07/18/2023

Digital Banks in Singapore Lobby for Removal of Deposit Cap

GXS Bank, supported by Grab and Singapore Telecommunications, launched in August 2022. On the other hand, MariBank, backed by Sea, made its debut in March this year but was initially made available only to a select group of invited users.

07/17/2023

Advice firm average revenues rise to $1.6m: Iress

The strategic use of a limited number of software applications streamlines internal processes, reduces complexity, and minimises the potential for errors or inconsistencies in client data management and advice preparation.

07/12/2023

UnionPay International Signs MOU with Cambodia's Central Bank

With acceptance by more than 90% of merchants in Cambodia, and hundreds of thousands of cards issued by major local banks such as ABA, ACLEDA and Canadia, UnionPay has become a payment tool favored by the residents in the country.

06/26/2023

Are Aussie banks closing the door on crypto?

Crypto exchanges such as Independent Reserve, BTC Markets and, until recently, Binance Australia, have used Zepto and Monoova to allow customers to move Australian dollars from one bank to the crypto exchange’s bank account.

06/08/2023

Citi unveils new Automated Settlement Solution in Hong Kong

Citi developed this capability to meet the growing demand from clients for quicker settlement due to a variety of reasons, including efficient collateral management and expeditious trade settlement confirmation for reporting purposes.

06/06/2023

Endowus Inks Partnership With Allfunds

Allfunds is a digital funds platform with an ecosystem that covers the entire fund distribution value chain and investment cycle, with solutions including dealing and execution, data and analytics tools, portfolio monitoring and more.