Managers of Wealth Asia Pacific

Banks and tech firms apply blockchain to trade finance

By putting the transaction on a distributed ledger, the importer and its bank, together with the exporter and its own bank, can see the data in real time.

Credit Suisse: Ultra-Rich Facebook Looking for Asian Investors

Credit Suisse has switched to spending and expansion mode for its private bank: it's «entrepreneur's bank» is taking shape in the U.S. And a planned social network for the ultra-wealthy harbours global ambitions.

NH bank robots take on clients

The robot will then assess the information and advise clients on investing.

Bank of America Merrill Lynch and HSBC team up for blockchain-based trade finance innovation

The blockchain space is constantly mercurial and entrepreneurial.

Apple bites back over Australian banks’ “cartel”

The three banks, with Bendigo and Adelaide Bank, applied in July to collectively negotiate with Apple

New Silkroutes in risk management & private security services JV with UK Rubeus

The JV to provide bespoke solutions for risk and security-related matters in Asia

Digital banking

ATMs, credit cards, debit cards, agent banking, mobile banking, branchless banking, among others, are becoming popular these days to enhance people’s access to financial services.

NAB signs payments agreement with iSignthis

The payments firm will also gain access to the Australian and New Zealand markets. Both parties will take a share of the merchant fees involved.

Japanese Biometric Startup Feels Future at Its Fingertips

To be successful, a payment system would have to match the print against a database that may contain thousands or millions of other prints, and to keep impatient customers happy do it within seconds.

Hacker threat looms above finance-banking sector

Alarm for the local banking system

Bravura Solutions deploys AppDynamics to optimise customer experience

It gives us high visibility into the Sonata customer experience, and enables us to pinpoint issues and to respond rapidly.

Jack Ma is opening his wallet to Europe but not to Europeans

Alipay is in talks with other technical, retail and payment partners in France and Germany, as well as the UK and Italy, Ms Liu said.

Bitfinex Might Compensate Clients With Shares for Stolen Bitcoin

Bitfinex exchange decided to give all clients a 36% haircut across the board to cover for the affected bitcoin wallets.

SysArmy, Baker Tilly forge deal to boost cybersecurity preparedness in Malaysia

The partners will launch a full spectrum of integrated cybersecurity solutions to help local organisations in the initial phase of cybercrime prevention.

OCBC to help pilot three fintech solutions for wealth management, home loan services

Three of the eight startups will now line up for a three-month pilot test at OCBC and Bank of Singapore in the fourth quarter.

Uber Forced Out of China

Ride-sharing company the latest casualty of Chinese business climate hostile to foreign firms

Charles River inks Asian deal

The Charles River Investment Management Solution gives us the capabilities and scale to grow our business,” said Thanavut Pornrojnangkool

Bitcoin tumbles as hackers steal $65 million from Hong Kong exchange

In total, the mysterious hackers made off with 119,756 bitcoin, leaving Bitfinex customers seriously out of pocket.

Trading Technologies launches new platform in Australian Liquidity Centre

David Raper, executive general manager trading services at ASX, says TT’s new platform will provide the community with an “innovative means” to access derivatives products on the Australian market.

One of Australia's Top-Performing Funds Is on a Tech Spree

Magellan Financial Group Ltd.’s flagship fund is also betting on software maker Microsoft Corp. and Alphabet Inc., owner of the Google search engine and the Android mobile operating system.

FinTech