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AML / KYC
AUSTRAC to Get Additional Powers to Combat Crypto ATM Crimes
By Sanday Chongo Kabange | 16/10/2025
New legislation will empower AUSTRAC to restrict or prohibit high-risk products and give banks new tools to disrupt money mule accounts.
Fintech / Regtech
India's NIPL and NTT DATA Sign Pact to Bring UPI to Japan
By Mark Johnston | 16/10/2025
MOU aims to allow the growing number of Indian tourists in Japan to use the popular mobile payment system.
ESG / Sustainability
Finance Sector Risks Losing Public Trust Over AI Ethics, Report Warns
By Sanday Chongo Kabange | 16/10/2025
A new report by the ACCA and the CISI urges action on skills and governance, highlighting risks from 'black box' algorithms, audit automation and undisclosed data sharing.
Fintech / Regtech
India Enlists Accounting Body for Sovereign AI Model Development
By Mark Johnston | 16/10/2025
The ICAI will provide financial data from listed companies to support the nation's sovereign AI ambitions.
Fintech / Regtech
Japan FSA Mandates Phishing-Resistant MFA for Online Brokers
By Sanday Chongo Kabange | 16/10/2025
New rules require default phishing-resistant authentication for key operations and ban login links in emails to combat rising fraud.
Crypto / Digital Assets
Singapore to Step Up Public Education on Stablecoins
By Nithya Subramanian | 16/10/2025
As MAS finalises its new regulatory framework, Gan Kim Yong, said that SGD stablecoins pose no threat to monetary stability for now.
Fintech / Regtech
HKMA Announces Second Cohort of GenAI Sandbox Participants
By Sanday Chongo Kabange | 16/10/2025
The cohort includes 27 use cases from 20 banks, with a focus on AI governance and using AI to test systems against sophisticated fraud.
Fintech / Regtech
Japan Launches Latest Cross Industry Cybersecurity Exercise with 177 Firms
By Sanday Chongo Kabange | 15/10/2025
This 10th annual exercise includes drills for data breaches, asset outflows, and a 'blind' scenario for banks to test industry resilience.
Fintech / Regtech
India's New Cheque Clearing System Faces Teething Problems
By Editors | 15/10/2025
A bank employees' union has flagged software glitches and inadequate training, leading to delays and increased workloads during the Diwali season.
Fintech / Regtech
Malaysia Launches First Industry-Wide Skills Platform for Financial Sector
By Nithya Subramanian | 15/10/2025
The digital platform benchmarks workforce capabilities and accelerates upskilling across Malaysia’s financial sector in line with national talent goals.
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