09/26/2018
Is Technology a Job Killer in Asset Management?
Technology has enabled asset management firms today to recruit talents globally, which they otherwise could not.
FinTech
09/26/2018
Nikko sees the real deal in old tech, not FAANGs
Fulton sees improvements in return-on-investment and cost profile in Microsoft.
09/26/2018
Janus Henderson Investors goes live with Milestone Group’s global oversight technology
Milestone Group today announces that Janus Henderson Investors has extended its global deployment of the pControl Oversight solution.
09/25/2018
Fintech startup altiore to be acquired by iifl's wealth management arm
The company had rolled out its flagship product in February last year and had not raised any external funding.
09/24/2018
PM Lee Hsien Loong warns against online scam using his name to solicit bitcoin investments
The Monetary Authority of Singapore had flagged the two websites.
09/24/2018
Singapore is the crypto sandbox that Asia needs
Compared to the rest of Asia and the rest of the world, the regulators in Singapore are well-informed and more transparent about their views on blockchain and cryptocurrency.
09/21/2018
Hackers steal $60 million from Japanese Crypto exchange
Japanese digital currency exchange has been hacked for two hours
09/21/2018
Singapore’s proptech marketplace Ohmyhome raises US$2.9M to expand into Malaysia, Thailand
The startup is planning to expand in Southeast Asia, including Malaysia and Thailand
09/20/2018
Ping An to cast tech spotlight on Singapore’s wealth market
Its mobile application ‘Lu Global’ is being opened to Singapore-based clients with an minimum of US$1,000 to invest
09/19/2018
Investree to be first P2P distributor of upcoming Indonesia gov’t sukuk issue - CEO
Details of the upcoming sukuk have not been revealed but Gunadi is optimistic of its size based on the success of the conventional bond issuance.
09/19/2018
China Cybersecurity and Data Protection: What you need to know about China's own GDPR
The Standards are the first set of national standards on personal information protection and are a key step to implementing the personal information protection provisions in the Cyber Security Law.
09/19/2018
FS firms admit spending £1m on wasted digital transformation
These findings suggest that right now many organisations are failing to follow through on these important projects, leaving organisations heavily out of pocket and at a digital disadvantage.
09/17/2018
Avaloq upgrades open software architecture designed to make banks more agile
The upgrade to Avaloq’s open software architecture allows financial institutions to consolidate IT operations onto a single platform.
09/17/2018
Fintech firms to get access to Singapore's real-time payment system
Singapore will form a Direct FAST industry working group
09/17/2018
SBI Nears Launch Ripple Blockchain Payments App ‘MoneyTap’ in Japan
MoneyTap’s website does not provide a specific launch date for the mobile app but does reveal the user interface (UI) while confirming the proposed launch, in fall this year (September-December).
09/14/2018
Crypto Giant Huobi Invests in Lux Regtech Startup
Huobi is the world’s third largest digital currency exchange by daily trading volume.
09/13/2018
Mobile app to offer free wealth management solutions
The actions then form the basis of a masterplan for all future financial and investment decision making.
09/13/2018
Indian Government Approves Bank's Blockchain Research
The approval is ex-post facto, meaning that Exim Bank has already signed a Memorandum of Understanding under the BRICS Interbank Cooperation Mechanism
09/13/2018
Virtual banking poised to rock Hong Kong banking market
Hong Kong Monetary Authority is expected to issue 8 to 10 licenses for first batch of virtual banks
09/12/2018
Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification
Investors who have not converted their virtual crypto accounts into real-name verified ones cannot deposit Korean won into their accounts; they can only withdraw them.