Managers of Wealth Asia Pacific

Japanese Laws don’t Consider Stablecoins as Cryptocurrencies Reminds Regulators

With the rise of cryptocurrencies, Japan had amended its Fund Settlement Law and Payment Services Act so that it could regulate the country’s crypto industry.

IRESS releases automated personal advice solution and announces implementation with WA Super

The multi-advice, multi-channel solution, drawing on information within the fund registry, allows members to set their retirement objectives, review projections and then make choices to optimise their retirement outcomes.

UOB Asset Management launches Singapore’s first robo-advisory service for corporate investors

Using the new digital service, UOB's commercial banking clients can now submit their financial information, obtain their risk profile and receive an investment portfolio proposal in minutes.

Fujitsu Trials Blockchain For Inter-Bank Settlements

Participants in the trial include Zengin-net, a payment clearing network that will both issue and reclaim the digital currency. Additionally, nine major Japanese banks have signed on as participants.

DBS Launches Startup Matching Platform, Revamping Earlier Program

Startup Xchange is great as it helps the ecosystem of startups, DBS and its customers to commercialise emerging technology solutions to quickly achieve shared business goals

Blockchain-Powered Islamic Bonds to Fund Microfinance Projects in Indonesia

Other planned blockchain-based sukuk will aim to fund an environmental waste disposal project and a hospital expansion, Reuters reported.

HSBC wealth management profits rise amid robo-advice push

HSBC has been mulling a robo-advice style service since as far back as 2016.

Hong Kong Strengthens User Protection For E-Wallets

In order to provide more comprehensive protection to users, the above refined process will apply to direct debit services conducted through both FPS and non-FPS channels.

Bravura signs NZ bank

We are delighted with the success of the Sonata launch at ASB

Stablecoins Not to be Considered Cryptocurrencies: Japan’s FSA

The entire world is demanding more stablecoins and is considering them as a bridge between fiat and virtual currencies.

Unicorns weave their star-spangled spell in China tech sector

Once the stuff of mythology, startups with valuations of $1 billion are among us and in such burgeoning numbers it is hard to keep up

Crypto Exchange Huobi Reveals Global Expansion and New Partnerships Plans

The first step in the ambitious regional expansion would be forging alliances with local blockchain notables.

The Current Status of AEOI CRS in Hong Kong and the known developments in 2019 And 2020

Dion’s understanding about the current CRS status and future developments as well as a high-level impact analysis of the financial industry in Hong Kong can be summarised as follows

Why Fintech Startups Love Singapore’s Hawk-Eyed Central Banker

The city-state’s top banking regulator welcomes the potentially disruptive startups to the prosperous island

HSBC: We invested $9bn in FinTech sector

Assaf revealed that the HSBC Group invested a huge amount in technology amounting to $9 billion in order to reach the current situation.

DBS makes foray into Chat Commerce with "Foodster"

Foodster currently supports seven F&B merchants in the Marina Bay area

The dawn of FinTech in Asia

Financial institutions are the backbone of the world economy and the local national economies around the world.

Blockchain could increase global trade volumes by $1.1 trillion by 2026, off the current base of $16 trillion

Solutions could provide a $2 billion annual revenue lift in documentary trade financing by 2026 for the global banking industry

Surge in Hong Kong Cybercrime

. With the rise of financial technology firms and mobile banking apps, experts predict that novice mobile banking users will become prime targets.

Robo-advice register launches

Adviser Ratings has launched a new website that compares a multitude of robo-advisers in the market.