07/07/2020
JBWere to continue using Praemium
The two initially partnered on client reporting and administration solution on JBWere's wealth management portfolios on in 2016.
FinTech
07/06/2020
IDEMIA Ramps up Its Japanese Office and Moves It to Tokyo’s Shibuya District
The new experience center will showcase IDEMIA technologies ranging from contactless biometric readers, facial recognition technology, smart banking cards, video investigation technologies, digital payment solutions and SIM Cards, to its latest 5G demo.
07/06/2020
FICO Survey: Banking Passwords Are Problematic! Filipinos Want Biometrics
72 percent of Filipinos are happy to provide their bank with a biometric
07/05/2020
Philippine tech newcomer eyes $726m IPO
Converge challenges PLDT and Globe Telecom duopoly
07/03/2020
Wealth tech firm raises millions from Singapore family offices
Credit Suisse, which took a 10% stake in the company in 2017, has integrated the software onto its digital private banking platform for Singapore and Hong Kong clients.
07/03/2020
New Hong Kong virtual lender Ping An OneConnect, HSBC ease banking processes in battle for SME sector
We aim to serve the hundreds of thousands of SMEs and micro companies in Hong Kong that have long been ignored by the big banks.
07/02/2020
Australia to spend nearly $1 billion to boost cyber security
Australia will spend A$1.35 billion ($926.1 million) over the next 10 years to boost its cyber security defences, Prime Minister Scott Morrison said on Tuesday, as Canberra seeks to combat a wave of attacks.
07/02/2020
Beijing unveils distributed ledger tech plan
Municipal government aims to turn capital into both national and global blockchain hub
07/02/2020
Bank of Thailand Plans to launch Digital Currency
The project marks an important step in broadening CBDC’s scope and adoption to wider audiences
07/02/2020
Hong Kong launches US$15.5 million subsidy plan to encourage companies to hire 1,000 fintech professionals
While fintech will add new opportunities, companies will need to inject new capital to develop new services.
06/30/2020
Nomura Launches New Asset Management App
The app will also enable clients to easily see the assets they have at different financial institutions such as banks and securities companies, and manage them together.
06/30/2020
India bans 59 Chinese apps, including TikTok and WeChat
Government cites national security and privacy concerns, saying decision aims to ‘ensure safety and sovereignty of Indian cyberspace
06/29/2020
PH once again the Pirate’s Cove of the financial world
The self-righteous attitude of supporters of the electronics payment firm — including the press — as well as the business elite’s prickliness about outside scrutiny combined to produce a very German failure
06/29/2020
Blockchain Association Singapore partners NTUC and BFSU to grow blockchain talents and pipeline in Singapore
This reflects the huge potential for blockchain technology in Singapore’s push towards becoming a smart nation, for such emerging technologies to be tested, deployed and scaled.
06/26/2020
China tech giant Tencent expands into streaming in Asia
Tencent is one of the world's biggest online gaming companies, but has been seeking to expand into new areas.
06/26/2020
Great Eastern Invests in Fintech Unit
Axiata Digital has expressed interest in Malaysia's upcoming digital banking regime and is preparing an application, the company said.
06/26/2020
Fintech acquires licensee
PictureWealth also closed a $12 million late-seed funding round, comprising of private equity and debt.
06/26/2020
Singapore robo adviser to improve wealth platform, eyes foreign expansion
Central Provident Fund members can invest all but S$20,000 (US$14,407) of savings in their ordinary accounts in any investment products under the CPFIS.
06/26/2020
Singapore’s GIC invests again in UK fintech startup Checkout.com
The wealth fund has been an active investor in fintech firms, leading a number of fundraising this year including in Israeli-US startup Pagaya Investments and US startup Apeel Sciences.
06/26/2020
Australian Wealth Fintech Eyes Growth
The hybrid wealth manager brings together digital automation and licensed, human financial advisers to provide users with personalized actions and insights based on their financial profile.