Managers of Wealth Asia Pacific

Crypto hedge fund Circle Fund to be compliant in Asia

Circle Fund focuses on investing in projects that will provide long-term value to the blockchain ecosystem as well as maximize financial returns.

China Finalizing Laws For Digital-Only Banking

Global financial institutions are not profitable in China, and many have yet to break even.

Enigma Group-led consortium applies for Singapore's digital full bank licence

The consortium has submitted an application for a Digital Full Bank license that would allow it to provide a range of financial services and take deposits from retail and non-retail customers

The rise of the digital economy: What is it and why it matters for Singapore

Going digital is now an imperative for companies across all sectors, and workers are nudged to pick up new skills as the economy embraces more technology.

Thai Tycoon Who Owns Fortune Magazine Plans Fintech Acquisitions

Chatchaval Jiaravanon seeking to expand his startup Lightnet

TigerWit Receives Hong Kong Securities and Futures Commission Licence

TigerWit plans to add even more solutions to its product offering in 2020

Jack Ma, Grab eye opportunities in Singapore digital bank battle

"Singapore is the launchpad for Southeast Asia."

Thailand Might Not be Ready Like Singapore and Hong Kong to Implement Digital Banking Systems, Says Thai Central Bank Governor

Digitization, for Thailand, is considered an effective way to introduce modern banking services more widely while encouraging competition.

Thailand’s Finnomena bags $10m in round led by Gobi, Openspace

Previously, Finnomena secured US$3.2 million in a series A funding round from Krungsri Finnovate, Benchachinda, and 500 TukTuks in 2017.

Will 2020 be the breakthrough year for financial digitization?

The Asset talks to Singapore-based Portal Asset Management, which invests in best-in-class fund managers that employ various quantitative strategies in cryptocurrencies

China has developed the world’s first mobile quantum satellite station

The significant downsizing comes with a slight reduction in transmitting power.

Access to good data will decide winners in Singapore digital bank race: Maybank Kim Eng

With many hats thrown in the ring, access to good data will determine who wins Singapore's digital bank race, brokerage Maybank Kim Eng said in a report out this week. Without naming names, the Monetary Authority of Singapore on Tuesday announced it

Robo-advisor performance: December 2019

All portfolios were up in December except Raiz portfolios, which faced downward pressure from Australian equity and bond markets.

All-Digital Bank to Launch in Philippines

Tonik said the banking market in the Philippines is «ripe for disruption, highlighting opportunities in the $140 billion retail deposit market and a $100 billion unsecured consumer lending, and the country's world-leading internet and social me

Standard Chartered launches public portal for real-time tracking of cross-border payments

Similar to tracking the delivery of parcels, Standard Chartered’s clients and their counterparties can now obtain the status of any payments the Bank has processed in real-time, by simply entering SWIFT’s unique end-to-end transaction referenc

NORD/LB migrates New York, Singapore and Shanghai branches to Avaloq Banking Suite

NORD/LB Luxembourg Covered Bond Bank generates competitive refinancing for NORD/LB group's core lending business through the issuance of high-quality covered bonds.

MAS Receives 21 Applications for Digital Bank Licences

MAS will announce the successful applicants in June 2020. Successful applicants are expected to commence business by mid-2021.

Li Ka-shing leads funding round for Hong Kong fintech startup

MioTech uses AI to evaluate ESG investments for fund managers

Singapore digital banking race heats up with Chinese players

Ant Financial has also confirmed its bid for a digital wholesale bank licence in Singapore.

Consortium bids to be digital full bank

A digital full bank licence will allow Beyond to serve retail customers and extend loans to individuals as well as companies.

FinTech