FINTECH / REGTECH

AML / KYC

ABS Launches Automated Bill of Lading Verification for Banks

By Nithya Subramanian | 13/02/2025

The tool, developed through a collaboration between the ABS Trade Finance Registry and SGTraDex, will help banks better tackle trade finance fraud.

Fintech / Regtech

OECD Launches Global Reporting Framework for Advanced AI Systems

By Manesh Samtani | 13/02/2025

Amazon, Anthropic, Google, Microsoft, and OpenAI are among those that have pledged to submit reports under the new framework

Fintech / Regtech

MAS, ABS to Form New Entity to Govern Singapore Payments System

By Nithya Subramanian | 13/02/2025

Administration and governance of Singapore’s various payment schemes will be consolidated under a new entity.

Crypto / Digital Assets

OECD Offers Recommendations to Boost Tokenisation in Markets

By Thisanka Siripala | 12/02/2025

New OECD report outlines factors hindering broader adoption of asset tokenisation and offers a series of recommended policy actions.

Capital / Liquidity

India: SFBs Permitted to Link Pre-Approved Credit Lines to UPI

By Mark Johnston | 12/02/2025

Small finance banks now permitted to use pre-approved credit lines to fund UPI transactions, subject to customer consent.

Fintech / Regtech

CBA, Telstra Expands Fraud Detection Collaboration

By Sanday Chongo Kabange | 12/02/2025

CBA and Telstra’s expanded pact will implement a new anti-scam technology to help protect customers from identity theft.

Fintech / Regtech

UK and US Refuse to Sign AI Declaration at Paris Summit

By Thisanka Siripala | 12/02/2025

The UK said the declaration lacked clarity on global governance and did not sufficiently address national security risks.

Fintech / Regtech

Korea Enhances DART Platform to Accommodate Foreign Investors

By Mark Johnston | 11/02/2025

The FSS expects the expanded scope of English disclosure information on the DART platform to help resolve the Korea discount

Big Picture

Swift Action Needed for Transition to Post-Quantum Cryptography

By Thisanka Siripala | 11/02/2025

The Europol-backed Quantum Safe Financial Forum said FIs and policymakers must take immediate steps towards a quantum-safe financial ecosystem.