Managers of Wealth Asia Pacific

Singapore and Britain agree to help their financial technology firms

British fintech generated 6.6 billion pounds of revenue in 2015 and has a workforce of over 60,000 employees, according to the statement.

BNM Actively Engaging With Fintech Firms, Says Governor

In the Islamic finance industry, Muhammad said, the Investment Account Platform that was launched in February is an important example of a collaborative strategy by the industry to bring game-changing innovations to the market.

Money-changing app, Curren$eek, wins the Asean Fintech Challenge

Curren$eek’s Hakim Karim, in his five-minute pitch, said while trillions of dollars are exchanged into different currencies every year, not everyone knew where to get the best rates.

How Small Banks Can Partner with Fintech Firms

Digital technology changes the way consumers interact with their bank and finances. How are smaller banks expected to compete with the new market entrants and larger banks that have developed innovation labs and are investing directly in fintechs?

For tech companies looking to IPO, SGX’s Catalist may present a golden opportunity

While SGX may not seen as a tech exchange, the strengths of its Catalist might change that perception

Ant Financial valuation a sign of things for come for China’s fintech sector

The US$4.5 billion it raised last month was the world’s largest single private placement by an internet company

Are we ready for the National e-Payment Master Plan?

The master plan comprises five projects: an AnyID payment system; expansion of the use of electronic cards; an e-tax system and e-transaction documents; e-payment of government entities; and building awareness.

Singapore banks become a hotbed for ‘fintech’

Government support and financial experience make city-state fertile ground

Advisers concerned about the advice robos provide: CFA Institute

Despite these concerns, respondents said they thought robos would have the greatest impact on the financial services industry over both a one-year and a five-year time horizon

In China, Traditional Banks Fight Challenge From Internet Firms

Internet companies lent more than $150 billion to customers in 2015, which is an extremely small amount compared to the much larger lending by commercial

Banks should work with fintech firms

He said some banks have worked with fintech companies to develop products and innovation.

Citigroup to Bring Voice Recognition to Asia Amid Digital Push

The growth of Internet and mobile banking means that about 95 percent of Citigroup’s retail banking transactions in the region take place outside the branch network, Selvakesari said.

Bitcoin Trials: CSIRO To Investigate Technology’s Use In Aussie Banking, Business and Government

Bitcoin is the anonymous, intangible currency used by criminals and tech companies alike, but Australia’s leading research organisation will look at ways to use its technology in our banks, businesses, and government agencies

Malaysia banks told to embrace challenges posed by fintech firms

But instead of seeing fintech companies as competitors, we might as well see how we can work together and strengthen our proposition to customers.

Tech giants in crosshairs as Aussie govt redoubles tax chase

ATO powers beefed up.

Dbs Bank launches mobile-only banking to get more customers in India

Instead, customer authentication is done purely using the Aadhaar card.

Japan Officially Recognizes Bitcoin and Digital Currencies as Money

Interestingly, the cabinet also takes into stock the rising importance of virtual currencies and the new bills will recognize them as a means of making payments and having the potential to be digitally transferred.

Paytm Partners With Wipro For Its Upcoming Payments Bank

It will also put in place and manage the data centers for the Payments Bank in order to ensure smooth functioning of the new unit.

Apple, ANZ Bank strike deal to bring Apple Pay to Australia

Apple Pay allows users to register credit cards on devices such as iPhones, and pay for goods and services by swiping the devices over contactless payment terminals.

Making digital solutions count in Asia

As the next generation of wealthy Asians increasingly look to divest family businesses, they are expected to demand more from their wealth managers in terms of quality of service.

FinTech