06/14/2017
Race to harness AI dominates as digital tidal wave washes over fund management
Improved communication methods being explored as millennials’ wealth grows
FinTech
06/13/2017
Digital delivery of wealth management - the era of the platform?
The evolution of business models is already underway.
06/13/2017
Observations on the Asian robo market
While robo-advisory can increase productivity, instead of fully automating that process, advisers can review the client portfolio and get pre-processed advice to relay to clients.
06/13/2017
UBS Gets More Social in Asia
Swiss bank UBS claims these are important channels for their clients and the preferred channel for millennials.
06/13/2017
Saxo Capital Markets and OpenMarkets announce Fintech solution for investors
Saxo and OpenMarkets are effectively bridging this gap by providing the first integrated solution for the Australian market.
06/13/2017
Acorn Capital Selects IRESS Platform
“It highlights a growing trend for fund managers to choose solutions that are integrated, deliver business efficiency and meet compliance needs.”
06/13/2017
Singapore Life becomes the first local insurer to be licensed since 1970
It has announced that it has been approved as a fully licensed direct life insurer by the MAS.
06/13/2017
Singapore, Americas Shake on Blockchain in FinTech Pact
“FinTech is fundamentally about ideas and enterprise flowing between cities,” explained MAS FinTech chief Sopnendu Mohanty.
06/12/2017
Wavemaker’s new fund’s all about automation, data, and intelligence: Paul Santos
The firm has at least 10 portfolio companies that count Indonesia as a key market and is looking to invest more in the country, he added. Edited Excerpts.
06/12/2017
"The Future Is Here": Singapore Tokenizes Fiat Currency on the Blockchain
On May 25, the Bank of Canada announced that a blockchain-based solution was not a viable substitute for the LVTS and abandoned Project Jasper.
06/12/2017
3 Western Governments Partnering With Asian FinTech Intitatives
The OCC feels it is high time to create a regulatory framework for FinTech banking institutions as the number of FinTech companies in the U.S. has soared.
06/12/2017
Additiv Asia and iKonsultan Inovatama strengthen ties to provide Indonesian FSIs with innovative Digital Wealth Management solutions
The local presence of IKON’s consultants in Jakarta and their knowledge of local specificities of the Indonesian financial sector combined with Additiv’s successful track record in delivering digital investment solutions for both end-investors
06/09/2017
Hong Kong, Singapore rivalry hobbling Asia in $100 bln fintech race - lobby group
Hong Kong, Singapore, Australia, Japan, South Korea and Malaysia have launched a range of special programmes to attract and foster fintech ventures, from incubators and grants, to temporary license waiver schemes
06/08/2017
Billionaire VC Draper shifts attention from China to Indonesia
Indonesia has the second-highest dependency on cash in the world after India, according to the World Bank
06/08/2017
Singapore Trials its Digital Dollar via an Ethereum Blockchain
The banks would swap the digital currency to cash.
06/07/2017
HSBC launches a social network for bank customers
It’s a multilingual platform that, like LinkedIn, lets companies post organizational profiles and post content on a “what’s new” page.
06/07/2017
Thailand’s Kasikorn Bank launches $30M ‘Beacon’ fund for fintech
The investment thesis is “to learn from startups and improve our go-to market strategy,” Na Ranong said in an interview, adding that the bank would not put shackles on its portfolio companies.
06/06/2017
BDO Unibank Renews and Expands Fiserv Relationship to Increase Business Flexibility and Speed to Market
Signature provides a robust, multicurrency, multichannel banking solution.
06/06/2017
Consultancy titan EY to offshore hundreds of jobs to India
Fresh wave of outsourcing could slash UK IT team from 600 to less than 100
06/06/2017
CreditEase Wealth Management Expanded in Singapore
The new office opening was hosted by CreditEase Founder and CEO Ning Tang, CreditEase senior executives, distinguished guests from Blackstone, KKR and Tishman Speyers and other strategic partners.