Managers of Wealth Asia Pacific

Thai Central Bank to Trial Retail Digital Currency

BOT said public demand for retail CBDC will gradually rise over time and that CBDC could become an alternative payment option in the future.

Indonesian state-bank BNI mulls acquiring digital finance firms

The organisation should be cost-efficient, that is the most important consideration in going inorganic

Global fintech investment rebounds in first half of 2021

E-commerce growth fuels investor interest in payments-focused firms

Andrew Walsh and IRESS’ big plans beyond Xplan

What’s interesting about Iress is that for a firm built on the back of its success catering to the software needs of financial advisers, it has developed rather quickly into a diversified technology company with advice as an increasingly marginalise

Iress board accepts takeover bid

The board said it had carefully considered the proposal, and will recommend it to shareholders pending EQT's due diligence.

Iress financial advice revenue drops 4%

Pro forma revenue was up 1% PCP to $298.7 million, while pro forma net profits after tax (NPAT) was up 9% PCP to $27.1 Million.

Coinbase Names Mitsubishi UFJ as Banking Partner in Japan

The move follows the Nasdaq-listed exchange’s subsidiary registering with the Financial Services Agency (FSA), the country’s financial watchdog, in June.

Acacia uses open banking to help Aussies build wealth in sustainable way

Super and investment solutions are in the pipeline.

Digital asset manager Hyperithm raises $11M in Series B round

The round was co-led by Hashed and Wemade Tree, with participation from Coinbase Ventures, Cocone, GS Futures, and Guardian Fund.

Fighting evolving cybersecurity threats in Singapore: No letting the guard down

2020 saw an increase in cyber threats such as ransomware, phishing attacks and online scams

Ethereum to exceed Bitcoin’s value within five years

Ether is up around 240% this year, while Bitcoin is up less than 38%.

Can legacy banks stay relevant with banking as a service?

In Southeast Asia, BaaS platforms have surfaced as key components of open banking.

Singpore's Azentio takes over Islamic core banking outfit Path Solutions

Singapore's Azentio Software has acquired the core banking software assets of Path Solutions, a technology supplier to 150+ Islamic financial institutions across the globe.

Digitising Wealth Management in the Post-Pandemic Future

Only cloud infrastructure and services have grown in 2020.

Kakao opens blockchain units in Singapore, eyes expansion overseas

With the two at the forefront, the South Korean internet giant will pursue the globalization of its public blockchain project, Klaytn, from Singapore.

Korea to rationalize cryptocurrency market

Binance's decision to leave Korea amid the toughening regulatory hurdles here is expected to speed up the reshuffle of the domestic crypto market

DBSV gets in-principle approval to provide trading services for digital payment tokens

The exchange, which recorded close to S$180 million in total trading value in Q2 2021, had first operated only during Asian trading hours.

Launch of Aicadium, a Global Centre of Excellence in AI Technologies and Solutions Founded by Temasek

Aicadium aims to fulfill a need shared by Temasek’s global network of portfolio companies and others seeking to improve their business outcomes using artificial intelligence.

Are Complex Corporate Actions Stunting Your Growth?

A lack of automation in corporate action processing will increasingly constrain growth whether organic or through acquisition.

Indonesia’s millennials drive interest in investment apps, but financial literacy lags behind

As investment interest has risen in Indonesia, illegal fintech platforms are preying on vulnerable victims.

FinTech