Managers of Wealth Asia Pacific

Hong Kong-based Swapit scores seed funding from Aria Ventures

The local marketplace, a rival of Singapore-based Carousell, plans to expand in the APAC region

DBS unveils learning centre to boost Singapore’s digital banking scene

It will conduct over 10,000 training sessions each year and give employees access to a wide selection of courses, such as scenario-based leadership development programmes and digital master classes.

Norwegian bank to use Infosys software service

IT major Infosys on Thursday announced its winning a five-year deal from DNB Bank of Norway to transform its end-to-end operations.

Standard Chartered selects Accuity and Fircosoft for global sanctions screening

The fully integrated Accuity and FircoSoft solution offers unparalleled operational efficiency, while combining sanctions data and systems provides certainty that enhancements to either element work together effectively

Fincast application designed to democratise access to institutional fund management capability

The application is the first of its kind in the market.

Banks: Ready to fight

Kotak Mahindra Bank studied the digital wallet industry carefully to understand how a traditional bank can offer what wallets cannot.

Big four banks roadblock in Apple Pay rollout

Apple released its Apple pay mobile payment system in Australia in November, but only American Express cards issued directly by American Express can use it so far.

ANZ NZ launches HCE driven mobile wallet touted as first mobile payment app built by a bank in NZ

The Semble partnership also includes Spark, Vodafone and 2degrees.

First State Super to invest in fintech start-ups

There has never been a more exciting time to be in fintech

The Real Digital Darkness At The Heart Of Banking Is A Lack Of Respect For Customers

More than sixty per cent of those surveyed said core systems – which take years to implement – are a barrier to optimising sales performance

Swiss Re brings IBM's Watson to Australian life insurance

Swiss Re became the first global reinsurer to use IBM Watson, a cognitive computer system that is built to answer questions in natural language and "learn" from large amounts of unstructured data.

SGX restructures, streamlines tech and ooperations units

Integrating sales and product teams to provide comprehensive client solutions

Are Chinese Platforms Abandoning the Peer-to-Peer Model?

Following in the footsteps of Chinese internet giants such as Alibaba, Tencent, and JD.com, leading Chinese P2P platforms have begun evolving into one-stop wealth management platforms.

IT giant's stock rises on Internet banking permit

The stock surged as much as 12.8% to 131,000 won $114.47, the highest since early October, and closed at 120,600 won, up 3.9%.

Reluctant Banker Now King of $10 Billion in India Tech Deals

Its steady growth in advising the country’s emerging businesses caught the eye of U.S. private equity group KKR & Co.

ANZ digital software upgrade goes wrong

People vented their anger on social media with many criticising the bank’s decision to roll out the changes at the end of the month.

Chinese banks miss out on the party as Asian M&As pass $1 trillion mark

The Chinese banks' struggles to emerge as leading advisers on big ticket acquisitions have curtailed their fee income growth at a time when the lending business is under pressure due to a slowing domestic economy.

Mobile banking consumers in Singapore warned of malware threat

Bank customers in Singapore have been warned of a rise in malware infections on Android phones that seek to hijack online passwords and one-time security codes.

Hungarian, Chinese business partners seal deals worth nearly $2 bln

Hungarian and Chinese companies signed contracts with a combined value of almost $2 billion in Beijing yesterday

Microsoft wins two Asian Private Banker Technology Awards

It provides a highly flexible relationship management framework

FinTech