Managers of Wealth Asia Pacific

China drafts new antitrust guideline for internet companie

Claimed monopolistic practices by internet platforms include as requiring a provider to deal exclusively

Commentary: Thanks to China's move on Ant, FinTech firms may look like banks soon

FinTech has thrived in other jurisdictions compared to China because of the presence of regulation, says Chris Skinner.

Tech Stocks Slowly Gaining Prominence in Singapore’s Market

To add to that, Singapore’s government is rolling out the red carpet for top talent in the technology sector.

ICICI Bank introduces ‘Cardless EMI’, a New Digital Mode of Payment

ICICI Bank is the first in the industry to introduce a fully digital, cardless EMI facility at retail stores, says the firm.

Pandemic and internet banking push Japan's banks to revamp their branches

On Tuesday, Sumitomo Mitsui Banking Corp., one of the nation’s three megabanks, unveiled a new branch that has basically eliminated cash transaction services by bank tellers.

South Korea’s Banking Giant to Co-create ‘Crypto Bank’ for Exchanges

KODA will roll out a beta service for corporate customers starting next month.

Philippines greenlights 'digital banks' as pandemic drives demand

Central bank says branchless lenders will boost financial inclusion

Switzerland Takes Part in Singapore Fintech Festival

The Singapore Fintech Festival will be held in Singapore from 7-11 December

How DLT can reshape financial market infrastructure

Stock markets around Asia-Pacific have started to examine the emerging technology tool

Ex-PBoC Governor Promotes Singapore-China Crypto Coop in Retail

In addition to opportunities, Zhou also noted that there were also fewer risks involved with initially focusing on retail payments.

South Korean watchdog fines Facebook US$6.1 million for sharing user info without consent

The commission said it will refer Facebook Ireland, the recipient of the fine, to the country's prosecution for a criminal investigation.

Revolut Singapore Looks to Fill Ranks

The company is also seeking interns, to join its compliance, growth and operations teams for a 10-week program. Applications close on November 30.

Iress confirms post-OneVue advice service play

“The value chain has become incredibly complicated with each layer needing to be paid, regardless of whether the investor is transacting or not,”

Hit by cryptocurrency curbs, Chinese fund managers look elsewhere to ride bitcoin bull

Consequently, Chinese businessmen are looking elsewhere to raise crypto-focused funds, following the path of some of the world’s largest crypto trading platforms which were founded in China but moved overseas in 2017.

China’s Future Capital raises $187m fund to expand firm’s tech investments

Future Capital focuses on early-stage investments in digital business services, software as a service, IT infrastructure and artificial intelligence

Independent wealth managers embrace digital tools

echnology allows MFOs to overcome pandemic-induced disruptions, enhance services and become more efficient

Thailand e-wallet app TrueMoney now allows users to buy mutual funds, report says

According to Ms. Nutthawadee, only around 4% of Thailand's population, or about two million people, have investment experience.

BOJ digital currency will help boost cryptocurrency trading, says Monex head

At present, converting cryptocurrencies into legal tenders is not easy because many smaller cryptocurrency exchange brokers do not hold bank accounts.

Fake Zoom invite cripples Aussie hedge fund with $8m hit

NSW police are investigating the matter as digital crime experts report a spike in attacks on hedge funds and private equity firms this year, as informal checks were weakened due to staff working at home as a result of the pandemic.

Chinese fund managers seek to ride bitcoin bull

China banned virtual currency trading in 2017, stopping a free-wheeling emerging crypto industry