Managers of Wealth Asia Pacific

Ant International Pushes AI Strategy with AI Platform for Fintechs

Three-pronged AI strategy focuses on AI security, Vertical Fintech Expertise, and Full-stack AI platform support

Scam alert related to banks

The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions.

Nomupay expands in Japan with $40 million investment from SoftBank

The new investment signals the beginning of a partnership between Nomupay and SB Payment Service Corp (SBPS) to provide access to the Japanese market.

Apex Group announces successful acquisition of Iress

The acquisition further strengthens Apex Group’s position in the broader Australian market and superannuation in particular.

Inclusive Innovation from the South: How Indonesia’s QRIS is Reshaping Digital Finance

QRIS, launched in 2019 by Bank Indonesia, now boasts over 50 million users and 32 million merchants—92% of whom are MSMEs.

PingPong expands B2B cross-border payments platform for enterprises with new licenses in the Middle East and SEA

Its onboarding suite of automated KYC and artificial intelligence (AI)-enhanced tools accelerates enterprise customer deployment while reducing friction and compliance risk.

Deutsche Bank partners with finaXai on token fund servicing

It will assess the integration of machine learning and large language models into asset servicing workflows.

MUFG Bank to Use Startup Sakana’s AI to Boost Operations

MUFG Bank Ltd. will use Sakana AI’s reasoning models to deploy internal software to support the bank’s decision-making processes under a three-year contract, the startup wrote in a blog post Monday.

Vietnam’s finance sector faces digitalisation challenges despite eased regulation

Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit.

Jackson Ng of Azimut Investment Management: Driving Practical AI Innovation in Wealth Management

His message was direct: in a world of limitless technological possibilities, wealth managers must prioritise value creation and approach AI adoption with focus, agility, and pragmatism.

Silverlake and Huawei Cloud to Develop AI-Driven Core Banking Platform

The partnership aims to streamline banking operations, strengthen cybersecurity, and support digital transformation efforts across the financial sector.

Crypto platform FalconX partners with Standard Chartered

The partnership marks FalconX's first collaboration with a global traditional bank and suggests growing institutional demand for digital assets through traditional finance channels.

Criminal attacks, human error drive data breaches

Malicious and criminal attacks were the main source of breaches.

Bhutan Enables Tourists to Pay with Crypto for Everything from Visas to Street Vendors

Over 100 merchants across Bhutan have been onboarded.

Australian banks prioritise digital overhaul to meet demands

The report underscores that customer expectations are changing rapidly, prompting banks to rethink their approaches.

Inside Bank of Singapore’s data-driven transformation

Initially hired to craft the bank’s data strategy and lead its innovation lab, Ms Le Cotonnec soon found that the two efforts were inseparable, especially with the rise of AI.

ADDX Partners with Franklin Templeton and Lexington Partners on Secondaries

Through the partnership, ADDX will offer access to a globally diversified secondaries strategy

HK digital banks to expand wealth services after 74% deposit growth

None of the digital banks have reported a net profit, though their losses have narrowed.

Asia Pacific's AI ambitions hinge on next-generation networks

This shift indicates a growing recognition among companies that robust and flexible connectivity is essential for successful AI implementation.

ANZ Bank set to unveil password-less web banking in mid-2025

ANZ also expects the password-less banking to prevent risk of data breaches and phishing attacks.

FinTech