With regional banking authorities supporting fintech accelerator events, the "regtech" movement is gathering steam.
Hong Kong’s regulator observed that more fintech initiatives were being explored by the banking industry.
License requirements, risk data aggregation are among the tasks being addressed using the 'sandbox'
Wei-Shen Wong takes a look at where regulators in Singapore, Hong Kong and Japan stand in terms of encouraging fintech innovation, and examines who has taken the lead.
Hong Kong’s regulator believes that the market can serve as a gateway to Mainland China and as an ideal region for FinTech development.
The emergence of "sandbox" organizations and development environments are fostering a climate of innovation.
Chheda will help firms and vendors to adopt new technologies to evolve Data-as-a-Service architectures.
Barchart will provide FinTech Sandbox participants with access to datafeeds and APIs.