Managers of Wealth Asia Pacific

SWIFT Is Trialing a New Payment System to Take on Fintechs and Blockchain Tech

A recent GPI test, was successfully conducted in October, carrying out instant cross-border payments with banks in China, Singapore, Thailand and Australia.

IPOS grants first FinTech patent under expedited scheme

The patent was granted to Philippines-based tech company Voyager Innovations for an invention which “allows audiences at an onsite or offsite live event to participate in real-time activities such as surveys or prize draws through an app.”

ICICI Bank launches Robo Advisory App for Mutual Fund Investment

It will facilitate a paperless KYC and online registration process for mutual funds in a single click, which is a first among banks.

Grab teams with SM Investments for Phillippines market push

Grab has quickly become an ‘everyday app’ with over 125 million downloads region-wide and a presence in 1 in 2 smartphones in the Philippines, and with partnerships with over 60 of the world’s leading financial institutions.

IRESS launches client portal through XPLAN software

IRESS has launched a customisable client portal via its XPLAN software.

Jirnexu banks $10m from credit giant Experian and SBI

It has also developed tools to help financial services providers handle online applications, as well as customer acquisition and engagement.

APAC Banks plan to offer open Banking Services to Commercial Customers

Enables financial services commercial customers to share financial data securely

Credit reporting agency TransUnion ‘a finalist’ in bid for Hong Kong’s next big fintech project despite data security row

The goal is to provide a centralised digital database of consumers’ personal and credit information to allow for the sharing of data across financial institutions to improve the efficiency and cost-effectiveness of services.

Cryptocurrency and Digital Asset Custody – Solving the Security Conundrum

Cryptocurrencies - he reported - have had a major struggle this year

The impact on investors when Chinese internet companies venture abroad

The implications for Australian ultra high net worth (UHNW) investors are immediate: their US-domiciled listed Nasdaq and unlisted venture capital exposures are being compromised in ways that will erode core liste

Calastone to launch blockchain-powered global funds marketplace in May 2019

Calastone believes that the overall global cost of fund distribution could be reduced by as much as GBP3.4 billion, achieved through the technological mutualisation of the trading and settlement processes.

TheWall: Wealth Management: It is time to go digital

They are familiar with the multitude of financial technology (fintech) offerings in the market and would not want to review hundreds of paper documents and wait for an account to be opened manually.

Malaysia’s securities regulator unveils blockchain blueprint

The 25-page document also discusses the role of various stakeholders when implementing DLT-based infrastructure for unlisted and OTC markets.

Here Comes the Blockchain Phone

A premium device called Block will hit the market in the first quarter of 2019, with a better built-in camera, a faster processing chip and integrated crypto wallet.

Singapore Digital Asset Industry Launches Best Practices

The first phase of the program is to create an industry-wide Code of Practice.

Hong Kong start-up Oriente raises $145m in funding

Fintech firm to develop products, extend reach in South-East Asia

Europe’s fintechs head east to challenge Asia’s traditional banks

Nutmeg and Tandem to launch in HK while Revolut moves into Singapore and Japan

Cyber attack can spark a run on banks: MAS

Loss of confidence in financial institutions has impact on wider financial system, says report

Family Bank partners with SimbaPay to launch instant transfers to China’s WeChat

With over 1 billion subscribers, WeChat is the largest payment and social media app in China.

Labuan IBFC sets sights on Asian fintech industry

The midshore jurisdiction’s readily available structures and solutions as well as unique Regulatory stance makes it an Asian domicile of choice for Fintech businesses