ai | FinanceAsia

WeLab Bank: taking digital banking to the next level in Hong Kong

After a transformative 12 months that has led to success in key market segments and breakeven faster than the industry norm, WeLab Bank has emerged as a leading digital bank in Hong Kong. Speaking with FinanceAsia, Chief Executive Tat Lee outlines what’s next, including capitalising on the potential of artificial intelligence (AI).

WeLab Bank

Going beyond code: MAS and AWS urge cultural rethink on AI

Cultural readiness, not just code, is emerging as the biggest barrier — and opportunity — in scaling AI across financial services, according to MAS and AWS.

July 02, 2025

How SS&C Intralinks is driving growth in Asia with AI-powered M&A and seamless alternative investment fund management

SS&C Intralinks is transforming M&A dealmaking and fund management across Asia Pacific (APAC) with AI-powered platforms. These platforms are empowering firms to move faster, make smarter decisions, and capitalise on opportunities in a fast-changing market.

SS&C Intralinks

AI adoption speeds up Asia trading efficiency optimisation

Artificial intelligence is helping improve trading efficiency, however, a balance with cost efficiency is crucial for financial institutions to stay competitive.

March 04, 2025

SoftBank and OpenAI agree Japanese AI joint venture

SoftBank has said it will spend $3bn annually to deploy customised AI across its group of companies; the JV, known as SB OpenAI Japan, will sell to Japanese firms.

February 04, 2025

Analysis: How DeepSeek’s AI model is driving investors into an uncomfortable reality

The release of a competitive low cost large language models not only shifts the AI narrative away from expensive hardware, but also prompts debate about a potential inflection point for fund managers, with some models potentially not surviving.

February 04, 2025

Broadridge creates new role for AI trading solutions

David Fellah has been hired from Instinet LLC to lead artificial intelligence integration into Broadridge’s trading solutions offering.

November 05, 2024

Alibaba upgrades Hong Kong listing status to primary

This move makes Alibaba eligible for the SAR’s Stock Connect programmes, which will help the firm tap a larger group of Chinese investors; however, rival PDD Holdings saw its shares drop sharply on the Nasdaq this week, and JD.com has unveiled a $5bn share buyback plan.

August 27, 2024

Allied Bank: innovating for a new digital future

With the goal of giving customers greater access, convenience and service quality, Allied Bank Limited (ABL) is starting to reap the rewards of innovative technologies that are also driving digital transformation in Pakistan’s banking sector.

Allied Bank Limited