Fintech / Regtech

Fintech / Regtech

Bangladesh Cabinet Approves Bill on Payments Supervision

By Editors | 13/03/2021

The bill is aimed at providing additional safeguards against fraud, allowing Bangladesh Bank to monitor all electronic payments and penalise violations.

Fintech / Regtech

Philippine SEC Launches New Online Payments System

By Editors | 13/03/2021

The ‘SEC Payment Portal’ allows for the payment of registration fees, penalties and other fees using  other cashless payment options.

AML / KYC

Addressing Financial Crime Through Data-driven Compliance

By Heather Lee | 13/03/2021

Given the rapid growth of digital technologies in financial services, the most effective way to defeat financial criminals today is to ‘follow the data’, says SWIFT’s Heather Lee.

Fintech / Regtech

BOT Unveils Results of ‘CBDC for Business’ Project

By Ranamita Chakraborty | 11/03/2021

The BOT found that DLT increases efficiency for B2B payments, despite limitations in supporting large transaction volumes and preserving transaction privacy.

Fintech / Regtech

European Banks Push Ahead with Payments Network Plans

By Sanday Chongo Kabange | 02/03/2021

The European Payments Initiative, launched last July, could have a new pan-European payments network in place by 2025.

Crypto / Digital Assets

BOK to Establish CBDC Pilot System Within March

By Sanday Chongo Kabange | 01/03/2021

The BOK has almost completed the design and technical study of its CBDC, but does not intend to rush into the pilot before undertaking legal and regulatory assessments.

Crypto / Digital Assets

Etrading Software Becomes Registration Authority for DTIs

By Editors | 01/03/2021

The UK-headquartered technology provider has been nominated to become the registration authority for the new ISO standard for Digital Token Identifiers.

Fintech / Regtech

Westpac Announces New Partner in Digital Banking Push

By Ranamita Chakraborty | 01/03/2021

Westpac and SocietyOne have signed a partnership expand digital banking services to customers in the second quarter of this year.

Crypto / Digital Assets

Thailand SEC to Enhance Protections for Digital Asset Investors

By Editors | 01/03/2021

The SEC is consulting new qualifications for retail investors in digital assets, and requiring digital asset fund managers and investment advisors to be licensed.