Managers of Wealth Asia Pacific

Xero's rich data heralds a new world for banks

By linking lenders with the rich, real-time corporate data stored in Xero's digital cloud the strategy is beginning to reduce the time and cost of financing thousands of entrepreneurs.

Financial planner and bitcoin entrepreneur launch new robo-advice business

Initially the company will sell Future Penny to large firms

Bank CEOs recognise FinTech threat to traditional banking

The top dogs at some of Singapore’s largest banks are glancing over their shoulders at the rise of Fintech startups and they don’t like what they see.

Avaloq: Chinese Middle Class Will Boost Growth

Avaloq, the Swiss banking software developer, is putting a bet on renewed growth in China to boost its business as it extends its presence in the Asian growth markets.

Future Generali India Insurance launches app

With the help of i-MoSS, company expects on-the-spot conclusion of 70% of its motor insurance claims

OCBC launches Apple Watch mobile banking app

OCBC Bank has launched a new mobile banking app designed for Apple Watch.

UOB launches the YOLO credit card to target millennials

It will give its holders priority access to bars and clubs such as Kyo and Timbre, access to dining deals and rebates on travel websites such as Agoda and Expedia.

Bank of Ceylon Upgraded Core Banking and Front-end Teller Systems

The bank has also chosen Communicator from Fiserv to further streamline the integration between Signature and third-party solutions.

Chinese family money fills gap after retreat of the wealth funds

In some cases they resemble the US robber baron families of earlier times

Dell sells IT services unit to Japan’s NTT Data for $3 billion

The move will allow Dell to trim some of the $43 billion in debt it is taking on to fund its pending acquisition of EMC Corp, a deal worth close to $60 billion

Fintech firms will help banks succeed - not eat their lunch: MAS

Fintech firms - non-bank businesses which are using technology in new ways to change the landscape of moneylending and financial services - have grown in prominence over the last few years.

Investing in robots to cut compliance costs

The emerging markets-focused British bank has set up a new lab called the eXellerator in Singapore in an attempt to bring theoretical ideas from Silicon Valley to life.

Looks to kickstart 'fintech' revolution

In comparison, investment in Japanese ventures reached only around $44 million in the first nine months of 2015.

Mobile banking sees dramatic surge in India

Amount transacted in December 2015 rises more than fourfold from year-ago period; focus on corporate clients

An Emerging Target for Cyberthreats and Banking Trojans

BM X-Force researchers continuously monitor and track the activity and migration of malicious banking Trojans around the world, and they recently observed that Singapore is becoming a rising target for cybercrime.

Bendigo Bank invests in new trading platform technology

In continued efforts to improve its customer service, the company has partnered with CMC Markets Stockbroking to launch a new online share trading platform.

Standard Chartered opens Singapore innovation lab

Standard Chartered has already laid the groundwork for the new lab through a multi-year collaboration agreement with A*Star’s Institute for Infocomm Research

Bangladesh tech expert who went missing after cyber theft returns

Police delivered him to their Dhaka home, his wife Kamrun Nahar Chowdhury said, although his disappearance was still a mystery.

Australian Government Talks FinTech Reform

Paralleling ASIC, the Australian government prepares FinTech measures.

SWIFT to advise banks on security as Bangladesh hack details emerge

Unknown hackers breached the computer systems of Bangladesh Bank and in early February attempted to steal US$951mil