Fintech / Regtech

Fintech / Regtech

More Japanese Lawmakers Push for ‘Digital Yen’

By Editors | 13/02/2020

Former Ministry of Finance official Kozo Yamamoto says proposals are being drafted to make a digital yen a reality within two to three years.

Fintech / Regtech

Bill Passes to Enhance ASIC’s Fintech Regulatory Sandbox

By Editors | 12/02/2020

Under the amendments, firms will be able to test a wider range of new financial and credit products and services without a licence from ASIC, for a longer time.

Capital / Liquidity

Sea and Grab-Singtel “Leading Singapore Digital Bank Race”

By CorporateTreasurer | 12/02/2020

S&P Global Market Intelligence believes digital banking contenders Sea and the Grab-Singtel consortium are the most likely to gain coveted digital bank licences in Singapore.

AML / KYC

Technology Building Blocks that Enable Real-Time KYC

By Greg Watson | 11/02/2020

Every financial institution has a digital transformation agenda. But what does that really mean? In this post, we look at the why, and more importantly, the how of pursuing a Digital KYC model.

Fintech / Regtech

Federal Reserve Explores Feasibility of US Dollar CBDC

By Editors | 11/02/2020

The Fed is exploring policy and design issues, legal considerations, and financial stability and resilience implications, governor Lael Brainard says.

Fintech / Regtech

AI Expected to Become Key Business Driver in Two Years – Survey

By Editors | 11/02/2020

The Cambridge Centre for Alternative Finance and World Economic Forum, with support from EY and Invesco, shed light on the evolving landscape of AI-enabled financial services.

Fintech / Regtech

DBS Completes First Fully Digital Trade Financing Settlement on NTP

By Editors | 10/02/2020

DBS was able to cut the trade financing processing time from about a week to under one working day, yielding greater operational efficiencies for trade partners.

Fintech / Regtech

S. Korea’s KakaoPay Green-lit to Offer Brokerage Services

By Editors | 10/02/2020

The FSC has granted final approval to KakaoPay allowing it to acquire Baro Investment & Securities and enter the brokerage services space.

AML / KYC

BOT Launches Digital Account Opening Tests at Six Banks

By Editors | 07/02/2020

Six banks will open online deposit accounts digitally, using facial recognition to verify customer identities against information held in the new National Digital ID platform.