Fintech News

DECEMBER 18, 2024

Hasan Fawzi, OJK’s Chief Executive for Financial Sector Technology Innovation and Crypto Assets, emphasised the sandbox’s importance in preventing fraudulent schemes and enhancing consumer protection. These pillars aim to create a robust, inclusive, and sustainable digital financial ecosystem in Indonesia.

FinTech 114

FinTech Law Enforcement Financial Literacy Innovation 114

Fintech Review

JULY 24, 2024

Governments need to create supportive regulatory frameworks that balance innovation with consumer protection. Financial literacy also poses a challenge. This can lead to misuse and mistrust of digital financial services. In many countries, existing regulations do not fully accommodate fintech innovations.

FinTech 105

FinTech Online and Mobile Banking Financial Literacy Financial Inclusion 105

Fintech News

JULY 3, 2024

Tech-savvy population Singapore consistently ranks high in global financial literacy indices. The 2020 Global Financial Literacy Excellence Center report placed Singapore among the top nations in financial literacy.

Financial Literacy 107

Financial Literacy Cryptocurrency Digital Currency Money Laundering 107

Faster Payments Council

APRIL 29, 2021

April is Financial Literacy Month, when the nation is focused on spreading financial literacy education to help consumers understand how to better manage money. Panelists agreed that consumer protections, continued education, and efforts to upgrade legacy systems were of paramount importance.

Financial Inclusion 68

Financial Inclusion Faster Payments FPC Financial Literacy 68

The Fintech Times

DECEMBER 9, 2023

Consumer Duty, a set of rules aimed at enhancing consumer protection in the financial services sector, came into force in July 2023. The Financial Conduct Authority’ s (FCA’s) new rules mean that firms selling financial products now have to meet much higher standards.

Consumer 111

Consumer Financial Literacy Regulations AI 111

Fintech News

FEBRUARY 26, 2024

In Asia Pacific, the lack of a skilled workforce and poor digital and financial literacy were also factors, however this trend can also be observed globally. But the noticeable decline in fintech investment — halved from US$140.8 billion in 2021 to US$77.5 However this is also influenced by other prevailing macroeconomic trends.

FinTech 142

FinTech Consumer Financial Inclusion On-Demand 142

Fintech News

APRIL 8, 2024

Keynotes by Justin Lie, CEO of SHIELD; and Monsinee Nakapanant, co-president of Ascend Money Group, will delve into concrete examples of how AI drives financial literacy, enables access to micro-loans and promotes responsible borrowing, as well as address concerns around algorithmic bias, data privacy and ethical AI development.

FinTech 114

FinTech Cross-Border APACS Participant 114