FINTECH / REGTECH

Fintech / Regtech

G7 Experts Warn of Quantum Computing Risks to Financial Sector

By Nithya Subramanian | 27/09/2024

The G7 Cyber Expert Group is calling on FIs to prepare for vulnerabilities that could arise from quantum computing.

Fintech / Regtech

Australia Rolls Out Merchant Choice Routing for Mobile Payments

By Thisanka Siripala | 27/09/2024

AP+ said merchants will for the first time have the choice to process mobile wallet payments via the lower-cost eftpos network.

Fintech / Regtech

Cambodia Working to Launch Multi-currency KHQR Codes

By Nithya Subramanian | 27/09/2024

The NBC is working to launch unified KHQR codes that can accept payments using both the riel and US dollar.

Fintech / Regtech

MAS to Continue Suspension of Certain China Remittance Channels

By Nithya Subramanian | 27/09/2024

MAS is still reviewing whether to expand the suspension to corporate and legal entity customers of remittance companies.

Fintech / Regtech

MAS Forms Panel of Cyber & Technology Resilience Experts

By Nithya Subramanian | 26/09/2024

The panel comprises 13 experts who will advise MAS on technology risks and threats facing the financial sector.

Capital / Liquidity

BCBS Advances Follow-up Response to 2023 Banking Turmoil

By Editors | 25/09/2024

The BCBS has finalised a new report on the lessons learned from the 2023 banking turmoil, focusing on liquidity risk. The report will be published next month.

Fintech / Regtech

DBS AI Programme Featured in Harvard Business School Study

By Thisanka Siripala | 25/09/2024

This is the first time an Asian bank or a Singaporean company has been featured by HBS for use in educational programmes.

Fintech / Regtech

NZ Banking Ombudsman Reports Spike in Scam Complaints

By Thisanka Siripala | 24/09/2024

The Ombudsman has called for mandatory codes of practice, a national anti-scam centre, and stronger compensation measures to protect consumers from evolving fraud tactics.

Crypto / Digital Assets

HKMA Commences Phase 2 of e-HKD Pilot Programme

By Manesh Samtani | 24/09/2024

Over 20 firms were selected to explore innovative use cases for e-HKD and tokenised deposits across three themes.