FINTECH / REGTECH

Fintech / Regtech

RBI to Boost Security of Cross-border CNP Transactions

By Nithya Subramanian | 11/02/2025

The RBI proposes to require an additional factor of authentication for card-not-present  transactions initiated by overseas merchants or acquirers

Fintech / Regtech

ASIC Seeks Industry Feedback on BNPL Regulatory Guide

By Thisanka Siripala | 10/02/2025

The proposed regulatory guide outlines the obligations for low cost credit contracts and BNPL contracts under the consumer credit regime.

Securities / Derivatives

FSC Korea Grants Final Approval for ATS Launch on 4 March

By Manesh Samtani | 10/02/2025

The FSC said the ATS launch will bring about extended trading hours, more diverse order types, and lower transaction costs for investors.

Crypto / Digital Assets

PNG Completes CBDC Trial with Japan’s METI and Soramitsu

By Editors | 10/02/2025

The PoC involved building a secure payment infrastructure that enabled real-time payments and P2P remittances through a mobile app.

Fintech / Regtech

GFIN Report Calls Out Risks to Consumers from AI

By Thisanka Siripala | 10/02/2025

The report says financial consumers could be harmed by black box approaches, data privacy issues, and AI washing.

Fintech / Regtech

EU Commission Releases Guidelines on Prohibited AI Practices

By Thisanka Siripala | 09/02/2025

Eight AI applications will be banned strictly prohibited due to their potential risks to European values and fundamental rights.

Market Infrastructure

CPMI Addresses Challenges of Extending RTGS Operating Hours

By Manesh Samtani | 09/02/2025

CPMI says operators can implement changes to extend RTGS operating hours in conjunction with other modernisation efforts such as ISO 20022 migration

Fintech / Regtech

SEBI Allows Brokers to Offer Algo Trading to Retail Investors

By Nithya Subramanian | 07/02/2025

Brokers must obtain stock exchange approval for each algorithm, and any subsequent modification, to offer it to retail investors.

Fintech / Regtech

Australia Consults on Regulations for New BNPL Regime

By Thisanka Siripala | 07/02/2025

The consultation covers fee caps and inquiries that must be made about a consumer’s financial situation, among other things.