10/15/2020
RegTech Asia 2020: LIBOR Transition Progress
A key conclusion was that not all the technology pieces are known at this stage.
FinTech
10/14/2020
Tech to help reduce price of advice
“The value you add on top of that is what would potentially be audited as opposed to the grunt work behind.
10/14/2020
Nuclei Partners With Headout for Customers to Book Events Through Banking Apps
anks across Asia have embarked on the path of digital transformation, looking to provide a more holistic experience to their customers and evolve their mobile applications to become more like Super Apps.
10/14/2020
How Covid-19 has increased the pressure on banks to combat cyber frauds?
Adoption of e-commerce and digital financial services has seen accelerated growth in the country but the concurrent rise in cyber frauds necessitate multi-level awareness.
10/13/2020
Hong Kong Welab Bank Partners With Solace to Achieve Digital Banking Ambitions
Solace’s secure and scalable messaging backbone has been invaluable in helping WeLab Bank shorten the time-to-market for our current and future digital bank offerings.”
10/13/2020
Powerwrap delists, Praemium takes over
“You won’t get that compounding effect that builds growth over the long term from these companies anymore as they will be disrupted and that will eat away at their earnings.”
10/13/2020
Bravura Acquires Delta Financial Systems
The acquisition also provides an opportunity to offer Bravura’s other products to Delta’s client base.
10/13/2020
HSBC rolls out digital investment account opening
The launch of the service comes at a time when banks in Hong Kong are ramping their digital mutual fund distribution channels.
10/12/2020
All set for the age of digital currencies
With the use of digital currencies becoming more prolific, users must be re-assured of the transparency and execution of payments.
10/12/2020
Singapore banks plan blockchain-powered digital trade registry
The project is endorsed by The Association Banks of Singapore and gains support from the Enterprise Singapore.
10/12/2020
Bravura to make $41m acquisition
The acquisition also provides an opportunity to offer Bravura's other products to Delta's client base.
10/12/2020
China digital currency could revolutionize global payments
Some other governments have already launched similar initiatives, but not on the scope or scale of the DCEP, which promises to be the first global digital currency.
10/12/2020
Act to protect jobs lost to fintech, NUBE tells Bank Negara
It must be noted that the government does not downsize its workforce despite going digital with many of its services and operations.
10/09/2020
UOB transforms the Digital Banking Experience for its Clients with the launch of UOB Infinity
The customisable dashboard presents financial information visually, thereby making it easy for clients to see state of their company's finances at a glance and in real-time.
10/08/2020
Hong Kong Virtual Banks Eye Wealth Management
Seven out of the eight licensed virtual banks have officially opened for business with the final entrant
10/08/2020
14 banks successfully develop digital Trade Finance Registry proof-of-concept
This mitigates against duplicate financing from different bank lenders for the same trade inventory, leading to greater trust and confidence among banks and traders alike.
10/08/2020
BIS Innovation Hub and Saudi G20 Presidency announce TechSprint winners
The winners, chosen by an independent panel of experts, addressed one or more of its three problem topics: dynamic information-sharing, monitoring and surveillance, and regulatory reporting.
10/08/2020
Chinese wealth management giant Lufax files for U.S. IPO
Lufax has not yet priced its shares or said how many it will offer during the listing.
10/07/2020
RegTech Asia 2020: RegTech Lessons from Digital Banks
Jamie Lloyd Evans, a contributor to Regulation Asia, spoke to Debbie Man, Xuna Shao and Matthew Field about the challenges of rolling out virtual banks in Hong Kong, with a focus on technology and compliance with regulatory requirements.
10/07/2020
Revolut Singapore Partners Income to Offer Insurance
The partnership with Snack layers insurance protection over our Revolut's existing money management features and allows our customers access to micro-insurance products that are underwritten by NTUC Income.