Managers of Wealth Asia Pacific

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.

Hong Kong Institute of Bankers Welcomes Six Digital Banks

A new milestone that supports talent development in the rapidly evolving banking sector in Hong Kong

Grab and Singtel partner to apply for digital banking licence in Singapore

The core of Grab’s mission has always been to solve everyday challenges and unlock economic potential in Southeast Asia

Singapore Fintech Eyes Middle East

Our Dubai office will serve as a bridge between the Middle East and Asia Pacific

iFast leads Chinese partners with bid for Singapore digital wholesale bank licence

A group led by gaming company Razer and partners Grab and Singtel have put in their bids for one of two digital full bank licences on offer which allow for retail customers.

Disruption ahead in Singapore’s financial sector as digital-only banks loom

Digital full bank licensees here should have only one physical place of business.

Aging Japan: Banks turn to technology to tackle looming demographic crisis

Elderly -- and vulnerable -- Japanese hold half the country's $17 trillion in financial assets

Indonesia plans fixed fees for e-wallet transactions

Ant Financial's e-wallet DANA trails them, along with state-owned payments platform LinkAja.

As Chinese Digital Banks Arrive, OCBC Gets Ready

It’s attractive to us because it’s the way that we can test out in the new digital economy as to what we could do.

Tencent users report positive wealth management returns

Licaitong, Tencent's wealth management platform which sells mutual-fund and fixed-term wealth management products, said it now has over 150 million users and 38 percent of these are born after 1990.

When Is It Ethical to Not Replace Humans with AI?

There are legitimate questions about the ethics of employing AI in place of human workers. But what about when there's a moral imperative to automate?

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