Fintech / Regtech

Fintech / Regtech

BNM to Upgrade RENTAS, Including to Facilitate CBDC

By Sanday Chongo Kabange | 07/03/2024

BNM’s modernisation plan for RENTAS includes future-proofing the system and enhancing its risk management functionalities.

Crypto / Digital Assets

BIS Innovation Hub to Explore ‘Privacy by Design’ for CBDC

By Manesh Samtani | 07/03/2024

The BIS Innovation Hub and HKMA have launched Aurum 2.0, a project focused on building privacy features into CBDC systems.

Fintech / Regtech

BSP to Enhance Reporting Rules for Money Services Businesses

By Editors | 06/03/2024

MSBs would also need to notify the BSP within five days of any event which may have a significant negative impact on their business or reputation.

Big Picture

BIS Explores Design Features of Fast Payment Systems

By Editors | 05/03/2024

New BIS article outlines the main design features of fast payment systems that may foster adoption, such as allowing non-bank participation.

Fintech / Regtech

Malaysia, Cambodia Agree to Link Payment Systems

By Editors | 05/03/2024

BNM and NBC agreed to encourage the use of local currency settlement and to link their payment systems to enable cross-border QR payments.

ESG / Sustainability

JPX Develops Method to Automate TCFD Disclosure Checks

By Mark Johnston | 05/03/2024

Large language models are used evaluate securities reports to check whether recommended TCFD disclosures were made.

Crypto / Digital Assets

UDPN Launches “All-in-One” Digital Currency Sandbox

By Editors | 05/03/2024

The sandbox contains technologies for CBDC, tokenised deposits, stablecoins, purpose-bound money, and security and bond tokenisation systems.

Fintech / Regtech

Thailand to Open Applications for Virtual Bank Licences in March

By Mark Johnston | 05/03/2024

The Bank of Thailand aims to grant three virtual bank licences by mid-2025, with a view to seeing services launch in 2026.

Fintech / Regtech

RBI Approves Establishment of New Online Payments Platform

By Ajoy K Das | 04/03/2024

Bharat BillPay Limited will set up a platform that will enable payment aggregators to accept transactions from any bank without having to onboard each one separately.