Managers of Wealth Asia Pacific

Estonia picks Singapore for e-residency scheme

Estonian government and bank officials will travel to Singapore every quarter starting from April to issue e-resident cards and bank cards to those whose e-applications have been approved.

OCBC sets up financial technology and innovation unit

The Open Vault at New Bridge Road will be the "nerve centre" for OCBC's innovations

Avaloq’s BPO centre live in Asia

A wholly-owned subsidiary of the Avaloq group is a fully functioning BPO centre in the heart of Singapore.

ANZ and Macquarie have partnered to develop a new wrap platform for ANZ advisers

The result of the partnership will be a new adviser wrap platform, administered and engineered by Macquarie, which will serve Oasis's 50,000 clients representing $6.9 billion in funds under management.

Krung Thai Asset Management goes live on Charles River IMS

KTAM is also leveraging Charles River’s real-time pricing for Thai markets and its FIX Network for electronic trading and direct connectivity to domestic brokers.

Bravura Launches Sonata CPPI Module With Integrated Risk Management Hedging

Barclays first bank to offer client risk management solution through Bravura platform that supports individualised protection for investment portfolios

Nikko Asset Management Selects SmartStream’s TLM OnDemand for Reconciliations

TLM OnDemand for reconciliations is the software-as-a-service version of SmartStream’s market-leading reconciliations technology.

RHB goes live with Fidessa across Asia

This is where the power and scale of Fidessa's infrastructure, combined with its broad range of features, position it as a natural partner to deliver the required reach and reliability".

HSBC cyber attack causes disruption for online banking customers

HSBC said its services had partially recovered - but it was continuing to experience attempted attacks and it was closely monitoring the situation with the authorities.

CustomerMatrix Completes $10.5 Million Investment Round Led by HSBC

The investment was led by HSBC, with participation from Aster Capital, and existing investors Newfund and True Global Ventures.

Amazon, Walmart To Invest In Indian Retail Market

India's ecommerce market is expected to grow to $103 billion by FY20 from $26 billion, according to Goldman Sachs.

NAB to Follow The Flow: Tap-And-Go

NAB Pay requires the customer to unlock the phone and hold it up to the card reader, this will complete the transaction.

Hong Kong Fintech Startup Nabs $160M In Funding And Sets New Benchmark

Hong Kong is hustling to be known as a tech startup hub

NAB’s new mobile payment service backed by VISA

Visa’s tokenisation service replaces a customer’s credit card number with a unique digital token that can be used for digital payments without revealing sensitive information.

Banks desperate to hire talent with digital skills

They are focusing on management and career development of digital banking talents.

Connectivity can create islands of opportunity

Two companies – Mindpearl and ANZ Pacific Operations – have already set up offshore operations in Fiji, with offices in the Kalabu Tax Free Zone operated and administered by the Fiji Trade and Investment Bureau (Investment Fiji).

People’s Bank Of China Seeks To Launch Its Own Digital Currency

"The team ... should set up a clearer strategic target for launching digital currencies, overcome the key technological barriers ... and aim for an early launch of the central bank's digital currencies," the PBOC said.

Commonwealth Bank to create global innovation network

Commonwealth Bank of Australia is to launch an innovation lab in both Hong Kong and London to create a joined-up global approach to new tech initiatives across the bank.

Redefining wealth management in the digital social world

2015 was a challenging year for asset managers and clients both in Asia and the rest of the world.

Dalian Wanda chairman says plans IPO for Internet finance unit

The plan is part of a broader goal to capitalize other units including its film, tourism and sports businesses via stock listings, Wang, China's richest man

FinTech