Managers of Wealth Asia Pacific

Hong Kong online banks to spread wings, offering business loans and wealth management

ZA Bank, operated by a unit of ZhongAn Online P&C Insurance, has set itself the goal of breaking even in five years.

The Philippines sees 5 banks seeking digibank licenses

Under the guidelines, digital banks are required to have a minimum capitalization of 1 billion pesos (US$20.8 million).

Chinese Fintechs Remove Bank Deposit Products from Online Platforms

The financial services arms of Tencent, JD.com, Baidu, Didi Chuxing, Meituan, Xiaomi and Lufax have likewise stopped offering deposit products on their platforms. .

Digitalisation and cyber take priority for Singapore businesses

Other risk points include social engineering technology, expanding mobile networks and collaborations with third parties.

New anti-money-laundering regulations should exclude Hong Kong’s bitcoin ATMs to sustain innovation, says industry body

The ATMs may also face more rules, as the government stated in the consultation paper that it will consider regulating them “when the market is ready”.

FOCUS: Japan prepares for digital currency, in line with China and others

Different from credit cards and cashless payment services, digital currencies are expected to provide retailers commission-free payment systems while end-users are able to not only settle payments at stores but also quickly send money to others via their

Wirecard Seeks Buyer in Singapore

At its peak, Wirecard employed more than 350 people in Singapore, where it has a call center, sales deployment team, regional commercial team and project management office.

ZA Tech Partners to Launch Insurtech in Indonesia

The announcment noted that only 1.7 percent of Indonesia's population of 265 million are currently covered by private insurance.

Singaporean Startup Ushers In Digital 4.0 Leveraging Data

Azendian Solutions uses machine learning to develop solutions that enhance the performance of educational institutions and real estates

SoftBank to match NTT Docomo's ¥2,980 smartphone plan as price war escalates

With lower price plans now announced by SoftBank and NTT Docomo, rival telecom carriers KDDI Corp. and Rakuten Mobile Inc. are likely feeling the pressure to match them.

Seba Clinches Funding, Plans Foreign Expansion

Seba is keen to push into lending as well as tokenization – both balance sheet-intensive activities.

What makes a future-ready firm?

There are various goals which can be allocated to digital solutions

China could restrict bank tie-ups with fintech platforms, official suggests

China has vowed to strengthen oversight of its big tech firms, which include the likes of Alibaba Group Holding and Tencent Holdings that rank among the world's largest and most valuable.

China Bank enlists Multisys as tech partner

“The pandemic has changed the game and we are committed to deliver game-changing solutions for the benefit of our customers,”

Hong Kong’s First Licensed Crypto Platform Goes Live

Following the local government’s call to ban retail investor access, Hong Kong’s crypto market will be focused on institutional and professional investors, those deemed as high net worth individuals (HNWI) with some market knowledge and experi

IOOF, BT end platform relationship

"As IOOF embarks on its own platform simplification strategy, alignment with providers who fit within our open architecture approach will be key to continuing to enable choice to our clients,"

Success of US insurtech firms coming soon to Southeast Asia

Disruptive players push traditional insurers to digitalize faster

Singapore Telecommunications and UOB Asset Management to launch robo adviser

The new robo adviser will join a field that has become more crowded in the three years since the first of them, StashAway, made its debut in 2017.

Digital transformation in investment management: Adapt or adopt?

There are two fundamental approaches organisations often consider when they are facing the challenges of an underperforming system.

S.Korea digital bank Kakao Bank picks advisors for planned IPO

Kakao Bank has not decided on the timing of its IPO, which analysts expect to be in the latter half of next year.

FinTech