No hesitation when moving from traditional to digital wealth manager: Indian...
High net worth individuals (HNWIs) in India are choosing transparency and flexibility over the glitz of traditional private banking, according to a survey conducted by Indian online direct mutual...
View ArticleHKMA signs fintech agreement with Abu Dhabi
The Hong Kong Monetary Authority (HKMA) has signed a cooperation agreement with Abu Dhabi’s Financial Services Regulatory Authority (FSRA), in a bid to support the expansion of fintech businesses...
View ArticleDBS collaborates with two risk and compliance fintech firms
DBS signed proof of concept (POC) agreements with two fintech firms on risk and compliance-related solutions during this year’s DBS Accelerator and is looking to maintain the regtech focus for next...
View ArticleContineo appoints former DBS private banker as CEO
Contineo, the Hong Kong-based structured products platform, has appointed a former DBS Private Bank external asset managers (EAM) desk head as its new CEO, the firm announced today. Antoine de...
View ArticleFintech accelerators evolve to meet banks’ demands: InvestHK
The role of fintech accelerators has evolved as banks are increasingly motivated to work with fintech startups, according to Charles D’Haussy, InvestHK’s head of fintech. This year’s SuperCharger...
View ArticleGlobally shared KYC utility remains “somewhat elusive” for now: Thomson Reuters
A globally shared KYC utility remains “somewhat elusive”, despite the concept’s popularity among banks and their clients, according to a white paper published by Thomson Reuters yesterday. Know Your...
View ArticleIndosuez WM’s technology platform rebranded as ‘Azqore’
Indosuez Wealth Management (WM) has rebranded its technology solution, Crédit Agricole Private Banking Services (CA-PBS), as part of the bank’s digital revamp. Now called Azqore, the newly independent...
View ArticleJune regulatory round-up: Technology not a panacea for compliance pain points
Industry participants have told Asian Private Banker that there is still a long road ahead before technology can soothe compliance pain points, despite the fervour surrounding regtech’s ability to...
View ArticleMainland brokerages asked to stop adding new online wealth accounts
The Securities Association of China has asked Chinese securities brokerages to stop opening new online wealth management accounts for clients, with those that have yet to initiate the business line...
View ArticleMAS 610 to be “cornerstone” of future regulatory data submissions
The overhaul of MAS 610 is set to become the “cornerstone” of further submissions to the Monetary Authority of Singapore (MAS), as future regulatory reports are likely to require data similar to that...
View ArticleBNPP WM “playing to win but ready to fail” with digi strategy, says co-CEO...
Vincent Lecomte, BNP Paribas Wealth Management’s co-chief executive, has told Asian Private Banker the bank has strong stakeholder backing for its ambitious — and expensive — digital experience...
View ArticleGupta hails DBS a “global pilot” in digital transformation
DBS’s CEO, Piyush Gupta, has called the Singaporean bank a “global pilot” when it comes to collaborating with tech vendors and believes the lender now has a competitive edge that is “hard to...
View ArticleBank of Asia pioneers digital banking in BVI
Bank of Asia has received a licence to operate as a “fully digital cross-border bank” by the Financial Services Commission of the British Virgin Islands (BVI). The recently established digital bank...
View ArticleHKMA commences open API implementation
The Hong Kong Monetary Authority (HKMA) has released its open API framework and will publish a summary of banks’ deployment roadmaps on the platform during the course of its implementation strategy....
View ArticleSuitability solutions with tech partners could cut implementation time in...
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View ArticleMAS urges FIs to tighten customer verification process following SingHealth...
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View ArticleVirtual banking gathers pace in Australia
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View ArticleAPAC leads the way in adopting AI
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View ArticleExpect more core banking system upgrades in Asia: Cognizant
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View ArticleSFC rolls out ‘interim statement’ before official guidance on online client...
[…] The post SFC rolls out ‘interim statement’ before official guidance on online client onboarding appeared first on Asian Private Banker.
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