Managers of Wealth Asia Pacific

Chinese fund managers seek to ride bitcoin bull

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

China Cybersecurity and Data Protection: Monthly Update – Nov 2020 Issue

This e-bulletin summarises the latest developments in cybersecurity and data protection in China with a focus on the regulatory, enforcement, industry and international developments in this area.

Philippines Digital Bank to Adopt Cloud Banking Platform Mambu

According to the announcement, the Philippines market is ripe for innovation and disruption – around 70 percent of the population of the Philippines is considered unbanked, while the country has very high mobile penetration

Do China tech giants pose a risk for European banks?

US tech giants have been making more beachheads in financial services an area where their Chinese rivals are already well advanced.

VIC Rewards and XcelTrip offer Blockchain-enabled Vitality Packages to the Medical Tourism Marketspace

The partnership currently has a combined community that exceeds 750,000 members.

Double Win For Objectway Wealthtech Suite At Xcelent 2020 Awards

The augmented intelligence component and overall scalability of the Optimiser solution is a distinguishing point.

Citi Accelerator Lures Over 3,500 Fintechs

The initial pool was further shortlisted to 140 firms before 12 finalists were selected.

SMBC invests US$30m in GIC-backed fintech OakNorth amid Asean push

Other Singapore names that remain invested in OakNorth include the Economic Development Board of Singapore's EDBI, and the Singapore-based private investment firm Clermont Group.

Economic uncertainties hinder virtual banking development in Hong Kong

Traditional players unfazed even as digital newcomers offer higher interest rates

Bitcoin price surge linked to China crackdown

Miners struggling to liquidate crypto holdings because Beijing has frozen bank accounts

China Cybersecurity and Data Protection: What you need to know about China’s draft Personal Information Protection Law

The draft PIPL also lays down obligations on processors when sharing and transferring personal information to third parties.

Ogier advises video live-streaming platform DouYu on merger

The transaction is expected to close in the first half of 2021

BOCHK launches brand new Design and Features for Mobile Banking

The pandemic has accelerated the digitalisation journey of BOCHK, and we are seeing an exponential growth in our digital transaction volume.

HSBC Malaysia: More banking transactions to be done digitally post-Covid-19

HSBC said it remains to be seen how far people will be willing to use video platforms as part of this interaction, which may depend on factors such as how long social distancing persists.

UnionBank becomes the first bank from the Philippines to join BIAN

The rapid development in consumer technology has driven customers to expect instant services and the delivery of frictionless solutions and platforms.

Singapore Customs Digitalizes Banker's Guarantee Process

During the pilot it accounted for about 65 percent of the BGs issued by the participating banks to the Singapore Customs.

Japan Inc to begin experiments issuing digital yen

Japan has among the most cash-loving people in the world, with cashless payments making up only 20% of total settlement - well below the United States, with 45% and China with 70%.

Lu and Kasikornbank launch online wealth management platform FinVest

The new digital investment platform is aimed to help retail investors in Thailand

Early Days for Virtual Bank Competition in Hong Kong

Many of the VBs offer much more attractive deposit rates than those offered by the incumbents.

Hong Kong investors embrace tech platforms

Hong Kong investors remain proactive investors despite Covid-19, a Calastone survey found.

FinTech