Managers of Wealth Asia Pacific

Time for retail businesses to gear up for online transactions

Receiving and collecting payment from multiples sources part of pandemic’s new normal

Report on “Artificial Intelligence in Banking: The Changing Landscape in Compliance and Supervision”

The first part of the report assesses the current status of AI adoption in the Hong Kong banking industry based on an industry-wide survey conducted by the HKMA, and the findings indicate that banks in Hong Kong have adopted AI in all key functional areas

TS Cloud, Google Cloud Premier Partner, has established a base in Japan and launched G Suite sales business as a Google reseller

Google Cloud Services and Products aims to help the companies from pre-deployment to Go-Live without any hassle as they could do all setup and work done remotely.

Chinese Fintech firm to co-develop online wealth management platform with Thailand's KBank

"We believe this partnership will accelerate the pace of digital transformation within the financial institution industry in Thailand and across the Southeast Asian region,"

Ant Group Eyes Consumer Finance Market

The firm will hold a 50-percent stake in the venture

Wiwi Gutmannsbauer: «Wealth is Not Immune to Digital Disruption»

«[W]ealth management is not immune to digital disruption, nor should it be,» Gutmannsbauer said.

Iress posts mixed half year results

In addition, the company saw a strong demand for its superannuation gateway software SuperConnector with 20% growth and a further 10 integrations between Xplan and third parties.

Survey: Singapore Businesses Forging Ahead with Use of Fintech to Improve Efficiency

The survey of fintech adoption by companies found that 73 per cent of Singapore businesses expect to use at least one fintech product

More Charges for Singaporean Over Wirecard

Wirecard is at the center of one of the biggest corporate accounting scandals in recent years, having admitted that €1.9 billion is missing from its financial accounts.

Bureau Veritas - Testing Partner for The ioXt Alliance to validate cybersecurity of IoT devices

Bureau Veritas' 7layers in Germany has been authorized by the ioXt Alliance as one of the test labs to offer third-party testing to verify the compliance of IoT devices.

TASE announces launch of Central Blockchain Securities Lending Platform in Israel

As a result, the market has not been fully exploited to satisfy the potential needs of economic agents operating in Israel, said the article.

Indian Federal Bank announces partnership with FinTech Fiserv

The integrated technology and BPO solution reduce cost of ownership and provide a seamless extension to the bank’s operations.

HSBC launches voice biometric technology for customers in Malaysia

“HSBC is focused on delivering banking services that offer simpler, better and safer features for our customers."

China's Lufax ties up with Thai bank for local online wealth management

The platform, to be jointly operated by both parties and used for retail investors in Thailand, will help Lufax to expand its footprint in the region.

Future FinTech Plans to Enter the Challenger Bank and Digital Payment Sector

Economic and trade cooperation between China and ASEAN countries has accelerated recently with increasing trade volumes and progress being made in regional economic integration.

Digital bank with a strong human touch

During the Movement Control Order, our teams moved quickly to engage with our clients.

What is a virtual bank? Which ones are in Hong Kong and are they safe?

Virtual banks are also insured by the Deposit Protection Scheme, so any amount up to HK$500,000 is secured by the Hong Kong government even if they go out of business.

Finance - No looking back as pace of digital banking accelerates

Now, there is a focus (among banks) on revamping advanced technologies and tools for online customer service such as chatbots and data analytics.

StanChart, NTUC Enterprise plan digital-only bank in Singapore

Mr Alex Twigg, co-founder of Australian start-up Judo Bank, has been hired for the business, which has been code-named "Project Phoenix," the people added.

Malaysia's Affin Hwang, Versa Asia to launch cash management app

According to people familiar with the matter, the service is aimed at investors who are seeking returns that are the same or better than fixed deposit rates but without a lock-in period.