Fintech / Regtech

Fintech / Regtech

ECB Outlines How It Uses AI Tech for Central Banking

By Editors | 01/10/2023

The ECB is using AI to automate data collection and analyse text documents, and exploring the use of large language models for multiple use cases.

AML / KYC

Open Ownership Integrates LEI Into Beneficial Ownership Datasets

By Editors | 01/10/2023

LEIs are now embedded into Open Ownership data records, which GLEIF says will allow easier identification of corporate beneficial owners and controllers.

Fintech / Regtech

ISDA Exploring Development of “Industry Notices Hub”

By Editors | 30/09/2023

The hub would help to address uncertainty over the delivery of critical notices between derivatives market counterparties.

Fintech / Regtech

BOT Issues Guidelines on Biometric Technology Adoption

By Editors | 29/09/2023

The guidelines introduce six guiding principles to serve as the minimum requirements for financial service providers in applying biometric technology.

Securities / Derivatives

FIA Issues Recommendations for Strengthening Cyber Resilience

By Manesh Samtani | 29/09/2023

The recommendations were developed based on input from a taskforce formed by FIA in March, in response to a ransomware attack against ION Markets.

Crypto / Digital Assets

BIS Innovation Hub Concludes Project Mariana Trials

By Editors | 29/09/2023

The project explored the use of DeFi automated market makers for the cross-border exchange of CBDC in different currencies.

Fintech / Regtech

How Should Financial Institutions Govern AI Usage?

By Ranamita Chakraborty | 28/09/2023

Ying Yi Liew from Baker McKenzie Wong & Leow discusses AI governance considerations for financial institutions in Singapore at the recent TechLaw.Fest.

Fintech / Regtech

HKEX Confirms Launch Date for New IPO Settlement Platform

By Editors | 28/09/2023

The new platform, FINI, will shorten the time between the pricing of an IPO and the trading of shares from T+5 to T+2.

Fintech / Regtech

DBS, UOB Add Anti-Malware Feature to Banking Apps

By Editors | 28/09/2023

Last month, OCBC became the first Singapore bank to introduce the new security feature. Citi, DBS and UOB have now also added the feature.