Fintech News

JANUARY 17, 2024

The digital economy in Southeast Asia, projected to hit US$100 billion, is a double-edged sword. To address these issues, the Reserve Bank of India (RBI) took action in 2023 by mandating stricter IT governance and risk controls. It brings prosperity but also makes the region a cyberattack hotspot.

Deepfake 122

Deepfake APACS Scams Authentication 122

The Fintech Times

MARCH 23, 2024

Addressing these issues head-on is From Fintech to Ubiquitech: Accelerating the wider UK Digital Economy, a new report authored by a working group led by Dr. Ruth Wandhöfer. “Digitisation, automation, digital currencies and payments, AI as well as the pandemic all have changed the face of the UK economy,” she says.

Economy 59

Economy Crime Legal Framework Government 59

Fintech Review

APRIL 26, 2024

To enable us to become a more attractive proposition, Uzbekistan improved process and governance including implementing appropriate legal frameworks and financial resources for entrepreneurship and investment, as well as creating ample opportunities for investors and increased transparency in the investment process.

FinTech 59

FinTech Government Governance Legal Framework 59

Neopay

JULY 18, 2024

Money laundering is a pervasive issue, affecting economies and societies worldwide. Anti-Money Laundering Risk: According to the Basel Institute of Governance, the global anti-money laundering risk averaged 5.25 Nearly all criminal activities generate profits, and offenders must find ways to make these illegal funds appear legitimate.

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Money Laundering AML Crime Cryptocurrency 52

The Fintech Times

JULY 2, 2024

Also, I think there’s no question that Latin America is particularly important now in the global investor economy with the growth of nearshoring making it more attractive for investors, particularly in the United States. There are political shifts, economic reforms, and efforts to modernise outdated legal frameworks.

FinTech 59

FinTech Cross-Border Underserved Legal Framework 59

Segpay

MAY 1, 2024

DORA entered into force on January 16th, 2023, and its legal implementation deadline is January 17 th , 2025. Its legal framework is designed to enhance the operational resilience of all digital service providers, including payment service providers (PSPs), that operate in the European Union (EU).

Cybersecurity 52

Cybersecurity Compliance Procedures Risk Management 52

Basis Theory

OCTOBER 1, 2024

It’s hard to argue the role PCI compliance plays in today’s digital economy. Today, the framework introduced in the early 2000s outlines 12 PCI requirements that merchants must satisfy to process credit card transactions on the card networks. Don't, however, let the term "merchants" fool you.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

PYMNTS

JANUARY 15, 2021

But those same payments mechanisms must be in compliance with various regulatory and legal frameworks. They will want to be part of those transactions – crossing gig economy , shared economy and other platforms that can have global reach across long-tail markets (and even the smallest of merchants).

Stablecoins 101

Stablecoins OCC Regulations Office of the Comptroller of the Currency 101

CB Insights

OCTOBER 26, 2020

In April 2018, Spotify did just that and demonstrated how the emergence of tech as a major driver of the economy’s returns could one day reshape the way all companies go public. For this work, the underwriting bank can make tens of millions from an IPO — whether or not the stock performs well.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

Fintech News

FEBRUARY 2, 2025

Indonesia has emerged as an attractive destination for digital businesses in Asia-Pacific (APAC), showcasing a strong and expanding digital economy. By 2030, this value is projected to soar to US$200-360 billion, solidifying the countrys position as Southeast Asias biggest and most dynamic digital economy. Under BI Regulation No.3/10/PBI/2001

AML 108

AML Due Diligence Money Laundering Legal Framework 108

The Fintech Times

APRIL 22, 2025

Both parties explored how Vietnam could establish a legal framework for crypto assets. In the meeting, Minister Nguyen Van Thang outlined the government’s plan to launch a pilot sandbox mechanism that will allow regulators to test the issuance and trading of crypto assets in a controlled environment. .

Regulations 55

Regulations AML Legal Framework Money Laundering 55

The Fintech Times

JANUARY 18, 2025

. “Fintechs must navigate regulatory frameworks that often lag behind innovation, ensuring compliance without compromising accessibility. Collaboration with governments and NGOs can help fintechs expand their reach responsibly and effectively.” “Another challenge is balancing profit and purpose.

FinTech 59

FinTech Financial Inclusion Underserved Cybersecurity 59

Fintech News

FEBRUARY 11, 2025

So, how can the economies in this region harness the benefits of AI while ensuring ethical use, data security, and fairness? This includes intellectual property, data privacy, and financial services, ensuring a holistic approach to AI governance. government include a bipartisan Senate report which outlines some key policy areas.

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AI Regulations APACS Consumer Financial Protection Bureau (CFPB) 117