05/14/2019
Robo-adviser to reduce 'human error' in investing
Wealthify charges an annual fee of between 0.4 - 0.7 per cent depending on the size of investment, with an average fund charge of 0.22 per cent per year.
Mobile Banking
05/13/2019
Nucleus launches post-Mifid client portal
The portal follows Nucleus’ aim to make adviser correspondence paperless including the new costs and charges statements as part of Mifid II.
05/10/2019
Tencent, Alibaba, Xiaomi units win Hong Kong online banking license
The Hong Kong Monetary Authority said the newly licensed banks plan to launch their services in six to nine months.
05/10/2019
Intelligence Brief: Can Asian MNOs play in mobile pay?
From a mobile payments perspective, China is very much the poster-child.
05/09/2019
Telenor CEO vows to 'control' Asia tie-up with Axiata
Singtel and Viettel are also bent on Southeast Asian domination
05/08/2019
Sharesies granted robo-advice licence
According to Roberts, there are a large number of people “prevented from getting appropriate investment advice because they don’t have big enough portfolios.
05/08/2019
Open banking is just a taste of what’s to come
Solving these challenges with technology requires more than interoperable APIs. It needs a whole new approach to international payments.
05/08/2019
Asian GoBear secures $80m to develop digital financial platform
GoBear added that many consumer products and services “remain ill-suited to the mobile generation” with cash transactions “the norm”.
05/07/2019
World Bank advocates for digital banking to rope in the poor
The report also calls for a balance between innovation and risk, to cater for consumers who want not only to save, but to access digitally enabled, market-based wealth-building products.
05/07/2019
Dubai launches digital wallet for paying govt fees
The new digital wallet, noqodi, is the latest option available to pay government fees through Dubai Pay gateway, the Dubai Now smart application.
05/07/2019
MAS studying virtual bank licensing regime for fintech firms
MAS added that banks are also actively improving their digital offerings in cooperation with fintech companies.
05/07/2019
New Digital Platform to Help Tackle Dirty Money
Powered by Microsoft Azure technology, the Kyckr platform debuts an all-new mobile responsive design centred around client needs and behaviours, with quick search dropdowns, improved administration features, dashboard functionality and increased informati
05/01/2019
More measures to make Dubai smarter: Aisha Bin Bishr
Discussions are underway to ‘lift technology restrictions’ and boost economic businesses
05/01/2019
gh-link cards: How different are they?
Transactions on the gh-link cards are processed locally.
05/01/2019
Bankable and Visa partner to accelerate digital banking solutions
The partnership will allow Visa members to obtain access to Bankable’s platform to help them deploy digital banking and real-time payment services.
04/29/2019
Consumer costs set to plunge as South African banking industry evolves
The paperless model means lower operating costs for banks.
04/25/2019
Wirecard relied on three opaque partners for almost all its profit
Whistleblowers claim unit of German payments group was not audited
04/25/2019
NatWest UK Launches Biometric Payment Card Trial Featuring Fingerprints’ Technology
This is the first trial in the UK
04/25/2019
Online wealth manager launches MPS for advisers
An investment team will monitor portfolio allocation and performance daily
04/24/2019
Bill Gates is committed to giving away his fortune — but he keeps getting richer
Gates is now worth $100 billion. Why is it so hard to give money away?