Managers of Wealth Asia Pacific

BPI eyes digital transformation to future-proof banking business

Despite the majority talking about how "difficult" 2018 was, Consing said the country's strong economic growth "has helped a lot" in the banking business.

KBZ Bank selects Finastra to capture upcoming growth opportunity in Myanmar’s expanding treasury market

Treasury management solution helps KBZ Bank automate systems, manage risk and increase operational efficiencies

Online wealth management index falls more than 23%

Market greatly affected by tightened regulations, such as the campaign targeting P2P lending, forcing some platforms to withdraw

More Technology Players to Enter Banking in Asia (Radio)

Our industry-leading customer service teams, available 24/7 in 160 countries, will help you fully leverage the deep information, analytics, data and trading capabilities on the Bloomberg Terminal.

Singapore firm to launch alts robo platform

Xen will be targeting accredited investors in Asia, including Hong Kong and Singapore, according to Katrina Cokeng, Singapore-based co-founder and CEO of the firm.

Objectway mentioned in Gartner’s Market Guide for Digital Banking Platforms

This Market Guide provides Gartner’s initial coverage of the market and focuses on the market definition, rationale for the market and market dynamics.

China’s Plan to Sideline Bitcoin

Beijing has accumulated dozens of blockchain patents. Crypto fans won’t like what comes next.

Global Custodian’s Industry Leaders award winners announced

SS&C’s Bill Stone takes home Lifetime Achievement award as Pershing, Trident Trust, Ultimus, Digital Asset, BNP Paribas and Morgan Stanley all win big.

Australia could be cashless in just three years: experts

Reserve Bank governor Philip Lowe believes Australia is at a turning point, with cash set to become a "niche payment".

People’s Bank of China Officially Bans Security Token Offerings

It seems that the move was fuelled by the fact that despite the bans on Initial Coin Offerings, numerous start-ups were still holding token sales within the country.

Technology democratizes wealth management

Fintech opens many new opportunities for businesses to develop their range of services and tap into a broader client base, irrevocably democratizing wealth management

Thailand's KBank, Japan's Line form JV in digital banking push

Thailand fourth-largest lender Kasikornbank Pcl (KBank) said on Wednesday it formed a joint venture with Japanese mobile chat app operator Line Corp to tap into its network of users to grow personal loans.

Opposition lawmaker eyes tax policy overhaul for Japan’s crypto market

The proposals have been welcomed by cryptocurrency traders in Japan

Chinese VC Investments Tops US for First Time

‘Red unicorns’ take in $56 billion in first half of 2018.

Technology push could open Hong Kong banks to more cyberattacks in 2019, KPMG says

New report comes days after HSBC was forced to increase security on its PayMe e-wallet app

Faster payments to be upgraded

The public may contact their banks or stored value facility operators for more details regarding the availability of the related services that may be affected by the system maintenance.

Chinese Firm Launches Digital Asset Platform in Singapore

Onchain is a blockchain technology company in China.

South Korea’s First Blockchain-Powered Remittance Service to Thailand and Philippines

Coinone Transfer’s partnership with SCB also will soon offer Cross customers a direct link to PromptPay, which enables any recipient with a bank account in Thailand to receive a payment directly and instantly.

Ripple powers Coinone’s remittance app in South Korea

Coinone Transfer has unleashed South Korea’s “first” blockchain-powered remittance mobile app and web service called Cross.

PayPal gives a Toss about Viva Republica’s $80m funding

Toss, which started as a peer-to-peer (P2P) money transfer service in 2015, has become a platform providing financial services, with more than ten million users.

FinTech