Fintech / Regtech

Crypto / Digital Assets

Singapore Proposes GST Exemption for Digital Token Payments

By Editors | 09/07/2019

Transactions involving digital tokens or cryptocurrencies that function or are intended to function as a medium of exchange will be exempt from GST.

Big Picture

Open Banking, APIs Will Unlock a Host of Opportunities: NPP Australia

By Editors | 08/07/2019

A new white paper from NPP Australia provides an overview of developments in other real-time payments markets, including opportunities and challenges for the payments sector.

Fintech / Regtech

Malaysia to Finalise Regulatory Framework for ICOs by Year-End

By Editors | 06/07/2019

A framework for ICOs, originally expected by the end of Q1, is now under review by relevant stakeholders, according to deputy finance minister Datuk Amiruddin Hamzah.

Fintech / Regtech

Australia: Consumer Data Right Legislation Could Delay Open Banking

By Editors | 05/07/2019

The Consumer Data Right Bill is needed for banks to be able to transfer their customers’ personal data to another institution, a cornerstone of the open banking initiative.

Fintech / Regtech

Asia Ahead of Other Regions in FinTech: IMF

By Editors | 04/07/2019

Policymakers are facing a balancing act between keeping up with the pace of fintech development and trying to ensure risks are well understood and mitigated.

Fintech / Regtech

Singapore Digital Banks to Disrupt Smaller Incumbents the Most

By Editors | 04/07/2019

Singapore’s big banks will be able to defend against new digital entrants, while small foreign-owned incumbents will face the greatest disruption risk, says Moody’s Investors Service.

Crypto / Digital Assets

Taiwan Targets October Start Date for World’s First STO Rules

By Editors | 02/07/2019

Fundraising through STOs will be capped at TWD300mn; individual investors will be allowed to purchase up to TWD300,000 worth of security tokens.

Fintech / Regtech

BIS ‘Innovation Hub’ to Set Up in Hong Kong, Singapore

By Editors | 02/07/2019

The BIS Innovation Hub will foster collaboration between central banks and, by extension, help the private sector fully realise ‘new economy’ opportunities.

Fintech / Regtech

Building Ethical AI into Banking Innovations

By Scott Zoldi | 01/07/2019

FICO’s chief analytics officer Scott Zoldi discusses his patent work aimed at achieving the explainability, transparency and auditability regulators demand of AI models.