Fintech / Regtech

Enforcement

Philippines Moves to End Abusive Practices by Fintech Lenders

By Editors | 18/09/2019

A code of ethics and code of conduct have been adopted by members of FinTechAlliance.ph prohibiting the harassment and shaming of delinquent borrowers.

Fintech / Regtech

Big Data: Who’s Writing the Rules of the Game?

By CorporateTreasurer | 17/09/2019

A recent whitepaper commissioned by Deutsche Bank looks at the need for effective regulations for cross-border data sharing and the ethical use of artificial intelligence.

Fintech / Regtech

Australia Establishes Senate Committee on Fintech, Regtech

By Editors | 16/09/2019

The committee will inquire into the opportunities of fintech and regtech, and benchmark Australia’s environment for innovation against comparable global regimes.

Fintech / Regtech

Taiwan FSC Clarifies Rules on Virtual Bank Boards

By Editors | 13/09/2019

Banks cannot have executives or board members serving concurrently as directors or supervisors at the virtual banks in which they are invested.

AML / KYC

Financial Institutions Must Adapt and Innovate or Be Left Behind

By Greg Watson | 13/09/2019

Outdated systems are preventing one in four Asia Pacific banks from investing in disruptive technologies, says Greg Watson, citing a recent Fenergo survey.

Fintech / Regtech

Malaysia Association Joins APAC RegTech Network

By Editors | 10/09/2019

The APAC RegTech Network was established by the regtech committees of the fintech associations of Hong Kong, Japan and Singapore in May.

Fintech / Regtech

Half of IT Budgets to Go to Cloud Services in 2020: Refinitiv

By Editors | 10/09/2019

Financial firms say public cloud projects are delivering better-than-expected cost reductions and enabling innovation, but data privacy and regulatory concerns are slowing adoption.

Fintech / Regtech

Singapore Streamlines Payment Firms’ Access to Legal Services

By Editors | 09/09/2019

The initiative will help connect the payments industry with specialist law firms through a streamlined process to help them comply with the new Payment Services Act.

Fintech / Regtech

Korea Eases Fintech Investment Rules for Financial Firms

By Editors | 05/09/2019

Under new guidelines, rules limiting how much financial firms can invest in non-financial sector tech firms will be lifted, and investment will be allowed in a wider range of fintech firms.