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FinTech

09/09/2024

Hong Kongers seek digital channels, F2F meetings in wealth mgmt services

Despite their comfort in using digital platforms and even AI, the respondents said that traditional face-to-face meetings remain an important channel for managing wealth.

09/03/2024

Netwealth acquires Xeppo to help ‘licensees of the future’

The acquisition aims to address the concerns that arise from workflow inefficiencies, heightened cyber security risks and governance pressures.

09/02/2024

Metalpha Adopts New Bitcoin Mining Index by Antalpha and FTSE Russell

The fund uses the Antalpha BTC Mining Index as the benchmark to invest in publicly listed Bitcoin mining companies.

08/29/2024

Transforming Traditions: Fintech and the Future of Family Offices

A comprehensive study by Deloitte estimates that, at the end of 2023, Hong Kong hosted around 2,700 single-family offices

08/27/2024

Stocklytics: Asia Will be the Leading Banking AI Beneficiary

The regional gap is expected to widen moving forward.

08/15/2024

Robo adviser Syfe raises US$27 million from funds, family offices for Hong Kong expansion

More wealthy family offices are expected to finance start-ups in their efforts to capture the growth potential in Hong Kong, analysts say

08/14/2024

AI in Private Wealth Management and the Future of HNW Advisory in Asia, India, and the Middle East

As AI continues to evolve, it offers significant benefits in terms of efficiency, accuracy, and personalised service, while also introducing challenges related to data privacy, system integration, and ethical considerations.

08/14/2024

DBS Launches Treasury Token Pilot

The bank’s blockchain is integrated with Ant International’s Whale platform

08/02/2024

UAE’s National Pulse invests in Singapore fintech Aleta Planet

The investment comes amid new initiatives by the United Arab Emirates (UAE) to promote open finance services and adoption of digital services.

07/31/2024

Accenture: Gen AI could lift revenues of Asia's wealth managers by 8%

The report's key themes span the use of generative AI, the growth of the Asian wealth management industry and offshore opportunities.

07/31/2024

Endowus x Intellect Wealth & Wellbeing Report: 40% of Gen Z and Millennial Workers in Hong Kong Often Think About Leaving Their Jobs

The findings of the study establishes a virtuous, cyclical relationship between high levels of financial wellbeing and personal wellbeing.

07/22/2024

Hong Kong digital bank ZA Bank to provide reserve banking services tailored for stablecoin issuers

This landmark development also places ZA Bank among the pioneering batch of banks in the city to offer such services.

07/18/2024

Apex Group appoints Novigi as data and technology partner to strengthen proposition in superannuation administration and expand market reach

It builds on prior collaboration between Apex Group and Novigi and combines expertise and resources to deliver a scaled platform for current and future clients.

07/18/2024

HKMA wins broad support for stablecoin legislation

The proposed regulatory requirements and implementation arrangements received general support from respondents, with some further enhancements suggested in the submissions.

07/16/2024

Harnessing the power of AI in asset management

UOBAM has for some years shown a commitment to technology-driven customer services and business initiatives.

07/10/2024

AWS Singapore tech head joins bank spending $5bn on technology

In Singapore, it's just hired a big tech and banking alum to be one of the tech team's key leaders.

07/09/2024

Why is tokenisation of trade finance transformative for investors?

Standard Chartered and Synpulse paper explains why digital assets are critical to addressing financing requirements of companies

07/08/2024

Investors chase wealthtech startups in India as affluent class grows

The current talks value Dezerv at about $170 million pre-money, more than doubling its valuation since its last funding round.

07/05/2024

Central bank works on protecting banking service users

in online banking service provision to better protect customers, an SBV official said on July 4.

07/04/2024

Fintechs accuse banks of sabotage on ‘open banking’

After the Australian Banking Association released a report by Accenture showing only 0.3 per cent of customers are using open banking

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