Managers of Wealth Asia Pacific

Bank of Korea: Treat CBDCs as fiat, not virtual assets

The report noted that adopting digital currency could come with a significant GDP boost, as well as making the monetary system in Korea more efficient.

Thailand’s Siam Commercial Bank’s SCB 10X Unit Launches $50M VC Fund for DeFi, Blockchain, Digital Assets Startups

As reported in December 2020, Siam Commercial Bank had partnered with Lightnet to provide cross-border fund transfer services from South Korea to Thailand.

Singapore Announces Strategy for E-commerce Industry: Potential for Global and Regional Hub

Singapore has long been a preeminent destination for establishing regional headquarters for many international firms.

Hong Kong robo becomes stock-picking manager

Aqumon has made use of its AI technology to construct thematic strategies.

Has the pandemic accelerated digital transformation?

A more conversational approach to even simple automated tasks can put the human touch – and a premium service level – at the heart of the next generation of digital wealth tools.

Ex-Macquarie brothers raise $25m for green bitcoin miner

Bitcoin reached record highs this week after Tesla invested $US1.5 billion ($1.9 billion). Iris Energy is an infrastructure play: it can continue to make revenue mining bitcoin when its price falls, given its low-cost structure.

Leading Malaysian Bank Goes Bitcoin, Snaps up 19% Stake in Crypto Exchange

The deal was carried out by the bank’s private equity arm Kenanga Private Equity, which entered into a conditional agreement to buy a stake in Tokenize Malaysia, the exchange’s operator.

BlackRock’s new Asia-Pacific chief sees Hong Kong retaining power

Rising star Rachel Lord appointed to steer asset manager’s expansion in China

Baozun Strengthens Luxury E-commerce Leadership

Strategic acquisition will help premium brands across Singapore and the rest of the world better penetrate China's flourishing e-commerce sector

RBNZ governor blames data hack on Accellion

Orr says a forensic and criminal investigations into the breach is ongoing, as well as an independent KPMG review of the Bank’s systems and processes.

Westpac clamps down on abusive messages sent via payment transactions

Customers will be notified if their outgoing transaction contains inappropriate language from a set list of terms and have their payment stopped.

Standard Chartered taps Gloat to create virtual internal marketplace for workforce

As the Bank anticipates future ways of working

Neobanks’ challenges in taking on big four laid bare by COVID-19

The start-ups followed in the footsteps of digital banks in the United Kingdom that have managed to carve out a meaningful market niche.

Central banks edging toward money's next frontier in digital world

They are cash - created by the state, just as notes and coins are - held directly in a citizen's electronic "wallet" or phone app.

Singapore’s OCBC Bank Approves Mortgages in 60 Minutes Using FICO Technology

One of Asia Pacific’s leading banks wins FICO® Decisions Award for customer onboarding & management using FICO Origination Manager

FinClear boosts API with ThinkMarkets

FinClear delivers API trading via a cloud-based open ecosystem with comprehensive APIs and Developer Hub.

Zühlke Group expands in Asia

Our third location in the region underscores our growth strategy and ambition in Asia.

Philippines: BSP releases Guidelines on the Establishment of Digital Banks

The Bangko Sentral ng Pilipinas issued Circular No. 1105, series of 2020, the Guidelines on the Establishment of Digital Banks.

Beijing to issue 10 million yuan online ‘red packets’ in a broader digital currency trial

Analysts said the trial will pave the way for the digital yuan's broader use and globalization.

Cognizant revenues fall into negative; subdued guidance for 2021

The quarter also took a 120bps impact from the exit of certain content services.

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