Managers of Wealth Asia Pacific

Plain-Sailing Future For Trade Finance Digitization

Trade finance is moving out of the paper age. But to fully leverage digitization, banks need to tear down data silos and standardize tools and procedures.

StanChart taking digital route to expansion in Asia and Africa

He told The Straits Times that his bank's digital push into markets like Hong Kong and Singapore is to target a different group of customers

Switzerland based Fintech Incubator and Accelerator F10 Sets Up Shop in Singapore

F10 seeks to support pre-seed and seed-stage Fintech, Regtech and Insurtech Startups to stimulate worldwide collaboration.

Ex-Morgan Stanley Executives Launch Crypto Derivatives Platform in Singapore

Phemex’s architecture can reduce latency so as to deliver an order entry and response time of less than one millisecond while maintaining stable APIs for algorithmic trading, according to Tao.

Intellect ships RM Office 2020 for wealth managers

Intellect applied Design Thinking to solve its complex problem and completed holistic 6 dimensional needs to empower RM.

Thai digital bank launches biometric tech

In an effort to simplify and secure account opening, access and operations, the bank has deployed fingerprint and facial biometrics.

Japan’s MUFG Bank Says It Currently Has No Plans Of Creating a New Digital Currency

This is not the first time MUFG has been linked to digital currencies.

Ripple is increasing its reach in the Asian market

They claim not to have created the asset or have no centralized control of it, something that is much questioned and debated within the cryptomarket.

Bahrain's Rsquare Technologies Signs MoU with Singapore's Startup Accelerator

The agreement builds upon strong 30-year diplomatic ties between Bahrain and Singapore

Ping An's fintech halo is losing its glow

OneConnect reported a nearly US$150 million net loss in the first nine months of 2019

India has highest concentration of fintech hubs in Asia

Emerging economies outrank developed countries in financial innovation

Two years after Chase acquisition, WePay retains its autonomy

Aberman characterized the consequences of the acquisition as an expansion of WePay’s mandate rather than a “co-opting” of the technology.

Singapore-based app-lending start-up scores $683m valuation

The app uses customers' personal data and machine learning technologies to determine eligibility.

Avaloq Banking Suite adopted by Maybank Group

Avaloq has continued to expand in the Asia-Pacific region, winning new clients and expanding existing relationships due to the ‘future proofing’ capabilities of the Avaloq Banking Suite

Reserve Bank of Australia reviews retail payments regulation

The Issues Paper discusses and seeks stakeholder views on a number of potential issues that could be covered by the Review

As Chinese Digital Banks Arrive, OCBC Gets Ready

It’s attractive to us because it’s the way that we can test out in the new digital economy as to what we could do.

Is Japan considering a digital currency?

The Bank of Japan’s Institute for Financial Research has released a report on legal issues surrounding a Central Bank Digital Currency.

Philippine Business Bank taps Intellect Digital Core to power DX

To be the preferred bank of SMEs, PBB has been focused on increasing its branch network across commercial and industrial centers of the country.

CITIC Launches Robo-Advisor in Hong Kong

The launch makes CITIC the first bank in Hong Kong to offer a goals-based robo-investment advisory solution.

Apis Partners’ Investment In Coda Payments

Coda Payments is a payment processing firm that provides digital content providers alternative payment methods and helps them monetise games and digital contents.

FinTech