Managers of Wealth Asia Pacific

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.

China Announces Expanded Digital Yuan Trial

According to the ministry, testing will first kick off in Shenzhen, Chengdu, Suzhou, Xiong’an and 2022 Winter Olympics sites before extending to other regions.

Wealth firm unveils app in Hong Kong

Customers can subscribe to funds at a minimum of HK$1

Fintech firm takes remittance service global

Money can be sent to 100 countries

BNP Paribas rolls out mobile advisory product

The French firm is the latest bank to upgrade its digital portfolio management service.

Standard Bank wins Innovation in Digital Banking (Africa) Award

The mandate of Quantum Leap is to ‘start from scratch’, ‘tear up the script’ and design from first principles the Transaction Bank of the future.

Singapore’s BondEvalue Launches Blockchain-Based Bond Exchange

The first trade made on August 12 was between a Singapore citizen and a buyer who is a Singapore permanent resident.

Bravura Solutions Awarded Gold Standard for Business Continuity Excellence

Business recognised for robust deliverables amidst Covid-19 disruption

China's Tencent starts fund advisory services to tap asset management

Teng An Fund said the service would be officially launched via Tencent’s popular messaging app WeChat once the trial period is over, enabling its more than 1 billion users invest in fund products within the app.

HK hedge fund Long Corridor Asset Management selects Bare Cove Technology to automate operations

“Since the start of 2020, we’ve seen an increase in demand for automation services from our asset management clientele We are excited to provide Long Corridor with technology solutions that streamline their workflows and free them to focus on

Fintech unicorn Lufax, backed by China’s biggest insurer, Ping An, said to be secretly applying for US IPO

Investors valued Lufax at US$39.4 billion in a 2018 funding round

Standard Chartered Taps Microsoft for Digital-First Strategy

The first set of capabilities to move to Azure will be Standard Chartered’s trade finance systems, which will facilitate seamless cross-border trade for the bank’s corporate and institutional clients.

Indonesian fintech firm Fundtastic buys mutual fund portal Invisee, report says

“We are working as two different companies that were both trying to make a profit. By merging our companies, we can improve profitability,”

Platform business in administration

Company management had already undertaken much of this work as part of the unwinding of operations as a result of the sale of Wealthtrac to its original founders," Damien Hodgkinson of Olvera said.

Ingdan Innovations Introduces Leading Strategic Investor, Guangdong Finance Fund Management

Will Enable Resumption of High Growth in the Company's Core Business

CREALOGIX – Leading the Digital Transformation Charge into Asia Pacific

The firm’s focus is on evolving bank’s and end customer’s needs for digitalisation in a secure and personalised way within a comprehensive user experience.

FinTech