Fintech / Regtech

Big Picture

BIS Paper Offers Policy Options for Regulating Bigtech

By Manesh Samtani | 17/03/2021

Authorities are assessing whether existing regulatory approaches are fit for the purpose of regulating the financial operations of bigtechs.

Fintech / Regtech

Ant Group Imposes Self-Discipline Rules, CEO Resigns

By Sanday Chongo Kabange | 17/03/2021

The self-discipline financial rules apply to Ant Group’s wealth management, insurance, consumer loans, small-and-micro-business loans and credit-scoring businesses,

Fintech / Regtech

SGX, Marex Spectron Join Forces on Ferrous Analytics Tools

By Editors | 17/03/2021

Marex Spectron will apply its analytics tools on publicly available data for SGX commodity derivatives to provide Titan OTC participants with in-depth analysis and richer datasets

Fintech / Regtech

Ex-HKEX CEO Charles Li to Launch SME Funding Platform

By Sanday Chongo Kabange | 16/03/2021

The former stock exchange CEO Li is looking to address due diligence challenges, high risks and low funding amounts in traditional SME finance methods.

AML / KYC

Fintel Alliance Secures Win Against ‘Cuckoo Smurfing’ Syndicate

By Ranamita Chakraborty | 16/03/2021

ANZ’s link analysis capability allowed the rapid interrogation of combined banking datasets, which led to the arrests of five individuals involved in an international cuckoo smurfing syndicate.

Fintech / Regtech

BOJ Publishes Paper on Cloud Services Risk Management

By Sanday Chongo Kabange | 15/03/2021

The paper is aimed at helping FIs to improve their IT governance by increasing awareness of cloud services and related risk management practices.

Fintech / Regtech

Bangladesh Cabinet Approves Bill on Payments Supervision

By Editors | 13/03/2021

The bill is aimed at providing additional safeguards against fraud, allowing Bangladesh Bank to monitor all electronic payments and penalise violations.

Fintech / Regtech

Philippine SEC Launches New Online Payments System

By Editors | 13/03/2021

The ‘SEC Payment Portal’ allows for the payment of registration fees, penalties and other fees using  other cashless payment options.

AML / KYC

Addressing Financial Crime Through Data-driven Compliance

By Heather Lee | 13/03/2021

Given the rapid growth of digital technologies in financial services, the most effective way to defeat financial criminals today is to ‘follow the data’, says SWIFT’s Heather Lee.