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Is 2025 Finally the Year for Open Finance in Southeast Asia?

Fintech News

The initiative seeks to establish multilateral linkages of national retail payment systems. Artificial intelligence (AI) is also gaining traction, particularly for risk assessment and operational efficiency. Technological advancements are another driver of open finance in Southeast Asia.

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Finovate Global: Talking Fintech Regulation in the European Union with EverC’s Maya Shabi

Finovate

Financial institutions will be required to assess “concentration risk” when outsourcing critical or significant operations to external vendors. Shabi: Complying with the MiCA framework is the first thing that comes to mind when cryptocurrency and the EU are mentioned in the same sentence. raised $4.5 in seed funding.

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ECB Publishes First Progress Report on Digital Euro Preparation Phase

Fintech Finance

It has also assessed other essential aspects of offline digital euro payments, with a view to making them seamless, secure and user-friendly. The ECB has started work on a calibration methodology to define the holding limits, which entails a comprehensive monetary and economic assessment.