Fintech / Regtech

Fintech / Regtech

FSC Korea to Allow Platform Operators Sell Insurance Products

By Editors | 11/02/2021

A new framework will be introduced to allow firms like Kakao and Naver to sell digital insurance products under sandbox-like conditions.

Fintech / Regtech

HSBC, HKTVmall Join Forces to Enhance Access to Trade Finance

By Manesh Samtani | 11/02/2021

HSBC will leverage commercial data from HKTVmall to analyse and forecast business performance during credit assessment, making loan approval faster and simpler.

Fintech / Regtech

Japan Finance Minister to Take CBDC Debate to G7 Meeting

By Sanday Chongo Kabange | 11/02/2021

Taro Aso said at a press conference that he thinks it’s important to “thrash out” policy measures regarding digital currency issued by central banks.

AML / KYC

India’s NPCI Launches Payment Authorisation Tech Challenge

By Editors | 10/02/2021

Fintechs, solution providers and developers are invited to submit unique solutions that can simplify payment authorisations for the UPI.

Fintech / Regtech

PBOC Directs Regional Banks to Only Seek Local Customers

By Editors | 10/02/2021

The PBOC told regional banks to focus on serving local customers and to not accept deposits from customers outside their regions.

Fintech / Regtech

BOK Calls for Review of Legal Framework to Enable CBDC Issuance

By Sanday Chongo Kabange | 10/02/2021

In a new research paper, the BOK discusses key issues relevant to the issuance of a CBDC, including its design elements and legal and policy implications.

Fintech / Regtech

Bursa Malaysia, Alliance Bank Establish Data Partnership to Help SMEs

By Editors | 10/02/2021

Bursa’s datasets and analytics capabilities will enable Alliance Bank to identify issues at SMEs and proactively recommend relevant solutions and advise on financing.

Fintech / Regtech

PayNow Now Available on GrabPay, Singtel Dash, Liquid Pay

By Editors | 10/02/2021

The Association of Banks in Singapore says PayNow has been made available to non-bank financial institutions for the first time since its launch in 2017.

Fintech / Regtech

China Finalises Anti-monopoly Rules for Internet Platforms

By Editors | 09/02/2021

The rules prohibit platform operators from abusing their market dominant positions through behaviour designed to reduce or restrict competition.