Managers of Wealth Asia Pacific

CBA connects customers to half a billion dollars in unclaimed benefits

More than one million claims have now been started by customers using the ‘Benefits finder’ digital feature in the CommBank app and NetBank.

ZA Tech Opens Fintech Center in Singapore

It will also partner with local universities to develop further fintech expertise and talent.

Iress partners with Cosaic to bring ChartIQ to its market data platform

The integration means Iress Pro users can analyse data faster, more accurately and in a more flexible way.

DBS rolls out AI-powered investment advisory feature

DBS is also amalgamating the customer knowledge assessment and customer account review assessments a customer must take and pass before being permitted to invest in more sophisticated products.

Is China setting the future agenda for central bank digital currencies?

The Chinese policymakers realise that even if China is on top of the world economic order, it is highly likely that the USD will maintain its dominance

Cardless ATM Withdrawal Services to be Offered in Hong Kong by Ping An OneConnect Bank and JETCO

The 2020 China Fintech 50 list, which recognizes the accomplishments of public and private sector firms

Wealth 8 launches stocks and shares Isa to bridge ethnicity wealth gap: how does it compare?

The launch follows findings in last year’s ‘Colour of Money’ report by race equality think tank Runnymede Trust

Vietnam studies legal framework for cryptocurrencies, report says

Last month, Vietnam’s State Securities Commission advised investors to be cautious about investing in virtual assets, and warned companies and fund management companies against illegal issuance, trading and brokerage of virtual currencies.

Malaysian digital platform touts 10 million ringgit deposits since January launch

Another Malaysian fund manager, Principal Asset Management, has teamed up with digital wallet provider TNG Digital to offer investment solutions for the latter’s e-wallet users.

Singapore Warns Public Against Crypto as World Warms to Bitcoin

MAS chairman says cryptocurrencies ‘highly risky’ investment

DTCC, ING in security token interoperability trial

The core concept is for investors associated with any institutional network to be able to buy digital securities from any token platform.

Bank of Japan to begin digital currency tests

As necessary preparations are now complete, Proof of Concept Phase 1 begins today.

Singapore-Based Neobank to Expand in South Asia

In the announcement, StashFin noted a $1 trillion neobanking market opportunity in South Asia.

Singapore Minister Warns Public on Crypto Trading

Cryptocurrency derivatives traded through financial institutions likewise amounted to less than 1 percent of the derivatives trading activity on SGX.

Digital Advisor Stashaway Rolls Out Hong Kong Platform

Stashaway offers 12 globally diversified growth-oriented investment portfolios targeting different levels of risk, with management fees of between 0.2–0.8 percent

Intellect Design Arena and Yes Bank win award for 'Best Fintech Partner in Asia'

The prestigious recognition was received for the implementation of credit origination system powered by Intellect's API first micro-services based Credit Origination and Management platform.

Thai central bank to test retail baht digital currency next year

A retail CBDC is a digital form of money issued by a central bank comparable to physical banknotes.

Digital currencies are the future in Asia

When digital currencies and cryptocurrencies sprang to life, bitcoin was viewed as a direct challenge to central banks’ control of currency.

Singapore securities firm onboards funds on new platform

They include products managed by the "big names".

B2B companies look to China for digital transformation

E-commerce model and rapid tech advances lay foundation for overhaul of entire value chain

FinTech