Digital Transformation
The Reserve Bank of India (RBI) has announced the expansion of Card-on-File Tokenisation (CoFT) services to include card-issuing banks. This development, outlined in a...
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Banking Frontiers
Digital Transformation
The Reserve Bank of India (RBI) has initiated a public consultation process for its newly released ‘Draft Omnibus Framework for Recognising Self-Regulatory Organisations (SROs)...
Banking
Amsterdam, December 19, 2023 – In a groundbreaking move, bunq, the second largest neobank in Europe, has unveiled Finn, its proprietary Generative AI-driven platform,...
Articles
India Stack, which powers facilities in India like Aadhaar, UPI and DBT, is poised for global adoption: India Stack, the set of open APIs...
Digital Transformation
The Monetary Authority of Singapore (MAS) has directed remittance companies to only collaborate with banks, card network operators like UnionPay International, or licensed financial institutions...
Digital Transformation
In a move to address regulatory concerns, the Reserve Bank of India has issued new guidelines for investments in Alternative Investment Funds (AIFs) by...
Digital Transformation
A report from Redseer Strategy Consultants forecasts that by 2027, Unified Payments Interface (UPI) will lead 90% of payments in India, a testament to...
Digital Transformation
HDFC Bank has successfully completed the Test Phase of their ‘Offline Retail Payments’ product under the ‘On Tap’ application facility for the theme ‘Retail...
Digital Transformation
In 2024, Singapore plans to initiate a pilot program for the live issuance and use of wholesale central bank digital currencies (CBDCs), as announced by Ravi Menon, the Managing Director of the Monetary Authority...
Digital Transformation
Monetary Authority of Singapore partners financial industry to expand asset tokenization initiatives
The Monetary Authority of Singapore (MAS) has announced that it is leading a significant expansion in asset tokenisation initiatives. This move, part of Project Guardian, aims to bolster the institutional adoption of digital assets, enhance market efficiencies, and unlock...
