08/01/2023
Ben Thynne, family offices pile into AI biz
The little-known company, founded in 2020, develops artificial intelligence to help sales teams optimise their workflow and drive high conversion rates.
FinTech
07/31/2023
Accenture: Most Asia Users Not Satisfied With Wealth Apps
Disruptions to performance were a top hurdle with 66 percent citing bugs or crashes and 60 percent citing scheduled app downtime.
07/28/2023
China asks tech giants to showcase investments in sign of easing
The moves have helped spur stock-market gains, though it’s far from clear that a recovery in private-sector confidence can be sustained given continued worries over the risk of abrupt shifts in government policy.
07/27/2023
Digital platforms have potential to tap into next-gen wealth in Asia
Wealth management sectors in key markets across region are set to bloom over the medium to long term
07/21/2023
Hong Kong Life Becomes the First Insurer to Integrate "iAM Smart" e-ME Form Filling Function into Online Insurance Application
Hong Kong Life has been continually exploring ways to expand and enhance the application of "iAM Smart".
07/18/2023
China Ups Scrutiny on Online Content Amid Uncertainty
On top of government moves, social media companies themselves have also played an active role in scrutinizing online content.
07/18/2023
Digital Banks in Singapore Lobby for Removal of Deposit Cap
GXS Bank, supported by Grab and Singapore Telecommunications, launched in August 2022. On the other hand, MariBank, backed by Sea, made its debut in March this year but was initially made available only to a select group of invited users.
07/17/2023
Advice firm average revenues rise to $1.6m: Iress
The strategic use of a limited number of software applications streamlines internal processes, reduces complexity, and minimises the potential for errors or inconsistencies in client data management and advice preparation.
07/17/2023
Asian Companies Heighten Cybersecurity Concerns as Phishing and Remote Work Pose Threats
Traditional security approaches that focus on protecting specific perimeters are evolving into strategies that consider all potential entry points across an organization's supply chain.
07/12/2023
UnionPay International Signs MOU with Cambodia's Central Bank
With acceptance by more than 90% of merchants in Cambodia, and hundreds of thousands of cards issued by major local banks such as ABA, ACLEDA and Canadia, UnionPay has become a payment tool favored by the residents in the country.
07/06/2023
UnionBank of the Philippines selects Avaloq to Transform its Wealth Management Platform
The Avaloq platform will play a crucial role in UnionBank's ongoing transformation, offering scalability and international expansion capabilities to its wealth management business.
06/30/2023
Singapore, Rwanda Launch RISE Programme to Boost Trade Opportunities
MAS and NBR will provide strategic direction and support for the RISE programme, including providing policy guidance on cross-border financial engagements and digital financial credentials building.
06/27/2023
Schroders announces blockchain digital asset project with Singapore's monetary authority
Schroders says MAS's Project Guardian aims to support global efforts in testing the feasibility of tokenised assets while “managing risks to financial stability and integrity”.
06/26/2023
Are Aussie banks closing the door on crypto?
Crypto exchanges such as Independent Reserve, BTC Markets and, until recently, Binance Australia, have used Zepto and Monoova to allow customers to move Australian dollars from one bank to the crypto exchange’s bank account.
06/21/2023
Asian Banker Award for Alex Bank and Temenos
Award for Best Cloud Based Implementation – Small Bank recognizes implementation of end-to-end retail banking solution on Temenos Banking Cloud
06/20/2023
Fujitsu and Mizuho kick off joint generative AI trials
Mizuho, Japan’s third-largest bank by assets is teaming up with Fujitsu with the aim of trialling generative AI to streamline development and maintenance
06/20/2023
Thailand’s SCB X and Korea’s KakaoBank to team for digital banking licence, report says
"Thai virtual banks will play a pivotal role in allowing the underserved population to access financial products and services conveniently and safely,"
06/19/2023
Complaint filed against two crypto lenders for fraud
Singapore-headquartered Haru Invest and Seoul-based Delio advertise double-digit yields for investors who lend crypto on the platforms.
06/14/2023
Sygnum Singapore receives in-principle approval of Major Payment Institution Licence from the MAS
Sygnum Singapore further leverages the group’s regulated banking infrastructure, product portfolio and digital asset technology expertise
06/12/2023
Malaysia woos Microsoft, Google to bolster data hub ambitions
Malaysia’s investment success this year includes attracting companies