Regtech

Singaporean Regtech Tookitaki Among G20 TechSprint Winners

Singaporean regtech firm Tookitaki won in the monitoring and surveillance category for their “Crypto-currency AML Typology Repository Management” solution at the G20 TechSprint challenge. The hackathon-style competition was launched in April to highlight the potential for technology to resolve regulatory

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Evolving Regulatory Landscape Pushes Wealth Managers Towards Regtech Specialists

The rapidly changing regulatory landscape is pushing wealth and asset management companies to turn to specialist regtech providers, experts said. In a webinar that took place on August 25, 2020, Ralf Huber, co-founder of Swiss regtech firm Apiax, and Claire

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Apiax is Awarded MAS’ FSTI Proof-of-Concept Grant

Swiss Regtech startup Apiax has been awarded the FSTI Proof-of-Concept grant by the Monetary Authority of Singapore (MAS) on the 16th June, 2020. The FSTI Proof-of-Concept grant provides funding support for experimentation, development and dissemination of nascent innovative technologies in

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Lack of Access to Capital Hindering Australia’s Potential to Be a Leader in Regtech

Limited access to funding and long sales cycles are hampering Australia’s regtech industry, preventing the sector from realizing its full potential, according to industry trade group the Regtech Association (RTA). The RTA, which conducted qualitative research of 33 regtech companies

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Silent Eight Uses AI to Fight Financial Crime

COVID-19 continues to spread in Singapore with now more than 30,400 confirmed cases and over 20 deaths, according to the latest data from the John Hopkins University. Though the numbers continue to rise, with 614 new cases of COVID-19 infection

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Regtech Solution Provider IMTF Announces New APAC Head

IMTF, the Leading Swiss provider of RegTech solutions in the financial service industry since 1987, has reinforced its APAC focus and presence with the nomination of Jordan Lo to the company’s management team. Jordan Lo will take over as APAC

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BIS Innovation Hub Singapore Calls for Regtech Solutions for Regulatory and Supervisory Challenges

The Saudi G20 Presidency and the Bank for International Settlements (BIS) Innovation Hub today launched the G20 TechSprint Initiative to highlight the potential for new technologies to resolve regulatory compliance (RegTech) and supervision (SupTech) challenges. The BIS Innovation Hub, through its Singapore

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Vizor Software and Wolters Kluwer Announces Regtech Partnership in Singapore

Vizor Software and Wolters Kluwer’s Finance, Risk & Reporting (FRR) business today announced a partnership for the Singapore market that will increase the quality of regulatory reporting while reducing the time and effort required in regulatory compliance. Using the Vizor

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How MyInfo Revolutionized Verification Process in Singapore

MyInfo made verification process easier than ever for the citizens of Singapore and thanks to BASIS ID every FinTech can now integrate this service into its platform. Know Your Customer or simply KYC remains one of the biggest pains for

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Snapshot of Singapore’s Booming Regtech Scene

Regtech, the younger cousin of fintech has quickly risen out of fintech’s shadow and stand on its own two feet. In Asia, this is perhaps no more apparent than it is in Singapore. Not purely a compliance play Regtech involves

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