FINTECH / REGTECH

Fintech / Regtech

Bursa Malaysia Forms Working Group to Bolster Cyber Resilience

By Nithya Subramanian | 24/06/2025

The industry working group will assess cybersecurity gaps and develop sector-wide best practices for safeguarding Malaysia’s capital market.

Fintech / Regtech

India’s TRAI, RBI Launch Digital Consent Pilot to Curb Spam Calls

By Nithya Subramanian | 23/06/2025

India’s telecom and banking regulators have launched a pilot project giving consumers greater control over promotional communications.

Big Picture

Report Urges Swift Action to Cement Hong Kong’s Status as Web3 Hub

By Manesh Samtani | 23/06/2025

New report by Web3 Harbour and PwC outlines several key enablers for Hong Kong to become a global financial centre for Web3 and digital assets.

Fintech / Regtech

Mainland China and Hong Kong Launch Fast Payments Link

By Sanday Chongo Kabange | 23/06/2025

HKMA and PBOC launched “Payment Connect”, streamlining cross-boundary payments and remittances between Hong Kong and Mainland China.

Fintech / Regtech

BSP Proposes Model Risk Management Guidelines for FIs

By Sanday Chongo Kabange | 20/06/2025

The BSP has proposed model risk management guidelines for financial institutions to enhance operational resilience and mitigate potential losses.

Fintech / Regtech

Thailand Awards Three Virtual Banks Licences

By Manesh Samtani | 20/06/2025

Thailand has awarded virtual bank licences to three consortia, including one led by SCB X in partnership with China’s WeBank and Korea’s KakaoBank.

Fintech / Regtech

UBS, Pictet Suffer Data Leak Following Cyberattack on Vendor

By Thisanka Siripala | 20/06/2025

Both banks said client information was not affected by the cyberattack on Chain IQ, only employee-related data.

Fintech / Regtech

South Korea Launches Enhanced “MyData 2.0” Service

By Sanday Chongo Kabange | 19/06/2025

“My Data 2.0” incorporates seven improvements announced in April 2024 including full financial asset consolidation and enhance consumer protections.

Enforcement

ACCC Fines NAB Over CDR Data Quality Issues

By Sanday Chongo Kabange | 19/06/2025

The ACCC said NAB’s payment of the penalties is the highest amount paid for alleged contraventions of the CDR rules to date.