Managers of Wealth Asia Pacific

SoftBank racks up $3.7bn in losses at tech stock trading unit

First details emerge about ‘SB Northstar’, the division that bet billions on Nasdaq

China cracks the whip on platform industry

Draft guidelines aimed at curbing monopolistic practices signal tighter regulatory regime for internet giants

Pandemic fast-tracks digital banking transformation

Pressure increases for regulators to better manage market development and ensure fair competition

Tech.Pass: A new entry point for tech entrepreneurs and talent to Singapore

Tech.Pass will allow holders to participate in the activities of more than one business, which means holders can conduct the following activities without having to apply for different passes:

China Construction Bank to raise $3bn via blockchain bond

Fusang will use blockchain technology to record ownership.

Profile: Partnership with Surecomp, leading provider of global trade finance to mutually represent solutions

In response to a higher volume of finance requests, they must facilitate trade more efficiently and with greater connectivity to the broader trade finance ecosystem.

SS&C Superannuation Survey Reveals Need for New Digital Tools

Superannuation members’ wish list underscores the need for technology innovation

Insurtech Startup Plans Asia Expansion

The company noted a positive outlook for the global insurance market, which is expected to return to pre-pandemic levels in 2021.

HKEX to Introduce Futures and Options on Hang Seng TECH Index

These new Hang Seng TECH Index products will further enrich the Hong Kong technology investment landscape and help to attract more high quality technology companies from all over the world to our markets

Grab Leads Fundraising Round for Indonesian E-Wallet

The strategic investment from Grab allows both parties to collaborate on areas of market access and technology, and LinkAja will use the funds to accelerate growth, the statement said.

Nomura blockchain report makes case for security token offerings

The report points out that as a new funding tool security token offerings (STO) could appeal to a wide range of investors, both those motivated by monetary and non-monetary reasons, as well as investors with different levels of assets.

China’s fintech sector fails to secure any funding from venture capital firms in 2020

China is usually ranked among the world’s top hubs for fintech investment, alongside the US and UK

Ant setback signals reckoning for fintech

Decision by Chinese authorities over IPO underlines regulatory pressures on sector as it expands

Singapore Payments App Partners Accuity

"As we build out our cryptocurrency offerings, compliance and security will take on an even greater role within Fincy"

Mizuho to become first Japanese bank to sell consumer data

Lenders worldwide from Bank of America Corp. to Lloyds Banking Group Plc are finding ways to monetize their troves of customer information, much like tech giants Facebook Inc. and Alphabet Inc.

Software Upgrades Vital For Wealth Sector

Citi calculates the number of financial advisers in Australia continues to decline and advisers remain key to choosing a platform

The race to be China's top fintech platform: Ant vs Tencent

Ant refuted the comparison with Tencent or anyone else.

Using blockchain to leverage your digital assets

Forget what you know about digital asset infrastructures.

How fintech can help Indonesia's small and medium enterprises survive the COVID-19 pandemic

Lending services offered by fintech companies like Investree and Tunaikita could help these small firms to get loans at a lower cost with digital-friendly services that outstrip conventional banks.

UOB creates virtual desktop for IT home working

"Tapping our technology and cloud infrastructure, coupled with VMware’s solutions, we developed and deployed a more secure virtual desktop solution at an unprecedented pace and scale."

FinTech