Managers of Wealth Asia Pacific

HBL launches free ATM-based remittance service in UAE

The service is an extension of the HBL FastTransfer product, which allows account holders of the bank to send remittances to pre-registered beneficiaries using any HBL ATM in the UAE.

Arab Bank, Telr in e-commerce ‘Payment Facilitator’ deal

Under the deal, Telr will be responsible for onboarding e-merchants, after due diligence, full integration and manage risks during the ongoing transactions between buyers and sellers, said a statement.

ITG Launches New Hedge Fund Solution in Asia Pacific and Hires Industry Specialists

The solution includes integrated execution, order and position management tools designed to improve operational efficiency and costs for hedge funds.

Chinese Giant Huawei Establishes Its Regional Headquarters in Casablanca Finance City

Chinese company Huawei, a global supplier of ICT solutions, has announced that it has been granted the Casablanca Finance City (CFC) status

Millions Exposed In Japanese Pensions Hack

More than one million people have had their personal pension information leaked following a hacking attack.

Eagle ships upgrades to portfolio management suite

The latest release features significant enhancements and developments across Eagle’s full product suite to help global investment managers efficiently pursue growth and stay ahead of market challenges

China developing ATM with face recognition

The new ATM technology is being unveiled in the same month that the government launched the "Made in China" campaign to promote domestic innovation.

Commonwealth Bank to embrace Bitcoin and air miles as fintech goes mainstream

CBA has enjoyed a reputation in recent history of being a pioneer in technology, in relation to other financial institutions, but needs to press on with a tech agenda, Paul Smith reports.

Alibaba's online bank MYbank given green light to operate

The online bank MYbank, an affiliate of Chinese e-commerce giant Alibaba, has been officially approved to operate

Indonesia Turns to Technology to Build its Banking Sector

Indonesia is hoping to get more of its 250 million citizens using formal financial services, and it’s looking to some of the creative tech startups that are already one step ahead for some assistance.

Dion Global Solutions consolidated net profit rises 356.56%

Net profit of Dion Global Solutions rose 356.56% to Rs 22.28 crore in the quarter ended March 2015

Cybercrime rate on the rise as hackers cash in

THE Fiji Financial Intelligence Unit has received 45 cybercrime cases in the past five years, of which 15 cases were related to internet banking fraud.

Financial technology booms as digital wave hits banks, insurance firms

Industry players say mobile, social, analytics and cloud computing are key elements of the new banking era.

Hong Kong hedge fund embraces SimCorp’s front office

With SimCorp Dimension, the front-to-back office technology is designed to simplify a firm's technological landscape

Innovations in finance threaten leadership role of banks

Silicon Valley is coming

Mercer chooses Bravura to modernise wealth business

Mercer has chosen Sonata as the core platform technology to enable its next-generation service offering

Bank apps with mobile payment services on the rise

BANK apps which offer mobile payment services are growing more popular here, especially among the young and tech- savvy.

Westpac asks Gen Y to help it find the next fintech start-up

As all banks grapple with the impact of huge technological shifts, Westpac hopes to get an edge over rivals by tapping into the ideas of bright, young non-bankers

Alibaba ‘fighting fakes’ by fostering local brands

Chinese e-commerce giant Alibaba is working with 17 shoe manufacturers here to cultivate home-grown brands online after being criticised and even sued by luxury brand Gucci for facilitating the fake-goods trade.

Transfast launches instant bank deposits to Pakistan

Customers Can Send to 99% of Bank Accounts in Pakistan

FinTech