Managers of Wealth Asia Pacific

Singapore banks become a hotbed for ‘fintech’

Government support and financial experience make city-state fertile ground

Advisers concerned about the advice robos provide: CFA Institute

Despite these concerns, respondents said they thought robos would have the greatest impact on the financial services industry over both a one-year and a five-year time horizon

In China, Traditional Banks Fight Challenge From Internet Firms

Internet companies lent more than $150 billion to customers in 2015, which is an extremely small amount compared to the much larger lending by commercial

Banks should work with fintech firms

He said some banks have worked with fintech companies to develop products and innovation.

Citigroup to Bring Voice Recognition to Asia Amid Digital Push

The growth of Internet and mobile banking means that about 95 percent of Citigroup’s retail banking transactions in the region take place outside the branch network, Selvakesari said.

Bitcoin Trials: CSIRO To Investigate Technology’s Use In Aussie Banking, Business and Government

Bitcoin is the anonymous, intangible currency used by criminals and tech companies alike, but Australia’s leading research organisation will look at ways to use its technology in our banks, businesses, and government agencies

Malaysia banks told to embrace challenges posed by fintech firms

But instead of seeing fintech companies as competitors, we might as well see how we can work together and strengthen our proposition to customers.

Tech giants in crosshairs as Aussie govt redoubles tax chase

ATO powers beefed up.

Dbs Bank launches mobile-only banking to get more customers in India

Instead, customer authentication is done purely using the Aadhaar card.

Japan Officially Recognizes Bitcoin and Digital Currencies as Money

Interestingly, the cabinet also takes into stock the rising importance of virtual currencies and the new bills will recognize them as a means of making payments and having the potential to be digitally transferred.

Paytm Partners With Wipro For Its Upcoming Payments Bank

It will also put in place and manage the data centers for the Payments Bank in order to ensure smooth functioning of the new unit.

Apple, ANZ Bank strike deal to bring Apple Pay to Australia

Apple Pay allows users to register credit cards on devices such as iPhones, and pay for goods and services by swiping the devices over contactless payment terminals.

Making digital solutions count in Asia

As the next generation of wealthy Asians increasingly look to divest family businesses, they are expected to demand more from their wealth managers in terms of quality of service.

SS&C's launches new release of Global Wealth Platform

SS&C has announced the latest enhancements to its Global Wealth Platform (GWP) - the next generation cloud-based investment management solution.

Avaloq achieves a record year

This rapid development is based on the continuous innovation of Avaloq’s software product, the Avaloq Banking Suite, as well as significant demand for BPO solutions.

Kbank in $142m-a-year digital banking drive

Kasikornbank, one of the largest banks in Thailand, says it is to spend THB 5 billion ($142 million) per year in a digital banking transformation project.

DBS launches India's first mobile-only bank

Customer authentication is done purely using the Aadhaar card, a biometrics-enabled ID which has been issued to over one billion Indians - the world's largest biometric identification programme - the bank said.

XPLAN rated number one financial planning software for ninth consecutive year

The 2015 Financial Planning Software Benchmark Report also found that IRESS continued a solid development program for XPLAN during the year.

Mobile wallets to go redundant

About 80 per cent of Indians, more than 90 crore, have access to mobile phones.

First-time investors urged to turn to inexpensive ‘robo-advisers’

This is partly due to a general belief that investments are for the affluent or those with financial expertise.

FinTech