Managers of Wealth Asia Pacific

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”.

DBS teams up with AntChain for trade finance platform

Tan Su Shan, Group Head of Institutional Banking, DBS Bank, said that DBS’ partnership with AntChain underscores its commitment to SMEs in providing optimal and timely working capital support which is key to their survival in this period of prolonge

DBS, StanChart offer Google Pay option for transfers to PayNow users

Google Pay users can also pay merchants by scanning QR codes (SGQR or PayNow QR) or by entering a unique entity number.

Singapore digital wealth manager raises $18.6m

This latest capital injection will allow Syfe to accelerate its journey toward reshaping the future of investing and saving in Asia.

We’ve officially launched a new virtual bank Mox in Hong Kong

It also underscores Standard Chartered’s continued momentum in digitising its Retail Banking business and building strong strategic collaborations in response to the changing digital habits of clients across its markets.

Singapore banks juice up data drive to customise personal finance

More customers also made the switch to transact online.

Fifth Virtual Bank Enters Hong Kong Market

Standard Chartered-backed Mox launches in Hong Kong, becoming the fifth virtual bank to enter the market.

Nomura and SRI International Create Silicon Valley-based Innovation Center to Exclusively Service Corporate Japan

A funnel for open innovation, experimentation and hands-on experience for Japanese companies

Peter Thiel's Valar Ventures Invests in Robo-Advisor

Syfe will use the funds to enter new markets, develop new products and services, hire top talent, and enhance its technology platform, the announcement said.

Innovation Fund success launches on Australian Stock Exchange

A Jersey-based Innovation Fund recipient has listed on the Australian Stock Exchange.

PINTEC Announces First Half 2020 Unaudited Financial Results

Total revenues in the first half of 2020 decreased by 65.0% to RMB251.6 million (US$35.6 million) from RMB719.7 million in the same period of 2019.

Shareholders split on $503m Citadel acquisition bid

It comes at a critical juncture for the business, which is only 10 months into a turnaround strategy to become a software company.

Decentralized Finance: evolving to optimize investment and maximize returns

Decentralized finance uses smart contracts and blockchains to provide financial services previously only available from centralized regulated businesses.

Jack Ma's Ant said to lift already biggest-ever IPO target to US$35 billion

Ant's simultaneous listing in Hong Kong and Shanghai may mark the biggest IPO ever, topping Saudi Aramco's record US$29 billion sale.