Archive
Intelligently Manage Money with Mobility
Technology has been changing behaviour of people. Many are showing significance reliance on the Internet – mobile network in particular – more than ever. At the same time, technological innovations are led by such behavioural changes. Indeed, successful innovations need
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South Korea Regulators to Expand Open Banking Ecosystem
South Korea’s Financial Services Commission (FSC) has unveiled its work plan for 2021, outlining key areas of focus and policy tasks for the year, including promoting financial innovation by advancing open banking development and adoption, the regulator said on January
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LINE Bank Set to Launch Virtual Bank Soon to Its 21 Million Users in Taiwan
LINE Bank announced that it has been granted an operational license by Taiwan’s Financial Supervisory Commission to launch a virtual bank. LINE Bank has been working with the regulatory authorities on the due diligence process after being one of the
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Taiwan Furthers Open Banking Ambitions
Taiwan is moving forward with its plan to embrace open banking. The country’s Financial Supervisory Commission (FSC) recently granted approval to seven banks to enter the second stage of open banking, Regulation Asia reported earlier. The second phase of open
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6 Ways Hong Kong Banks are Using Regtech to Combat Financial Crimes
A new report published by the Hong Kong Monetary Authority (HKMA) looks at six ways banks in the region have used regtech tools for anti-money laundering and combating the financing of terrorism (AML/CFT) purposes. The report, produced in collaboration with
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