Managers of Wealth Asia Pacific

FNZ appeals merger block as CMA admits ‘errors’

The deal was first announced in July of the same year and was set to bolster FNZ’s position in Australia and the UK.

Cloud Banking Platform Doubles Down on Southeast Asia

The company, whose customers include ABN AMRO, N26, OakNorth, Orange and Santander, experienced approximately 100 percent year-on-year growth over the past year as digital banking picked up pace amid the global pandemic.

South Korea to introduce a 20% tax on crypto trading profits in 2023

After several delays, the South Korean government is going ahead with a plan to tax cryptocurrency holders.

Becoming a bank would shrink but not squash Ant

That looks manageable for Ant, which had net assets of 215 billion yuan as of June.

New Zealand central bank’s data system hacked

The system has been secured and taken offline until the bank completes its initial investigations.

[Tuning In] King Leung about ‘humanizing’ fintech in Hong Kong

Leung, Head of Fintech at InvestHK, discusses the evolution of Hong Kong’s fintech space.

Xi’s push against Jack Ma sparks new threat for China tech

U.S. authorities are now debating whether to ban investments in Alibaba and Tencent, according to people familiar with the matter, in what would be a dramatic blow to two of the companies whose shares are most widely held by global investors.

Singapore Sovereign Wealth Fund Backs Chinese Apple Supplier

The issuance price is determined to be 25.44 yuan per share, the number of shares issued is 589,622,641 shares, and the total amount of funds raised 14,999,999,987.04 yuan.

UOB to expand wealth management services on mobile app

The bank aims to raise this figure to between 45 per cent and 65 per cent by offering new services

Senior IT professional falls for tech support scam, nearly losing $180,000

The man, who gave his name as "Alex Murphy", told Mr KK over the phone that his router had been hacked and anyone could connect to his network.

DBS launches digital training institute to groom tech talent

The trainees will go through skills certification programmes offered by the DBS Future Tech Academy and will also be given free access to the digital learning platforms.

Asia-Pacific firms pivot to the cloud

Pandemic makes 2020 watershed year for cloud computing, data centres

AI is Bringing a Generational Change to the RegTech Industry

HKMA’s assessment holds equally true for capital markets.

Third Major South Korean Bank to Enter Crypto Custody Fray

The bank added that its move would allow it to safeguard customers’ crypto funds from “external hacking and embezzlement” risks, and could be of use to the growing crypto investment and DeFi sectors.

Asia Is Expected to Experience a Dramatic Surge in Digital Banking and Fintech Adoption, with Around 50 New Challengers

Incumbents have invested considerable resources in Cloud technology and are committed to initiatives that will lead to the end-to-end digitalization of banking processes.

Why digital channels may be the way forward in providing wealth management services

Advisory firms today are deploying cutting-edge technology to offer convenience to customers on personal financial management

Commentary: Letting a robo-adviser decide how to invest your money is a double-edged sword

With the rise of FinTech, more people are turning to robo-advisers but this prevents people from being financially literate, says SUTD’s Gordon Tan.

SS&C withdraws Link takeover bid

The Link Group board will continue to consider all alternatives to maximise value for shareholders.

‘Digital Colonisation’: A Tiny Island Nation Just Launched A Major Effort To Win Back Control Of Its Top-Level Internet Domain

“This is the big one,” said Pär Brumark, the Swedish domains expert who is leading a delegation on behalf of the tiny Pacific island.

Indian crypto bank decides to get physical

Unicas plans to offer in-person digital asset services at 100 branches by the end of 2022