Managers of Wealth Asia Pacific

Senior IT professional falls for tech support scam, nearly losing $180,000

The man, who gave his name as "Alex Murphy", told Mr KK over the phone that his router had been hacked and anyone could connect to his network.

DBS launches digital training institute to groom tech talent

The trainees will go through skills certification programmes offered by the DBS Future Tech Academy and will also be given free access to the digital learning platforms.

Asia-Pacific firms pivot to the cloud

Pandemic makes 2020 watershed year for cloud computing, data centres

AI is Bringing a Generational Change to the RegTech Industry

HKMA’s assessment holds equally true for capital markets.

Third Major South Korean Bank to Enter Crypto Custody Fray

The bank added that its move would allow it to safeguard customers’ crypto funds from “external hacking and embezzlement” risks, and could be of use to the growing crypto investment and DeFi sectors.

Asia Is Expected to Experience a Dramatic Surge in Digital Banking and Fintech Adoption, with Around 50 New Challengers

Incumbents have invested considerable resources in Cloud technology and are committed to initiatives that will lead to the end-to-end digitalization of banking processes.

Why digital channels may be the way forward in providing wealth management services

Advisory firms today are deploying cutting-edge technology to offer convenience to customers on personal financial management

Commentary: Letting a robo-adviser decide how to invest your money is a double-edged sword

With the rise of FinTech, more people are turning to robo-advisers but this prevents people from being financially literate, says SUTD’s Gordon Tan.

SS&C withdraws Link takeover bid

The Link Group board will continue to consider all alternatives to maximise value for shareholders.

‘Digital Colonisation’: A Tiny Island Nation Just Launched A Major Effort To Win Back Control Of Its Top-Level Internet Domain

“This is the big one,” said Pär Brumark, the Swedish domains expert who is leading a delegation on behalf of the tiny Pacific island.

Indian crypto bank decides to get physical

Unicas plans to offer in-person digital asset services at 100 branches by the end of 2022

UnionBank showcases Filipino innovation in Singapore fintech fest

Through participation in the said event, UnionBank was able to prove that the Philippines can compete with the best of the best when it comes to banking and fintech innovation.

2020 Asia Pacific Fintech Industry Recap

Forced to react in order not to be left behind, Asia's traditional banks responded proactively.

Live streaming: How businesses turn viewership into revenue

Live streaming was already gaining traction before the pandemic, but COVID-19 turned it from novelty to necessity. Money Mind looks at what it takes to turn viewership into revenue.

Online real estate auctions surge among China's well-to-do

Cyberbidders exploit legal loophole in tightly regulated property market

Hong Kong online banks to spread wings, offering business loans and wealth management

ZA Bank, operated by a unit of ZhongAn Online P&C Insurance, has set itself the goal of breaking even in five years.

The Philippines sees 5 banks seeking digibank licenses

Under the guidelines, digital banks are required to have a minimum capitalization of 1 billion pesos (US$20.8 million).

Chinese Fintechs Remove Bank Deposit Products from Online Platforms

The financial services arms of Tencent, JD.com, Baidu, Didi Chuxing, Meituan, Xiaomi and Lufax have likewise stopped offering deposit products on their platforms. .

Digitalisation and cyber take priority for Singapore businesses

Other risk points include social engineering technology, expanding mobile networks and collaborations with third parties.

New anti-money-laundering regulations should exclude Hong Kong’s bitcoin ATMs to sustain innovation, says industry body

The ATMs may also face more rules, as the government stated in the consultation paper that it will consider regulating them “when the market is ready”.