Fintech / Regtech

    Enforcement

    Philippines Moves to End Abusive Practices by Fintech Lenders

    By Editors | 18/09/2019

    A code of ethics and code of conduct have been adopted by members of FinTechAlliance.ph prohibiting the harassment and shaming of delinquent borrowers.

    Fintech / Regtech

    Big Data: Who’s Writing the Rules of the Game?

    By CorporateTreasurer | 17/09/2019

    A recent whitepaper commissioned by Deutsche Bank looks at the need for effective regulations for cross-border data sharing and the ethical use of artificial intelligence.

    Fintech / Regtech

    Australia Establishes Senate Committee on Fintech, Regtech

    By Editors | 16/09/2019

    The committee will inquire into the opportunities of fintech and regtech, and benchmark Australia’s environment for innovation against comparable global regimes.

    Fintech / Regtech

    Taiwan FSC Clarifies Rules on Virtual Bank Boards

    By Editors | 13/09/2019

    Banks cannot have executives or board members serving concurrently as directors or supervisors at the virtual banks in which they are invested.

    AML / KYC

    Financial Institutions Must Adapt and Innovate or Be Left Behind

    By Greg Watson | 13/09/2019

    Outdated systems are preventing one in four Asia Pacific banks from investing in disruptive technologies, says Greg Watson, citing a recent Fenergo survey.

    Fintech / Regtech

    Malaysia Association Joins APAC RegTech Network

    By Editors | 10/09/2019

    The APAC RegTech Network was established by the regtech committees of the fintech associations of Hong Kong, Japan and Singapore in May.

    Fintech / Regtech

    Half of IT Budgets to Go to Cloud Services in 2020: Refinitiv

    By Editors | 10/09/2019

    Financial firms say public cloud projects are delivering better-than-expected cost reductions and enabling innovation, but data privacy and regulatory concerns are slowing adoption.

    Fintech / Regtech

    Singapore Streamlines Payment Firms’ Access to Legal Services

    By Editors | 09/09/2019

    The initiative will help connect the payments industry with specialist law firms through a streamlined process to help them comply with the new Payment Services Act.

    Fintech / Regtech

    Korea Eases Fintech Investment Rules for Financial Firms

    By Editors | 05/09/2019

    Under new guidelines, rules limiting how much financial firms can invest in non-financial sector tech firms will be lifted, and investment will be allowed in a wider range of fintech firms.

    Fintech / Regtech

    India Government Panel Pushes for Fintech, Regtech Adoption

    By Editors | 04/09/2019

    The panel has also proposed the development of a marketplace model for P2P lending, and the introduction of virtual banking in India.

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