Fintech / Regtech

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    Fintech / Regtech

    Legislation Introduced to Expand Australia’s Digital ID System

    By Sanday Chongo Kabange | 01/12/2023

    The bill introduces a voluntary accreditation scheme for Digital ID service providers, and will allow myGovID to be used in the private sector.

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    Fintech / Regtech

    JPX to Distribute GenAI-based Stock Analysis to Investors

    By Manesh Samtani | 01/12/2023

    JPXI will use AI technology from Israeli venture Bridgewise to deliver more information on TSE-listed companies to investors “than ever before”.

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    Crypto / Digital Assets

    More Foreign Banks Join China’s CBDC Pilot Initiative

    By Manesh Samtani | 30/11/2023

    HSBC, Hang Seng Bank, Fubon Bank and Standard Chartered are participating in China’s CBDC pilot initiative.

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    Crypto / Digital Assets

    BIS Publishes Findings from CBDC Project to Address Privacy, Security

    By Manesh Samtani | 30/11/2023

    The report says Project Tourbillon shows that it is feasible to implement payer anonymity and “quantum-safe blind signatures”.

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    Fintech / Regtech

    APRA Calls on Firms to Improve Data Risk Management Practices

    By Sanday Chongo Kabange | 29/11/2023

    APRA outlined multiple areas where improvements can be made to improve the data management practices of banks, insurers, and superannuation trustees.

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    Fintech / Regtech

    Indian Government Asks Banks to Ramp Up Cybersecurity Measures

    By Ajoy K Das | 29/11/2023

    A meeting with banks and payments firms was convened by federal authorities in the wake of recent disruptions at Uco Bank and Bank of Baroda

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    ESG / Sustainability

    OJK Indonesia Launches Roadmap to Boost Islamic Banking

    By Editors | 29/11/2023

    The roadmap consists of five pillars, including one focusing on ensuring Islamic banking places emphasis on social welfare alongside profitability.

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    Fintech / Regtech

    Only Two G-SIBs Are Fully Compliant with BCBS 239

    By Manesh Samtani | 29/11/2023

    BCBS report suggests supervisors should consider more forceful measures to incentivise compliance with the principles for effective risk data aggregation and reporting.

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    AML / KYC

    HKMA Launches New Service to Alert FPS Users of Potential Fraud

    By Sanday Chongo Kabange | 29/11/2023

    The new alert mechanism will alert banking customers when an FPS proxy ID is flagged as “High Risk” on the Scameter search engine.

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    Securities / Derivatives

    ASX Commits to Enhancing CHESS Project Delivery Capabilities

    By Editors | 29/11/2023

    ASX has committed to implementing all of the recommendations from an independent review of its Portfolio, Program, and Project Management frameworks.

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