FINTECH / REGTECH

Crypto / Digital Assets

China Launches e-CNY ‘Hard Wallet’, Resembling Convential Credit Card

By Editors | 12/11/2024

The PBOC hopes the card, aimed at seniors, students, and foreign visitors in China, will expand accessibility to and adoption of the e-CNY.

AML / KYC

Asian FinTech Associations Sign MoU on Anti-fraud Collaboration

By Editors | 12/11/2024

14 Asian FinTech associations signed an MoU last week at an event hosted in Taiwan to enhance collaborations in anti-fraud.

AML / KYC

AUSTRAC Launches New System for Enrolment, Registration and Reporting

By Sanday Chongo Kabange | 12/11/2024

AUSTRAC says the new online portal makes it easier and faster to enrol or register a new business and to meet AML/CTF obligations.

Enforcement

BSP to Probe GCash Over Unauthorised Deductions

By Sanday Chongo Kabange | 12/11/2024

The unauthorised deductions incident was attributed to a “system error”, but the BSP has vowed to investigate.

Fintech / Regtech

BIS Announces Pablo Hernández de Cos as Next General Manager

By Editors | 12/11/2024

Pablo Hernández de Cos, the former Governor of the Bank of Spain, will take over from Agustín Carstens starting 1 July 2025.

ESG / Sustainability

HKMA Urges Banks to Adopt and Support GreenTech

By Manesh Samtani | 11/11/2024

Carmen Chu said the HKMA will soon publish an adoption practice guide outlining how Greentech can help FIs achieve their sustainability targets.

Crypto / Digital Assets

UBS Pilots Digital Cash for Cross-Border Payments

By Nithya Subramanian | 11/11/2024

UBS Digital Cash is aimed at boosting efficiency, transparency, and liquidity management for corporate and institutional clients.

Fintech / Regtech

NETS, Liquid Group Announce Expanded SGQR+ Services

By Nithya Subramanian | 11/11/2024

The expansion of services by NETS and Liquid Group follows the successful POC launch of SGQR+ by the MAS last November.

Crypto / Digital Assets

RBA Invites Industry to Participate in Digital Money Experiments

By Editors | 11/11/2024

The project will explore how different forms of digital money and associated infrastructure could support the development of wholesale tokenised asset markets in Australia.