WealthTech
APAC’s affluent move $700b to digital wealth management
APAC’s affluent move $700b to digital wealth management
These firms are adopting hybrid models that combine digital tools with limited human assistance.
Singapore’s wealthtech venture funding surge sevenfold in four years
More rich people, digital tools are behind the rise
Bengalaru remains India’s fintech leader
WealthTech captured most of the seed funding; Marketplace Lending unlikely to rebound.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. Malaysia fines Maybank Islamic for info submission lapses 3. HSBC Malaysia penalized $690,000 for customer screening non-compliance 4. Malaysia fines two banks for non-compliance with AML/ CFT requirements 5. Citi nabs BofA banker to lead Chinese banking operationsResource Center
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?