Regtech
Facial Recognition to Protect Singapore Bank Card Holders Rolled Out
Finda System, a fintech company offeringc solutions to the banking sector, announced receiving grant from Monetary Authority of Singapore (MAS) through the central bank’s FSTI (Financial Sector Technology and Innovation) Proof of Concept Scheme. This scheme is aimed at supporting
Read MoreAustralian Regtech Starts Global Rollout in Singapore
Australian-based Regtech firm GCS Agile has signed its first international agreement in Singapore for the use of FACS, their FATCA (Foreign Account Tax Compliance Act) And CRS (Common Reporting Standard) Service. FACS is a world leading software program built specifically
Read MorePartnership to Shape the RegTech Ecosystem in Southeast Asia and Japan
RegPac Revolution headquartered in Singapore and Japan-based encognize have announced a co-operation agreement to support and accelerate the innovation and adoption of Regulatory Technologies, RegTech, in both countries through a program of joint-initiatives. The objectives of the collaboration are to:
Read MoreSwiss Regtech Netguardian Establishes APAC Base In Singapore
Swiss Fintech company NetGuardians is inaugurating a new Asia Pacific headquarters in Singapore to boost its capacity to bring innovative solutions to more financial institutions in the region. NetGuardians is recognized globally as a leader in the fight against cyber
Read MoreThe Singapore Academy of Law Launches Future Law Innovation Programme
The Singapore Academy of Law (SAL) launched its Future Law Innovation Programme (FLIP), a two-year pilot programme to encourage the adoption of technology, drive innovation and create a vibrant ecosystem for legal technology. FLIP was announced last July by Chief
Read MoreRegtech Turns Investor Protection Requirements Into Advantage
Regulatory Technology (RegTech) solutions can help investment firms to meet suitability requirements. Swiss RegTech start-up Riskifier provides in addition to the investor risk profile behavioural and social insights through a user centric experience to empower better investment decisions. Investor protection
Read MoreDigital Transformation And Cybersecurity Are Top Concerns Of CROs
Risk management functions within financial services organizations are primarily concerned with cybersecurity and data-related risks at their firms, according to the EY and Institute of International Finance (IIF) eighth annual global bank risk management survey of Chief Risk Officers (CROs): Restore,
Read MoreConnecting Canadian and South-East Asian RegTech Ecosystems
RegTech Canada and Singapore based RegPac Revolution, have signed a co-operation agreement to collaborate on the development of cross-border Regulatory Technology initiatives. For those who are not aware of this recent phenomenon, RegTech (or Regulatory Technology) is the application of
Read MoreSAS and KPMG launch first cloud-based IFRS9 and stress testing RegTech solutions in Asia
SAS and KPMG in Singapore released two new Managed Analytics Service Providers (MASP) solutions – the first cloud-based, cost-effective and secure solutions in market to help financial institutions in Asia meet the International Accounting Standards Board’s (IASB) new IFRS9 reporting
Read MoreHow Regulators can help Fintech?
The Asia Securities Industry & Financial Markets Association (ASIFMA) has formulated a set of ten best practices to guide regulators in Asia as they seek to support the development of Fintech to better serve consumers, businesses and investors. Fintech is
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