08/20/2015
IRESS sees profit in wealth management
IRESS also acquired digital advice platform Innergi.
FinTech
08/20/2015
A Hundred Apps Bloom in China as Millions Bank on Their Phones
Consumers are skipping straight from cash to mobile finance.
08/20/2015
Hong Leong Bank aims to digitise wholesale banking
The move excludes its treasury segment and is aimed at acquiring new customers while retaining existing ones.
08/20/2015
Singapore and HK’s fintech future called into question
Regional rivals' lighter regulatory burden could make Hong Kong and Singapore alsorans in financial technology, say industry players. The two cities need to harness native innovation to catch up.
08/20/2015
Unleash, Develop, Disrupt
The Citi Mobile Challenge is a next-generation accelerator that combines a virtual hackathon with an incubator to discover innovative solutions for the banking sector.
08/19/2015
P2P Payments App Xendit Launches In Indonesia
The company is billing itself as a more private money-transfer service that’ll beat companies like Venmo to the market in Southeast Asia.
08/19/2015
Tencent makes funds splash with launch of WeBank app
China’s first private internet bank WeBank has launched its mobile digital platform, which will distribute six activelymanaged funds from China Universal AM and Bosera Funds.
08/19/2015
Asset Management Industry UBL Funds launches 1st Mobile App
The UBL Funds Smart Savings App is a convenient and easy application that gives investors access to their investment account on the go.
08/19/2015
Hong Leong Bank digitalises wholesale banking with Intellect Design Arena
The bank will implement the omnichannel component of iGTB at the front-end
08/19/2015
Asian Taxi-Hailing Startups Give Uber a Run for Its Money
Valuations for GrabTaxi, Didi Kuaidi and Ola Cabs total nearly $20 billion together
08/19/2015
Infosys gains on order from African bank
The order is from Fidelity Bank Plc., Nigeria to implement Finacle version 10
08/19/2015
ICICI Bank launches digital locker
Customers can access it without any intervention by the branch staff,
08/19/2015
GrabTaxi, a Southeast Asia Uber Rival, Raises $350 Million
The company, which counts Japanese telecom firm SoftBank and a unit of Singapore state investor Temasek Holdings as shareholders, has now raised about $700 million since it was launched in 2012.
08/17/2015
Mirae Asset decides not to enter Internet-only bank biz
The government said their financial soundness would be regulated in the same way as that of other commercial lenders.
08/14/2015
Emirates NBD launches mobile remittance service to India
The service builds on the bank's popular DirectRemit platform that allows money transfers in 60 seconds to beneficiary accounts.
08/12/2015
E-bank theft a piece of cake for hackers
Customers, mobile phone firms must boost weak cyber security
08/11/2015
Bendigo Bank boss sees value in tech partnerships
Partnering with technology companies makes sense given pace of change in industry
08/11/2015
Alibaba Revs Up Online Auto Business
SCMP points out that the move on the part of Alibaba and Yongda comes at a time when sales of luxury automobiles in China via traditional methods are on the decline.
08/10/2015
ANZ Banking Group sets up a tech panel to teach the board about IT disruption
The establishment of the panel comes as banks grapple with how the digitisation of information, rise of global technology companies and emergence of fintech start-ups are radically reshaping customer expectations of banking.
08/07/2015
South Korea moves towards first online-only bank
Korea Investment, a local brokerage and asset manager, is expected to take a 50 per cent stake and is sounding out interest among the country’s four commercial lenders including Hana Bank and Shinhan Bank for the remaining stake.