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AML / KYC
HKMA Calls for Broader Adoption of Network Analytics by Banks
By Manesh Samtani | 09/05/2023
Around 60 percent of retail banks in Hong Kong are now deploying network analytics. Some are using this capability to file “super STRs”.

Fintech / Regtech
BIS to Test Quantum Resistant IT Environments for Financial System
By Editors | 09/05/2023
“Project Leap” will test the ability of a quantum-resistant algorithm to maintain the confidentiality of payment messages transmitted between Banque de France and Deutsche Bundesbank.

Fintech / Regtech
Indonesia, Malaysia Expand Cross-Border QR Payment Link
By Editors | 08/05/2023
The linkage will provide “faster, cheaper, more transparent and more inclusive cross-border payments”, said Bank Indonesia governor Perry Warjiyo.

Fintech / Regtech
AI Ethics: A Framework for Investment Professionals
By Siva Ramachandran | 06/05/2023
CFA Institute’s Siva Ramachandran and Phoebe Chan examine the ethical aspects of using AI tools in investment management.

Fintech / Regtech
UK CMA Commences Review of AI Models
By Sanday Chongo Kabange | 05/05/2023
The CMA’s initial review will explore the opportunities and risks AI models could bring for competition and consumer protection.

Fintech / Regtech
RBI, BIS Launch G20 TechSprint Focusing on Cross-border Payments
By Editors | 05/05/2023
The 2023 TechSprint will focus on technology solutions to address illicit finance risk, FX and liquidity solutions, and technology for CBDC platforms.

Fintech / Regtech
G7 Ministers Outline Actions to Contain AI Risks
By ESG Investor | 03/05/2023
Ministers endorsed an AI action plan for “promoting global interoperability between tools for trustworthy AI”.

Fintech / Regtech
Hong Kong Virtual Banks Saw Narrower Losses in 2022 – Report
By Editors | 02/05/2023
ZA Bank and Mox Bank have the largest customer bases. None of the eight virtual banks are profitable yet, but their losses have mostly narrowed.

Fintech / Regtech
Singapore Fintechs to Get Support for Australia Expansion
By Editors | 02/05/2023
The SFA and Austrade signed an MoU that will help fintechs expand across borders. Support will be provided by Enterprise Singapore, HSBC and AWS.

Fintech / Regtech
ASX Issues Update on CHESS Replacement Partnership Programme
By Editors | 01/05/2023
Under the A$70mn Partnership Programme, ASX will offer payouts to stakeholders to support their efforts in meeting project milestones.
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