Managers of Wealth Asia Pacific

Singapore builds software toolkit to help FIs use AI responsibly

To help firms adopt the principles and methodologies, the consortium has put together the software toolkit,

Sberbank launches mobile remittances to China

Leonid Shnyr, director, payments and transfers, Sberbank, says: “We have added one more country to the geography of Sber’s cross-border transfers today. I am certain that remittances to China will be sought after among our clients.”

SEI taps into Malaysian wealth management industry

The company joins Malaysia’s Maybank Group to expand investment access for rich Malaysians.

Emirates NBD, Singapore’s APIX join hands to boost fintech innovation

Emirates NBD to get access to 1,000+FinTechs and their real-time APIs

Thailand Poised to Join Global Rush for Virtual Banks

“We expect to see more competition and innovations by allowing virtual banking and it will benefit depositors,”

Digital strategy key to banking growth

A solid and modernised system coupled with a stable and sustainable business model could position banks at the forefront of the digital payments revolution.

Colonial First State selects FNZ

CFS strengthens commitment to significantly increase competition in Australia's wrap platform market through strategic partnership with one of the world's leading wealth management platform providers.

SEI Partners with Maybank Group to Expand Investment Access for Malaysian Investors

SEI Further Extends Global Footprint with Malaysian Wealth Management Partnership

FinTech Australia launches ecosystem map

The map is free for all to use.

Singapore’s GIC, US fintech Equinix in US$525 million Korea data centre tie-up

California-based Equinix specialises in internet connection and data centre businesses.

Class shareholders approve HUB24 acquisition

He said the scheme consideration represented an attractive premium to Class’ recent historical trading prices.

LUCA Japan inks strategic partnership

Xen Capital will build and operate the platform infrastructure to facilitate product distribution, client management, quarterly reporting, and secure transaction settlement.

Aladin Bank turns to Google Cloud for Islamic banking tech innovation

Aladin Bank, an Islamic bank in Indonesia, has announced a “strategic collaboration” with Google Cloud.

Indonesia switches on real-time payment system

Indonesia is the latest in a series of Southeast Asian countries to upgrade its national payments infrastructure to drive digital economies and accelerate growth.

Asia’s Virtual Banks Need Regulator Oversight to Guard Data, BIS Says

Technology brings down transaction costs for serving higher risk customers

RBC moves its Asia wealth management platform to the cloud, powered by Avaloq technology

Avaloq has been serving RBC Wealth Management’s growing Asia operations since 2012

Singapore’s Temasek to buy Element Materials for US$7 billion, report says

Temasek had a net portfolio value of S$381 billion ($283.31 billion) as of end-March 2021.

Central Bank of the Philippines Finds Digitalisation Will Ease Inflation in the Long Run

The wider adoption of digital payments in the Philippines is expected to have a positive impact on inflationary trends moving forward, according to the Bangko Sentral ng Pilipinas.

Singapore robo Syfe launches first neobroker platform

The launch comes six months after Syfe raised S$40 million (US$30 million) in a Series B funding round led by Valar Ventures, a venture capital firm co-founded by Peter Thiel, the co-founder of PayPal.

Binance and Thai firm to study feasibility of setting up digital exchange in Thailand

The deal comes less than a year after Binance ran into trouble with Thailand’s securities regulator.