Managers of Wealth Asia Pacific

Value Partners Launches Asset Management App

The app intends not only to showcase the firm’s digital capabilities but also to help expand the demographics of its customer base.

Two big wins at Asia Business Law Journal's Japan Law Firm Awards 2022

Our practices remain very strong even at a time of unprecedented challenges. It is encouraging to have received these awards, which are determined by client feedback.

Investors Prefer Personal Advisors Over Robo or Digital Solutions In Their Wealth Management Journey

The report finds that 72% of investors prefer to retain the human touch when it comes to advisory services, consisting of advisor-led relationships (35%) and hybrid “phygital (a combination of both digital and physical)” relationships (37%).

AmEx Opens Innovation Center in Singapore

American Express will begin hiring for the global innovation center immediately

Email Alert – Phishing emails related to Mega International Commercial Bank Co., Ltd.

The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions.

More PH banks embracing cloud services

Cloud technology allows entities to store and access their data and programs via the internet instead of the traditional and physical hard drives.

Online Silence Sparks Worries at Hong Kong Crypto Exchange

AAX was founded in 2018 and launched its exchange a year later, becoming the first crypto user of the London Stock Exchange’s matching technology.

Vietnam's Timo Bank Builds with AWS to Promote Financial Inclusion

Timo set out to drive economic empowerment by delivering innovative and personalized mobile banking services to the Vietnamese population, of which 69% are unbanked.

Fourth OCBC Financial Wellness Index finds young crypto investors still keen on cryptocurrencies despite crash

This year’s OCBC Financial Wellness Index dipped to 61, returning the score to 2020 levels, when the world was grappling with the Covid-19 outbreak.

Cambodia's ABA Bank rolls out card issuing kiosks

ABA Bank's mission is to deliver the best banking experience to its customers both in-branch and digitally.

ZA Bank integrates Wise to become first HK bank to launch international transfers with no FX mark-ups or hidden fees

This offering is now available to all ZA Bank users.

Quantifeed Acquires UK Fintech Firm

The acquisition will help Quantifeed expand into international markets across Europe, Middle East and the Americas.

Singapore digital wealth manager Kristal.AI raises US$10 million, applies for UAE licence

The company says it has now raised more than $27 million from investors.

AB Capital Group Chooses Innovative SS&C Platform to Propel Business

Philippines-based financial services provider selects SS&C Aloha to power new wealth business

Hong Kong Authorities Shrug Off FTX Collapse

Sam Bankman-Fried’s FTX was founded in Hong Kong before moving its headquarters to the Bahamas in September 2021 but the firm remains on the city’s corporate registry.

SoftBank Group unit seeks up to US$215m in Paytm stake sale

SoftBank is one of Paytm’s biggest shareholders, along with Alibaba Group Holding and its fintech affiliate Ant Group.

Tranglo launches real-time payments to Malaysia

Tranglo now performs more than 80% of its cross-border payments in real time.

KB Securities, Subsidiary of Korea's Largest Banking Group, Takes Stake in ADDX as Part of US$20M Upsize to Pre-Series B round

The investment will also be used to fund the firm’s global expansion, which includes plans to enter more markets both by working with partners and by obtaining new licenses.

Avaloq: Onshore Wealth Growth Fuels Southeast Asia Tech Demand

In Southeast Asia, this trend has extended beyond the regional hub of Singapore to various onshore markets.

ADDX raises further $20m led by Korean banking group

The Singapore-based digital private markets exchange will use the money to expand its service for wealth managers and accelerate its overseas expansion plans.

FinTech