Managers of Wealth Asia Pacific

Singapore launches a facial verification system such as DNI

The goal is to make the experience easier and faster; Instead of memorizing and entering a password, the test scans the person’s face and compares it with its database.

National digital currencies may become another sphere of competition

The key element of such systems will be national digital currencies, also known as Central Bank Digital Currencies.

Digital KYC, Onboarding & Authentication

Digital transformation has accelerated in financial services amid the pandemic. But it has not come without risks.

OCBC webinars to help 3,000 SMEs go digital by year end

More than 30 two-hour webinars have been conducted so far.

Cybercriminals are targeting Asia-Pacific banks and businesses as coronavirus disrupts daily life

More than half of businesses surveyed in Asia said they experienced at least one major security scare since shifting to work from home this year, according to a September 22 report by Barracuda.

‘Stay focused’ on China’s new tech ETFs even if you can’t invest yet, money manager says

These ETFs could be some of the first to access the highly anticipated Ant Group IPO

Tokyo stock trading halted for day by computer glitch

The glitch hit the country's top Nikkei 225 and Topix indexes as well as exchanges in Nagoya, Sapporo and Fukuoka that operate through Tokyo's system.

RegTech Asia 2020: Trade Surveillance and Monitoring

Manesh Samtani, Editor at Regulation Asia, spoke to NICE Actimize’s Jerome Lambert and Synpulse’s Parsa Khoshdel to find how Covid-19 has impacted markets and trading, and what the increased use of new client communication modalities has meant

Judo Bank partners with GBST to drive online engagement

Judo Bank is the first financial provider in the term deposit market to offer a calculator that compares other institution’s interest rates and calculates the difference in interest earned.

Southeast Asia as a Leader for Instant Cross-Border Payments

These transactions are for people or organizations who look for funds across territories.

Fintech firms look at smaller super funds

Kendall explained that many financial planners were using their own software to make decisions with regards to switching from investment A to investment B, a process that traditionally required additional paperwork.

Virtual banking takes shape in Hong Kong

New digital financial services in the city highlight the need for reliable operations

Two More Virtual Banks Launch in Hong Kong

Ping An OneConnect Bank also provides lending service ‘Trade-Connect Loan’ exclusively to SME customers from Tradelink Electronic Commerce.

ZA Bank: User Count Tops 180,000

Every month since ZA Bank’s launch half a year ago, its user base has grown double-digits and its deposit base crossed HK$2.4 billion ($310 million) in less than 100 days.

DBS: Digital Banking Not Singapore's Biggest Industry Disruptor

In contrast, digital banks are expected to turn a profit slowly even if they do manage to grab a 1-5 percent market share of the unsecured retail and SME (small and medium-sized enterprise) loan market in the initial years.

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

Two draft standards were released in August on protection of critical information infrastructure.

OneConnect wins IFTA FinTech Achievement Award for Digital Banking

The awarded OneConnect Bank Solution demonstrates OneConnect's core technologies and advantages.

Six Park, Rollit Wealth announce partnership

Aranwela believes the new integration "makes sense" for both employers and employees alike.

What did we learn from CREALOGIX Open Innovation Day 2020?

The sense of urgency came across loud and clear – consumers’ tastes and expectations are changing rapidly; they are setting the pace and financial institutions must race to keep up.

ConsenSys wins Hong Kong central bank digital currency project

The aim is to ‘build a proof-of-concept (PoC) where a THB-HKD cross-border corridor network is set up as a bridge between the Inthanon and the LionRock networks”.