Managers of Wealth Asia Pacific

Netwealth cash margin could squeeze

With bank profits recently under pressure and limited competition for deposits, the risk of ANZ renegotiating the cash rate +95bps they paid NWL is rising.

Avaloq receives award for Best Integrated Front Office Solution at the Asian Private Banker Technology Awards

Avaloq, a global leader in digital banking solutions, core banking software and wealth management technology, has won the Best Integrated Front Office Solution award at today’s Asian Private Banker Technology Awards.

Princelings Targeted in Ant IPO Pullout

Ma’s ties with the younger Jiang date back to at least 2012 when the Harvard-educated princeling helped negotiate a deal to buy out half of Yahoo’s stake in Alibaba.

Bitcoin scales US$51,000 for the first time amid crypto fever

MicroStrategy said Tuesday it would sell US$600 million of convertible bonds and use the proceeds to buy more of the tokens.

Sygnum Secures Millions in Backing From Japan

The two firms began cooperating four months ago with plans for a fund identifying digital asset investments.

Payments Fintech Nears Swiss Regulatory Nod

The license would be the second granted after Yapeal, under a Swiss scheme to foster financial start-ups.

Singapore Fintech Partners MoneyGram

The startup raised $31.2 million in 2020, in a Series A funding round led by UOB Venture Management.

Asian authorities clamp down on digital lenders

Officials in credit-hungry economies have struggled to control the fast-growing sector

Are Australian businesses missing out on fintech benefits?

According to the survey, businesses across APAC cited high banking fees (48%), slow and manual service delivery (35%) and the inability to set up global bank accounts (29%) as the top pain points.

Aussie blockchain community calls for more government support around the nascent tech

Blockchain Australia CEO said there should be active consultation while representatives from RMIT said there's an opportunity for 'regulatory evolution' around blockchain and digital assets, such as cryptocurrency.

No upside in owning a neobank, ANZ Bank tech boss says

“It’s very difficult to just buy something and put it into an organisation and suddenly change.”

Growing cyber firm aims to safeguard banks and business

The company, which has customers worldwide, has also signed a new distribution agreement with IT Security Distribution Inc (ITDSI) in the Philippines to expand its local customer base.

Crypto Backers Warn Against Hong Kong Retail Ban

GDF also highlighted that any decision by Hong Kong to issue a retail ban on cryptocurrencies could affect the financial hub’s competitiveness.

Hong Kong offers fertile ground for robo-advisory firms to grow and tap wealth management market in mainland China, Aqumon says

Robo-advisory platform users are forecast to grow 28 per cent in 2021

FinTech