Managers of Wealth Asia Pacific

PwC Singapore launches Venture Hub, one-stop shop for investors and startups

The team will be based in city-state and headed by Patrick Yeo, PwC’s Venture Hub leader.

Bank of China to improve fintech services and platforms in Hong Kong

The bank also plans to strengthen its use of big data to eliminate suspicious activity and also to speed up its services like loan approvals.

Looking beyond the hype at fintech in Southeast Asia

Regulatory change, a deep customer mistrust, and a seriously out of tune with reality technology stack and physical infrastructure all contribute to the opportunity to build exciting new companies in Financial Services.

Fintech luring more bank customers, says UBS

Local UBS banking analyst Jonathan Mott along with analysts in London, New York and Tokyo contributed to the global report, titled Global banks: Is fintech a threat or an opportunity?

WealthTrust lunches zero-commission wealth management app

The app allows investors to invest in direct plans of mutual funds of 25 fund houses, where no commission is paid to a distributor.

Myanmar Microfinance Could See Fintech First

An initial test was conducted in June where microfinance transactions were successfully recorded in a blockchain.

Capgemini enters list of top five IT employers in India

TCS remained the largest employer for 2015-16 while the Teaneck, New-Jersey headquartered Cognizant moved down to number three, making way for Sikka led Infosys, that stood second.

Westpac backs AI for digital banking

What’s the best rate, this is what I want to achieve?

VSoft develops app for instant transfer of money

Showcasing the app here, he said the app has a one-time registration to come on board the technology platform.

How robo-advisers are seeking to change the investment management game

A bunch of them have started operations in India and have even raised venture funding over the past year or so. Startups such as Scripbox, Tauro, Wealthy.

Let's not forget that RegTech is also about cybersecurity

The disruptive nature of RegTech provides benefits such as dataset agility, faster report speeds and integration, and analytics that are capable of mining large and complex datasets, the company says

Wealth Management Hiring Skyrockets In Singapore As Fintech Push Continues

According to a report by Morgan McKinley, April saw the UK Treasury announced the launch of a ‘fintech bridge’ between Singapore and the UK.

Icici and Axis become first Indian banks to join Swift global payments innovation initiative

SWIFT is working closely with the industry to transform correspondent banking and with the global payments innovation initiative

Korea and U.K. Activate Fintech Bridge

finews.asia reported on the U.K./Singapore fintech tie up in May this year which in theory enables firms and investors from each country to gain access to opportunities and innovations in the other.

Vermilion Secures Major Asset Manager in Australia for Reporting

The Vermilion solution will primarily be used in delivering reporting to Challenger’s institutional client base.

Hong Kong:B2B fintech firm Quantifeed raises $4.5m Series A from PGA Venture Partners

According to Quantifeed, its software and financial models provide institutions with a configurable solution to suit their wealth management objectives

StanChart to launch digital banking across nine countries

The service enables customers to speak to banking consultants about finding a mortgage or signing up for a new card through their laptop, instead of having to visit a branch.

Wealth management startup seeks to expand out of Hong Kong with $4m series A

Startups like Singapore’s Mesitis and Australia’s StockSpot, which use technology to offer investmenet advice and wealth planning, are targeting the financial hubs of Hong Kong and Singapore.

Westpac Puts Robots On Trial In Digital Banking Platform

As consumers do more of their banking digitally, especially on smartphones, the bank's general manager of consumer digital, Travis Tyler, said it was looking at using "bots" to respond to customers with simple questions.

IRESS upgrades software for MLC users

IRESS has introduced changes to its financial planning software application, Xplan, to further improve speed and accuracy for advisers using MLC’s online application system.

FinTech