya Subramanian | 26/09/2024

The panel comprises 13 experts who will advise MAS on technology risks and threats facing the financial sector.

Capital / Liquidity

BCBS Advances Follow-up Response to 2023 Banking Turmoil

By Editors | 25/09/2024

The BCBS has finalised a new report on the lessons learned from the 2023 banking turmoil, focusing on liquidity risk. The report will be published next month.