02/24/2019
Bank Of China Teams Up With Prop Tech And New World Development Blockchain
In addition to it, the China Banking Association is also working in order to launch a blockchain platform that aims at improving industry efficiency.
FinTech
02/22/2019
Facial recognition for e-KYC nears debut
After the launch of passbook accounts opened through mobile banking apps, banks are expected to offer both physical and digital passbooks to customers initially, Ms Siritida said.
02/22/2019
New advice tech to rival XPLAN
Nathan MacPhee, CCUBE chief executive, said today’s advisers are under increased regulatory scrutiny, and need help with the onerous obligations of reporting and compliance.
02/22/2019
Hong Kong opens banking market to online competition
Digital banking licences set to be issued to 6 companies including Tencent, Ant Financial and Xiaomi
02/22/2019
Nomura Invests in Venture with Brevan Howard to Build AI-Solutions for the Finance Industry
The Artificial Intelligence specialist is now building trading tools for participants in wholesale financial markets
02/20/2019
Shariah-compliant fintech to improve financial inclusion
According to a recent survey conducted by the Financial Services Authority (OJK), at least 40 percent of Indonesia’s population does not have direct access to financial services, including banks.
02/20/2019
CIMB banks on all-digital strategy in the Philippines
As an “all-digital, mobile-first” bank, CIMB Bank Philippines Inc’s (CIMB Philippines) consumer banking proposition is backed by a suite of products accessible online and via mobile, he says.
02/19/2019
Indonesia Sets New Capital Requirements for Crypto Players
It also regulates which crypto assets can be traded and covers mechanisms for trading, account opening, fund saving and withdrawals.
02/15/2019
Insurance Billionaire Goes Into Asset Management Using Artificial Intelligence
Data-centric funds like Two Sigma and Renaissance Technologies have said they rely on artificial intelligence.
02/15/2019
What the New PRC Blockchain Regulations Mean
The importance of blockchain and cryptocurrencies means that governments faced with the dilemma of being hands off, regulating or prohibiting such activities do need to take decisions.
02/15/2019
Thai wealth-tech sector receives first investment
The funding round will help promote innovation in the country’s wealth-tech industry, pushing Thailand 4.0.
02/15/2019
UOB is going after Asean’s millennials with a digital bank called TMRW – and its biggest draw could be a game that levels-up with savings
Named TMRW (pronounced “tomorrow”), UOB’s new digital bank will be rolled out for the first time in Thailand, where a pilot programme has already started with 1,500 customers.
02/15/2019
Cyber scams in Hong Kong tripled last year: HKMA
As more digital banking solutions are introduced, cybersecurity risks have increased
02/15/2019
Axia Suite 2.1 released with new functional features
Axia Suite has now been enriched with new functionalities for risk management & compliance.
02/14/2019
Security tokens can shape future of wealth management in SE Asia
They allow superior access and liquidity through the concept of security token offerings backed by real assets.
02/14/2019
Thai startup Jitta raises US$6.5 million to empower wealth management
The money will be used for national and regional expansion plus hiring developers
02/14/2019
Digitalized Global Wealth Management platform Wins 10 awards
We are very proud of our global investment team with such great achievement.
02/14/2019
AI-based Fund Management Gaining Traction in Korean Fund Market
GQ Asset Management is planning to launch an AI-based private equity fund worth 20 billion won towards the end of February.
02/14/2019
Fintech: Offshore regulations and trends in Asia
Article first appeared in Asia Business Law Journal
02/14/2019
Are You Ready for China's Cybersecurity Law?
For foreign institutions operating in China and local institutions with overseas operations, the Cybersecurity Law is raising major concerns about the amount and cost of the work required to assess all computer systems to ensure compliance.