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Vietnam to Launch Two-Year Sandbox for P2P Lending, Data Sharing

Fintech News

While domestic fintechs and credit institutions may apply to join, participation in the sandbox does not guarantee future regulatory approval once permanent legal frameworks are introduced. Only firms licensed by the State Bank of Vietnam (SBV) will be allowed to participate, and foreign banks are explicitly excluded.

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

Fintech News

Vietnam, though still lacking a legal framework for open banking, has seen progress through initiatives by individual banks. Open banking leaders and laggers in Southeast Asia, Source: Twimbit analysis, Dec 2024 Featured image credit: edited from freepik The post Is 2025 Finally the Year for Open Finance in Southeast Asia?

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The GENIUS Act Passes: 4 Things This Means for Banks and Fintechs

Finovate

The GENIUS Act, however, offers both banks and fintechs a clearer legal framework to issue and use stablecoins since it outlines requirements for licensing, reserves, and oversight. Photo by Andrew George on Unsplash The post The GENIUS Act Passes: 4 Things This Means for Banks and Fintechs appeared first on Finovate.

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5 Global Trends That Banks Can’t Ignore in H2 2025

Finovate

Jurisdictions like the EU, Hong Kong, and Singapore are starting to define legal frameworks for tokenized financial products. Photo by Pixabay The post 5 Global Trends That Banks Can’t Ignore in H2 2025 appeared first on Finovate. Regulatory clarity is also beginning to transpire.

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APP fraud: Mid-year review

The Payments Association

The PSR has separated pre- and post-policy data, making comparisons difficult. This inconsistency introduces both legal uncertainty and reputational risk for firms and undermines consumer confidence in the fairness of the reimbursement regime. One of the most significant changes lies in how APP fraud is now defined.

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New Era for Digital Assets: Using Tokenised RWAs as FX Trade Collateral

The Fintech Times

Peter Left , head of digital finance at Lloyds Banking Group, said: “This groundbreaking initiative proves that digital assets can be used in regulated financial markets under existing legal frameworks here in the UK. This has established another key digital milestone in the foundation for a more open and efficient financial system.”

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Credit Card Surcharges in Canada: A Legal Guide

EBizCharge

Canada’s legal framework leaves much of the regulatory nuance to the provinces, each of which has its own set of consumer protection laws. If you’re asking, “Is it legal to add a surcharge for credit card payments”, EBizCharge helps you say yes—with confidence and clarity.