Managers of Wealth Asia Pacific

Disruption ahead in Singapore’s financial sector as digital-only banks loom

Digital full bank licensees here should have only one physical place of business.

Aging Japan: Banks turn to technology to tackle looming demographic crisis

Elderly -- and vulnerable -- Japanese hold half the country's $17 trillion in financial assets

Indonesia plans fixed fees for e-wallet transactions

Ant Financial's e-wallet DANA trails them, along with state-owned payments platform LinkAja.

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.

Tencent users report positive wealth management returns

Licaitong, Tencent's wealth management platform which sells mutual-fund and fixed-term wealth management products, said it now has over 150 million users and 38 percent of these are born after 1990.

When Is It Ethical to Not Replace Humans with AI?

There are legitimate questions about the ethics of employing AI in place of human workers. But what about when there's a moral imperative to automate?

Digital banks heighten competition in crowded sector

Besides stiff competition, the entrance of non-bank players, like e-wallets, is sucking millions from banks

Grab and Singtel team up to apply for a digital full bank license in Singapore

Grab launched in 2012 as a ride-sharing company, but now bills itself as “Southeast Asia’s leading super app”

Five Countries Where Crypto Regulation Changed the Most in 2019

“Some countries now consider them legal tender, while many viewing cryptocurrencies as commodities. Governments around the world are keenly aware of the problem that the technology is rapidly outpacing the laws that govern it.”

Beijing warns against cryptocurrency activity

Many entities have begun to use digital assets in ways the authorities say violate rules implemented in 2017

Asia is overtaking the US in cashless payment

Will 2020 mark the start of a cashless society? It may be for some nations.

Reserve Bank Of Australia Head Of Financial Stability Mentions Stablecoins

He states that future drivers can be broken into three general areas, “The first is the general increased access to, and ability to process, vast quantities of data.

Huobi Japan Secures $4.6M from Tokai Tokyo

Discussing the maneuver, Huobi Japan CEO, Haiteng Chen called the important milestone a nod of “mainstream recognition” towards the crypto space.

Will HSBC spearhead blockchain for banking next year?

The multinational bank is ready to set examples in blockchain for the banking sector.

Ping An-Affiliated Fintech Firm OneConnect Opens Joint Venture in Japan After U.S. IPO

OneConnect has expanded globally since 2018

Australian banks want to one-up Square with tap-on-phone payments

The response from participating merchants and cardholders has been positive,” said Jan Mason

NH Investment & Securities launches hedge fund firm

NH Hedge Asset Management will expand the operating size of NH Absolute Return Fund to receive investment funds from overseas institutional investors and family offices.

OneConnect Opens Joint Venture in Japan

"We have the world's leading technology!" said Ye Wangchun, Chairman and CEO of OneConnect.

Allied Wallet Asia and Founder Andy Khawaja Announce New Asia Headquarters

Not only can we facilitate the payments, but we can support the preferred payment methods of the region, Andy Khawaja added, ¦we do more than support e-commerce – we stimulate growth and entrepreneurship.

Phoenix Finance Ranked in the "2019 KPMG China Fintech 50"

The evaluation contents of "2019 KPMG China Fintech 50" consisted of technologies implemented, business mode innovations, reform of traditional finance, solutions of traditional difficulties and improvements of financial efficiency.

FinTech