03/14/2014
China's central bank halts Tencent, Alibaba mobile payment process
China's central bank demanded on Friday that payments made by scanning a bar code with mobile devices be halted
FinTech
03/12/2014
Eagle Investment Systems Collaborates with AIMS-STM to Provide Comprehensive Portfolio Management Solution Encompassing Australian Capital Gains Tax Support
Eagle's collaboration with AIMS-STM will offer the Australian market the only comprehensive and innovative portfolio management solution covering middle and back-office functions together with fully automated Australian capital gains tax calculations
03/12/2014
INDIA: RBI plans to permit cash withdrawal from mobile wallets
The RBI executive director admitted that mobile banking has not picked up in a large way due to difficulties surrounding mobile number registration, user authentication and that the central bank had set up a committee to look into these challenges.
03/06/2014
Wespac target: Become the best digital bank in the world
‘We want to be at the forefront of technology,’ says chief digital officer Simon Pomeroy, during demonstration of Google Glass and iBeacon at bank headquarters.
03/05/2014
To cut cost, Infy to use more offshore sites
Infosys plans to increase its dependence on offshore locations for IT services delivery as a part of a cost cutting drive
03/05/2014
L&T Infotech develops ‘Wealth Management Portfolio’ app
The mobile application called ‘WMS is created for the IOS and Android platforms.
03/05/2014
Top Indian IT firms pip multinational rivals in incremental revenues
Over the past 4 years, TCS and Cognizant Technology Solutions Corp. have seen incremental revenues grow faster than IBM or Capgemini
03/04/2014
Debate on Internet wealth management heats up
The burgeoning Yu'E Bao-like online investment funds have won the hearts of more and more customers, which inevitably squeezes the strong existing market share of the conventional banks.
03/04/2014
SS&C to Host 'A Conversation With Bill Stone, CEO and Chairman' Event in Hong Kong
SS&C Technologies Holdings, Inc. a global provider of financial services software and software-enabled services, today announced they will host an event featuring a conversation with CEO, Bill Stone in Hong Kong on 12, March 2014.
03/03/2014
AMP relaunches products on North platform
AMP has relaunched its retail wealth management platforms on its North platform, cutting down on administration for advisers.
03/03/2014
Using Performance Analytics to Attract and Retain Clients by Phil Banas
Today's marketplace provides investment firms with a wide range of asset classes to help them to manage money effectively.
03/03/2014
Online fund rivalry heating up
Securities and asset management firms are expanding their online sales networks for fund products with the country’s largest online fund mall scheduled to launch on March 26.
03/03/2014
ChinaCache Announces US$55 Million Private Placement
ChinaCache International Holdings Ltd. the leading total solutions provider of Internet content and application delivery services in China, today announced that it has signed a definitive securities purchase agreement with certain Institutional Investors
02/28/2014
Banks need to improve IT to meet demands of booming Asia Pacific
As customers become more sophisticated, banks in Asia Pacific, including Indonesia, have no choice but to revamp their technology platform to meet changing demands of customers, a group of finance and technology experts has said.
02/27/2014
IRESS Australia wealth profit up in 2013
The Australian wealth management division of IRESS, which produces the financial planning administration software Xplan, benefited from increased activity by its clients as they scrambled to meet the 1 July 2013 FOFA implementation deadline.
02/25/2014
China’s Luxury Boom Moves to the Web
China’s luxury boom is going online
02/25/2014
Tax bites into Praemium profits
Praemium stated that with its “Australian business again profitable during the first half of FY2014, a tax expense of $2.0 million has been recognised.
02/25/2014
China tech giants luring funds from traditional banks
With China's technology companies tipped to be given licenses to provide banking services, traditional brick-and-mortar banks are venturing out into the online realm to better compete against these new market players.
02/24/2014
AMP releases wealth tracking app
AMP has launched a new mobile app in an effort to better engage its wealth clients.
02/21/2014
AMP launches integrated wealth app
AMP has launched a mobile app which allows customers to access their banking, superannuation, insurance and investments.