10/27/2022
‘We never lost interest’: Asian family offices buy into crypto
Digital asset investments fuelled by weak returns from equity and property
FinTech
10/27/2022
UBS launches digital wealth management platform, WE.UBS, in Shenzhen, China
The platform provides both local and global investment solutions through a robust selection process, dedicated investor education as well as 24-hour tracking based on market developments.
10/27/2022
Carrara Capital Chooses SS&C for Inaugural Fund Launch
Australia's specialist alternatives manager will leverage SS&C GlobeOp for Carrara Global Opportunities Fund
10/25/2022
ASIC sues BPS Financial for alleged misleading statements about crypto-asset Qoin
ASIC is seeking declarations, pecuniary penalties, injunctions and adverse publicity orders from the Court.
10/25/2022
Sumitomo Mitsui likely to face headwinds in foray into US digital lending
The gap in interest rates between the U.S. and Japan prompted Sumitomo Mitsui Financial to embark on a go-stateside strategy, as higher U.S. interest rates would offer higher loan yields for banks, analysts said.
10/25/2022
UOB Malaysia launches digital banking platform for SMEs
UOB said its app’s features have been developed based on the insights from the ASEAN SME Transformation Study 2022 by the bank, Accenture and Dun & Bradstreet.
10/25/2022
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Despite the ongoing bear market, family offices and high-net-worth individuals in Hong Kong and Singapore are keen to invest in crypto or already have holdings.
10/24/2022
nCino and IBM Complete Successful Go-Live of Tokyo-based Kiraboshi Bank
Japanese bank teams up with nCino and IBM to enhance business financing
10/19/2022
NAB launches app to turn phones into payment acceptance devices
This is perfect for Australians with a side hustle - think your local farmers market
10/17/2022
Endowus acquires Carret Private in Hong Kong to become one of the largest independent wealth managers in Asia
This acquisition furthers its commitment to bring professional independent advisory services and investment solutions to the private wealth market in Hong Kong and Singapore, which together represent over 90% of cross-border wealth in Asia.
10/17/2022
Hong Kong to Unveil Virtual Asset Ambitions at Fintech Week
The upcoming FinTech Week will feature participants from 500 companies worldwide, including 200 speakers.
10/14/2022
Open finance startup Ayoconnect’s APIs enable financial inclusion in Southeast Asia
This brings its total raised to $43 million, including the oversubscribed first tranche of its Series B, which was led by Tiger Global and closed in January 2022.
10/13/2022
E-wallet fintechs prosper in the Philippines by targeting the unbanked
Covid-19 restrictions forced many people to adopt digital solutions, just as companies started offering cheaper financial products
10/11/2022
‘Resistance to digital wealth management has almost disappeared in SEA’: Bambu CEO Ned Phillips
Bambu, which raised US$10M co-led by Franklin Templeton in 2019, is getting closer to profitability and that is its goal for now
10/11/2022
Huobi Co-Founder Sells Full Stake
Amid intensifying regulatory crackdowns in China, Huobi left the mainland in 2021 and instead focused on expansion abroad in markets such as Turkey and Brazil.
10/10/2022
Singtel’s Australian IT services unit Dialog reports cyber security incident
There is also no evidence of any link between this incident and the recent Optus security breach which exposed the details of 9.8 million former and current customers.
10/07/2022
Crypto bank Anchorage pushes into Asia
“The validation from partnering with these institutions shows that Anchorage is not only a growing player in the region, but that our offerings have strong global appeal,”
10/07/2022
Australia’s Police Bank selects Temenos Banking Cloud to modernize community banking
Temenos Retail Banking Services will replace Police Bank’s legacy core systems to accelerate digital transformation and drive efficiency
10/06/2022
Most Family Offices in Hong Kong and Singapore Keen on Crypto
Crypto demand was strong even in the retail segment, despite the market correction this year, especially amongst investors who were younger and had a higher risk appetite.
10/06/2022
Fintech Statrys rewarded as 'Best Payments and Collections Solution Hong Kong'
In partnership with DBS, Statrys leverages their comprehensive digital solutions for processing incoming and instructing domestic and international payments to enhance small businesses' cross-border payment experience.