FINTECH / REGTECH

Fintech / Regtech

MAS Sets Deadline for Mandatory 2FA on Online Financial Platforms

By Nithya Subramanian | 12/06/2025

MAS has set a 12 September 2025 deadline for financial institutions to implement 2FA. Other safeguards include prompt notifications and strong password policies.

Fintech / Regtech

Singapore Eyes Green, Digital Finance to Boost China-ASEAN Ties

By Nithya Subramanian | 12/06/2025

Financial institutions are exploring partnerships in areas including capital market linkages, digital finance and sustainable finance, said MAS’s deputy managing director.

AML / KYC

Data Silos Must Fall to Combat Converging Financial Crime Types: Experts

By Manesh Samtani | 12/06/2025

More collaboration is needed as typologies collide, financial crime experts said at a roundtable hosted by Quantexa and Regulation Asia.

AML / KYC

Taiwan Digital ID System Faces Scrutiny Over Security Flaws

By Editors | 12/06/2025

A lawmaker has called out the government’s response to the abuse of Taiwan’s digital ID system as inadequate.

Crypto / Digital Assets

Japan Tightens Crypto Rules to Safeguard Investor Assets

By Thisanka Siripala | 12/06/2025

Japan’s revised Payment Services Act empowers authorities to issue a “domestic custody order” to failing foreign crypto exchanges.

Crypto / Digital Assets

First PHP Stablecoin Advances Past Regulatory Sandbox Pilot

By Editors | 11/06/2025

Philippine fintech Coins.ph said PHPC is exiting the regulatory sandbox and is now positioned for broader adoption across multiple use cases.

Fintech / Regtech

NPCI Overhauls India’s UPI System to Boost Security

By Nithya Subramanian | 11/06/2025

From 1 August, it will roll out new API usage rules for all banks and payment apps, which includes limiting balance checks and capping account list requests.

Crypto / Digital Assets

Korea Pushes Forward Work on Digital Asset Basic Act

By Manesh Samtani | 11/06/2025

The Act will introduce business conduct and internal control standards for crypto firms as well as licensing and capital requirements for stablecoins.

Fintech / Regtech

Bangladesh Bank Sets Deadlines for Migration to ISO 20022

By Nithya Subramanian | 11/06/2025

Scheduled banks must complete all preparatory work in June 2025 and commence testing activities from July 2025.