05/03/2019
Think you're ready to automate your client reports? by Marc Dukes
It may sound over-simplistic, perhaps even trite, but investment managers must be clear about why they want to automate and have defined the outcomes they are seeking.
FinTech
05/03/2019
FINX is Now Available in Bancor Exchange, Bringing Southeast Asia's Decentralized Banking to The Next Level
A research by KPMG stated, a vast majority of Southeast Asians don't have access to banking facilities, reaching 438 million of unbanked individuals in the region.
05/02/2019
Google, Facebook make billions in Australia but pay less than $40m in tax
The low-tax nation of Singapore has long been in favour with the tech giants, and Google and Facebook have declared in their latest accounts filed with the Australian Securities and Investments Commission that it still is.
05/01/2019
China's New Technology Companies Are Set to Drive Growth in Country
Tech firms are very independent compared with China’s SOEs
05/01/2019
Banking on the Future of Women
Digital financial services are cutting out the middleman to equalize opportunity
05/01/2019
ATO throws data dragnet for cryptocurrency tax crackdown
This data will be collected under notice from the DSPs on an ongoing basis.
04/30/2019
Super startup to relaunch
A message on the BeSuper website says Human Super is now FairVine, "a superannuation fund designed for women."
04/29/2019
Robo-adviser expands into Asia in B2B partnership
Nutmeg has been appointed as investment adviser
04/29/2019
DBS to Launch Digital Token With Enhanced Security Features
They will benefit from push authentication technology and more secure logins which tap on biometric facial recognition technology on their mobile devices, the bank said in a statement on Sunday.
04/29/2019
Sumitomo Mitsui Trust Bank turns to Oracle FSS for tech modernisation
The deal is worth tens of millions of dollars, it is believed.
04/26/2019
Blockchain Payments firm Bitspark Releases Stablecoin Pegged to Philippine Peso
Customers will also be able to pay their bills with the stablecoin in the form of a cash deposit at one of the shops in Bitspark’s network.
04/25/2019
China Delays Data-Onshoring Rules Until After US Trade Talks
The new regulations would require companies to localise data analytics processes in China.
04/25/2019
Technology to ‘Transform’ a Third of Singapore Finance Jobs – Study
MAS and the IBF have released the findings of a new study on the impact of automation and data analytics on Singapore’s financial services sector.
04/25/2019
Japan probes two cryptocurrency exchanges after management changes: sources
The FSA conducted inspections at Huobi Japan Inc and Fisco Cryptocurrency Exchange Inc, both of which recently underwent major changes to management structures
04/24/2019
Fintech becomes strong enabler for Islamic finance
Mahathir urged the country’s Islamic banks and financial institutions to invest in new technologies
04/24/2019
SoftBank Bets $1 Billion on Battered Payments Firm Wirecard
Payments company’s stock whipsawed after allegations of fraud
04/23/2019
Why China’s Ping An OneConnect picks Indonesia for expansion
Markets within Southeast Asia share similarities, such as the explosion in data usage, and are ripe for technological improvement to increase efficiency and lower costs
04/23/2019
Delayering AML – Ideal Test Field for Innovative Technologies
These breaches highlighted the lapses in banks’ CDD
04/22/2019
Huawei, the Chinese tech giant accused of spying, released quarterly financials for the first time ever in a defiant move
Its net profit margin was 8% for the quarter, but the company didn't disclose its actual net profit.
04/18/2019
Japan to require crypto exchanges to bolster internal oversight: source
Following a series security lapses at exchanges last year, the FSA restricted use of less-secure “hot wallets”