Managers of Wealth Asia Pacific

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ANZ completes landmark stablecoin payment

ANZ today announced it has successfully executed the first ever Australian-bank issued Australian dollar stablecoin (A$DC) payment through a public permissionless blockchain transaction. ANZ delivered the stablecoin for Victor Smorgon Group via Zerocap, a

Malaysia nod for digital banks may include Grab-Singtel, which also won in Singapore

According to the report, the five may win because their joint venture partners have deep pockets and established connections with the underserved market, which are mostly in the remote states of East Malaysia.

Adding value through multibanking

The opportunity is twofold

Will Malaysia be next to make bitcoin legal tender?

“Countries considering the introduction of central bank digital currencies, while deviating from the tenets of crypto"

Portal Asset Management launches its own actively managed multi-strategy fund

The fund is uncorrelated with traditional asset classes such as equities, real estate, bonds and commodities and also with the cryptocurrency markets.

Central banks, BIS team up on digital-currency payments

This has the potential to reduce reliance on intermediaries and, correspondingly, the costs and time taken to process cross-border transactions.

Fintech Acquires Citi Small Business Banking Assets

Singapore-headquartered Validus was founded in 2015 and is focused on SME growth financing in Southeast Asia.

MoneySmart Gets $162 Million Bid

The major shareholders of MoneySmart holding more than 5 percent stakes include Catapult Ventures CEO and Founder Vinod Nair, Kakaku.com, SPH Ventures and Golden Gate Ventures, the filing said.

Crealogix listed as a strong performer in The Forrester Wave™: Digital Wealth Management Platforms

The report also noted that reference customers highlighted our platform’s reliability, validated the strong front-end experience, and noted our responsiveness and good implementation support.

Buddy Technologies writes down intangible assets

Buddy’s write down is a result of adopting significantly reduced forecast revenue growth rates.

Microsoft, Temasek invest in ConsenSys

ConsenSys will use the proceeds to buy Ether for its treasury, which holds the second-largest cryptocurrency along with stablecoins and other digital tokens.

Tata Mutual Fund launches Tata Nifty India Digital Exchange Traded Fund

“As a result of the structure of the index, we believe that the Tata Nifty India Digital Exchange Traded Fund will be able to leverage on the evolving digital scenario in the long term”

AMP Bank’s investment in technology speeding up loan approvals

Banking

SGX and OCBC launch low carbon index tracking of top companies

The resulting top 50 companies by market capitalisation will constitute the index with capped weighting to ensure portfolio diversification.

Top Strategic Technology Trends for 2022

Composable applications make it easier to use and reuse code, accelerating the time to market for new software solutions and releasing enterprise value.

State Street inks pact to develop and launch institutional digital asset custody services

Boston-based State Street had US$42.6 trillion of assets under custody and/or administration and $3.9 trillion of assets under management as of end-June 2021.

SS&C Forms Long-Term Partnership with Australian Wealth Manager

SS&C will work closely with North’s technology team as it continues to enhance the platform’s digital and administrative capabilities for advisers and clients.

Bank Rakyat Indonesia moves into open banking

In Indonesia over 50% of the population does not have a bank account.

Leaders in FinTech: International Women’s Day 2022

To mark the occasion this year, we reached out to our leaders to get their perspectives on today’s environment for women in FinTech and HealthTech—and what advice they have for those entering the field.