Managers of Wealth Asia Pacific

Digital Wealth Asia Forum 2018 - HK

All are key capabilities banks and players should have.

Hong Kong holds meeting to enhance cross-border fintech collaboration

The round table was attended by about 45 senior representatives

Traditional wealth managers set to lose market share to robo-advisors, says GlobalData

In previous years, traditional wealth managers across the globe had a widespread level of agreement that robo-advice would seize market share.

IRESS Tipped To Win 80% Of Wealth Management Market

The analyst is aware that IRESS is currently grappling with structural change in the investment management industry, including the loss of market share by active fund managers to passive and automated investment products.

Goodbye bank. Hello fintech returns

The number of “millionaires next door” is growing exponentially in Asia-Pacific and they are turning to technology as they seek better returns from their investable assets.

Rakuten signs JV agreement to offer online banking services in Taiwan

It decided to foray into online banking services in Taiwan to further bolster its business ecosystem centred on the e-commerce and credit card segments.

Nowhere but Up: The Continued Growth of Asian Payment Apps

Forecasts issued by Frost & Sullivan suggested that the market of mobile payments services in China will grow at a compound annual growth rate (CAGR) of 21.8 percent from 2017 to 2023, growing three-fold from US$29.93 trillion to US$96.73 trillion.

Indonesia’s KinerjaPay collects $200m funding

Rio Chandranegara, business development at Wahana Group, adds that while KinerjaPay is one of the “leading digital market players in Indonesia, it is also a US company which trades in the world’s most liquid market in the US”.

EY, Capgemini and KPMG named top RPA services providers on the planet

RPA service providers are those enterprises which aid in the planning, implementation, management and optimisation of RPA systems.

Objectway Delivers New Integrated Digital Front-End Solutions for BNY Mellon’s Pershing

Objectway has been working closely with Pershing since July 2017 to phase in all the required services.

ICBC Selects Gemalto Contactless Payment Cards to Accelerate China’s Digital Payment Transformation

ICBC’s cards follow the security of global EMV standards.

Robots are not killing our jobs, says World Bank

The World Bank does not guarantee the accuracy of the data included in this work.

Swiss company buys Australian-founded fintech vendor with KWM’s help

The deal will be funded by cash and debt, KWM said.

Mizuho Bank to Launch Its Native Digital Currency with Support of Other 60 Banks

According to the source the banking group Mizuho Bank aims to promote cashless payments by bringing about 60 regional banks on board.

Number of Chinese Crypto Lawsuits Doubles in 2018

The website found that the scams were promoted across more than 3,000 different platforms and noted a significant increase in the number of pyramid schemes ostensibly associated with cryptocurrency over the last two years.

Asian markets offer major opportunities for fintechs

Enterprise Ireland had a major presence at both events, aiming to raise the profile of Irish fintech providers and introduce them to key players in Asia.

Will there be adults in the room when tokens disrupt the financial order of venture capitalists and angel investors?

Blockchain firms from the US and Hong Kong are launching ‘tokenised’ venture capital funds, promising better liquidity and quicker returns for investors

Ripple remittance apps launch in Korea, Kuwait

Ripple has two major products xCurrent and xRapid.

10 Takeaways from the Fintech Ecosystem Playbook

Three relevant examples are Switzerland with cryptocurrency and blockchain, Malaysia with Islamic banking, and Stockholm with payments, the report notes.

Gateway's Shankar bets on 'biscuits, not bitcoins'

Back to basics investment strategy shuns fads in favor of everyday needs

FinTech