Managers of Wealth Asia Pacific

ASX-listed fintech to buy Wirecard

An ASX-listed fintech has launched a capital raising to acquire Wirecard's Australia and New Zealand business.

Virtual Assets Red Flag Indicators of Money Laundering and Terrorist Financing

In response, the FATF Report Virtual Assets - Red Flag Indiciators of Money Laundering and Terrorist Financing will help national authorities detect whether virtual assets are being used for criminal activity.

Wealthtech Spending to Reach US$24B Annually by 2023

COVID-19 is Redefining the Tech Investment Roadmap, Source: Wealth Management Technology Forecast 2020-2023, Celent, August 2020

Findex and Padua form partnership

“By leveraging both transition management and paraplanning divisions Findex is accessing the full breadth of Padua’s premium outsource service capability,”

China leading the move to a digital currency

CBDCs would keep central banks in control of the amount of currency in circulation and ensure the stability of the financial and payments system as a whole.

S&P to PH banks: Step up digitally

S&P also believes digital banks would compete for the mass-affluent market if they provide better and cheaper products and services.

What is SC Group chief up to in Korea?

He will meet with the lender's CEO on Thursday, at the bank's Pangyo headquarters in Seongnam, Gyeonggi Province, where a cluster of IT startups is located. Yoon set up the lender from scratch, leading the taskforce for Kakao Bank's launch.

Landbank online account opening nears 1 million mark

With almost one million registered under the system, Landbank said it added a new feature in the platform, which allows existing DOBS account holders to update their information through the system.

UAE introduces blockchain-powered Agriota to help farmers in India

This would be made available through the technology-driven sourcing and trading platform.

Australian fintech Ignition Advice joins Avaloq partner ecosystem

Ignition’s accelerated growth comes from a focus on strategic partnerships.

Asia Pacific Investment Bank to launch Islamic Digital Finance Fund to support digital economy

“Many governments have been disbursing financial assistance to aid citizens and businesses in response to the Covid-19 pandemic.

Banks have time before digital age

“Digital Banks in Asia Pacific: Adding Value to Financial Services”. — Bernama

Thailand Starts Issuing Govt Savings Bond on Blockchain

In the next phase, the project will expand to support other types of government bonds for both retail and wholesale investors.

European fintechs are dipping their toes into Asia — but it’s not for the faint hearted

European fintechs are now eyeing central and south-east Asia as their global hubs. Can they crack it?

Zudy, the Leader in Rapid Digital Transformation, Announces Asian Expansion

Lim leads the expansion of Zudy’s presence in Asia; helping businesses of all sizes seize the opportunity of using a low-code development platform to unlock their business potential and stay competitive in the market.

Fintech funding in Asia-Pacific saw spike in 2Q, led by Southeast Asia

Fintech investments in India declined 38% to US$339 million in the second quarter as the government continued to scrutinise and clamp down on foreign investments.

Thai fintech industry has “huge” potential, KTB Securities chief says

Finnomena is one of the largest of more than ten robo advisers in Thailand, with US$270 million of assets under management as of end-2019.

Atlantis Tech is Leading the Fintech Charge to Empower SME Lending Amid Pandemic

This will provide businesses with access to the finances and assistance they need to scale and grow effectively

Digitalization of Asian Private Banking in Numbers

Many of the digital tools and capabilities being showcased during the pandemic, such as secure instant messaging or interactive virtual events, were already available to clients before the outbreak.

Refinitiv launches REDI EMS to expand its broker-neutral, multi-asset trade execution tailored for the Indian domestic market

Specific to the India market, REDI EMS supports DMA, Care and One-touch orders along with Notification of Execution (automated capture of orders keyed-in at the broker).

FinTech