Managers of Wealth Asia Pacific

Asia-Pacific Bitcoin Bank Market Assessment 2020-2026

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Working From Home Sees Spike in Cyber-Scams

Data from the Australian Cyber Security Centre found cyberattacks on Australian businesses are costing the economy $29 billion a year.

DBS signs seven-year mainframe deal with IBM

IBM z15 designed to help businesses drive digital transformation agendas

MAS’ Use of Tech to Enhance Regulatory, Supervisory Functions

Below is a summary of MAS’ use of technology to enhance its regulatory and supervisory functions, as outlined in the FSB report.

Open Banking Developments in Singapore May lead to More Transformative Fintech Changes that those Offered by Digital Banking

She added that digital banks in the country might be able to capture a market share of up to 5% which would include the unsecured retail and SME loan market.

China Cybersecurity and Data Protection: Monthly Update – Oct 2020 Issue

In conjunction with this, it has also issued a “how-to” guide on the classification of financial institutions’ financial data security.

Citizens Bank Working With CheckAlt On Lockbox Processing

Chad Tagtow, Senior Vice President and Chief Information Officer of Citizens Bank & Trust, said the bank was looking forward to leveraging CheckAlt's features to boost the customer experience.

Insurtech Cover Genius Expands Global Network

The company has previously stated its intention to expand its reach into the retail, travel, fintech, logistics, automotive, mobility, business services and gig-economy sectors in Asia and India

Hong Kong's Ex-Ministers Test Fintech Market

As so, its top managers have also had non-traditional careers to match and ex-civil servants has emerged as one of the latest trends.

EFG Bank Develops Blockchain Platform With Singapore Fintech

Starting with FX Accumulators, the solution will be scaled up to include other types of structured products in future, Hashtacs said.

RegTech Asia 2020: LIBOR Transition Progress

A key conclusion was that not all the technology pieces are known at this stage.

Tech to help reduce price of advice

“The value you add on top of that is what would potentially be audited as opposed to the grunt work behind.

Nuclei Partners With Headout for Customers to Book Events Through Banking Apps

anks across Asia have embarked on the path of digital transformation, looking to provide a more holistic experience to their customers and evolve their mobile applications to become more like Super Apps.

How Covid-19 has increased the pressure on banks to combat cyber frauds?

Adoption of e-commerce and digital financial services has seen accelerated growth in the country but the concurrent rise in cyber frauds necessitate multi-level awareness.

Hong Kong Welab Bank Partners With Solace to Achieve Digital Banking Ambitions

Solace’s secure and scalable messaging backbone has been invaluable in helping WeLab Bank shorten the time-to-market for our current and future digital bank offerings.”

Powerwrap delists, Praemium takes over

“You won’t get that compounding effect that builds growth over the long term from these companies anymore as they will be disrupted and that will eat away at their earnings.”

Bravura Acquires Delta Financial Systems

The acquisition also provides an opportunity to offer Bravura’s other products to Delta’s client base.

HSBC rolls out digital investment account opening

The launch of the service comes at a time when banks in Hong Kong are ramping their digital mutual fund distribution channels.

All set for the age of digital currencies

With the use of digital currencies becoming more prolific, users must be re-assured of the transparency and execution of payments.

Singapore banks plan blockchain-powered digital trade registry

The project is endorsed by The Association Banks of Singapore and gains support from the Enterprise Singapore.

FinTech