03/13/2018
MetLife invites insurtech startups to compete for $100,000 contract
The move follows two collab programmes in Singapore (2016) and Japan (2017), which attracted 250 applications from insurtechs in more than 35 different countries.
FinTech
03/13/2018
Denmark’s Saxo Bank sees white-label partnerships as main growth driver in Asia
The Hong Kong unit of the Copenhagen-based bank will add A shares and yuan bonds this year as part of its multi-asset online trading platform for clients
03/12/2018
Digital disruptor opens new money transfer service to China
The expansion follows Azimo’s recent launch of fast weekend transfers to a number of countries including Nigeria, the Philippines, Bangladesh and Colombia, allowing money transfers to reach recipients in less than an hour even at weekends.
03/09/2018
Netwealth partners for engagement
The partnership follows in a long line of successes for Netwealth in recent weeks. In its recent half-year results, the platform reported having doubled its managed account funds under management.
03/08/2018
Ripple develops blockchain-powered payment app with 61 banks to speed up transactions in Japan
Ripple said Wednesday that the app, called "Money Tap," will first go live in the fall.
03/08/2018
Digital banking platform for wealth managers and private banks developed
CA-PBS was created in 1992 at the heart of Indosuez and has since been a pioneer in outsourced banking services.
03/08/2018
Objectway Conference 2018: Breaking the wealth management digital deadlock
A show of hands early in the proceedings revealed that a good proportion of those in the room were from UK-based companies.
03/08/2018
Hong Kong Next In Line For Faster Payments
The infrastructure will link into 20 banks and eight electronic payment operators, with payers able to use mobile phone numbers or email addresses to make payments in the Hong Kong dollar or renminbi.
03/07/2018
Hedge fund Ascapia weighing partial takeover of Datapulse
Datapulse had about 9,000 minority shareholders as of Jan 25.
03/06/2018
Crypto assets rewrite estate planning
Former financial planner and partner of cryptocurrency brokerage firm Bitcoin Trader, Warrick Pleash, says a catch-22 is that without instructions as to the location of the crypto and its digital key, those assets could be lost forever.
03/06/2018
Standard Chartered Splashes on Digital Banking
Since then Standard Chartered rolled out digital initiatives across its wealth management and retail units and also launched eXellerator, an innovation lab located in Singapore.
03/06/2018
Private wealth platform appoints ASX-listed corporate adviser
DigitalX noted that the global cryptocurrency market represents about US$500 billion in value, while the HNW sector represents more than US$60 trillion, presenting a significant opportunity.
03/06/2018
Macrovue bets on 5G technology
The "vue" or theme has eight 5G stocks in the US and one each in Sweden and Japan.
03/06/2018
Takaful Malaysia launches online sales portal
“By embracing digital tools and technology to offer up differentiated product offerings and services, we will delight our customers with a better user experience, enhanced protection products and high quality service."
03/06/2018
Profile Software’s innovative solutions for banking and wealth industry
The company today has a presence in Europe, the Middle East, America, Asia and Africa, throughout those regions delivering innovative solutions to both start-ups and established banking and finance institutions, through direct communication or a reliable
03/06/2018
Manny Pacquiao joins cryptocurrency celebrity exchange Gcox
GCOX allows the public to engage with celebrities through the sale of exclusive goods and services, transacted through Celebrity Tokens.
03/05/2018
Banks race for digital technology
And smartphone ownership has exploded, with 84 per cent of mobile-phone owners in 2017 carrying smartphones, up from 78 per cent in 2016, according to Wong.
03/04/2018
Global Banking Institutions Remain Whimsical on their Stand on Cryptocurrencies
According to the latest 10-K annual report submitted by the country’s financial watchdog – The Securities and Exchange Commission (SEC) – a majority of the banks in the U.S. have expressed concern on the use of cryptocurrencies.
03/01/2018
Insurance CROs under pressure from digital risks
Our CRO survey found the maturity of insurers’ understanding, measuring and governing cyber risks has come a long way over the last 12 months, but the tasks are still evolving.
03/01/2018
Research suggests malware banking apps trick one in three smartphone users
The survey also found that users are more concerned about having their bank account hacked than losing a waller or a purse or having their social media accounts hacked.