Fintech / Regtech

AML / KYC

India’s NPCI Launches Payment Authorisation Tech Challenge

By Editors | 10/02/2021

Fintechs, solution providers and developers are invited to submit unique solutions that can simplify payment authorisations for the UPI.

Fintech / Regtech

PBOC Directs Regional Banks to Only Seek Local Customers

By Editors | 10/02/2021

The PBOC told regional banks to focus on serving local customers and to not accept deposits from customers outside their regions.

Fintech / Regtech

BOK Calls for Review of Legal Framework to Enable CBDC Issuance

By Sanday Chongo Kabange | 10/02/2021

In a new research paper, the BOK discusses key issues relevant to the issuance of a CBDC, including its design elements and legal and policy implications.

Fintech / Regtech

Bursa Malaysia, Alliance Bank Establish Data Partnership to Help SMEs

By Editors | 10/02/2021

Bursa’s datasets and analytics capabilities will enable Alliance Bank to identify issues at SMEs and proactively recommend relevant solutions and advise on financing.

Fintech / Regtech

PayNow Now Available on GrabPay, Singtel Dash, Liquid Pay

By Editors | 10/02/2021

The Association of Banks in Singapore says PayNow has been made available to non-bank financial institutions for the first time since its launch in 2017.

Fintech / Regtech

China Finalises Anti-monopoly Rules for Internet Platforms

By Editors | 09/02/2021

The rules prohibit platform operators from abusing their market dominant positions through behaviour designed to reduce or restrict competition.

Fintech / Regtech

SGX, Trumid, Hillhouse to Launch Asian Bond Trading Platform

By Editors | 08/02/2021

The partnership will connect SGX’s and Trumid’s bond trading platforms to enhance liquidity and execution in the Asian bond market for global clients.

Crypto / Digital Assets

SEC Thailand Orders Crypto Exchange to Suspend Client Onboarding

By Ranamita Chakraborty | 08/02/2021

Bitkub needs to address five major issues before it can resume onboarding new clients, after high volume trading disrupted its systems in January.

Fintech / Regtech

Toss Bank Applies for Digital Bank Operating Licence in Korea

By Editors | 08/02/2021

Toss Bank was awarded a preliminary licence to operate an internet-only bank in December 2019. It plans to launch operations in mid-2021.