Managers of Wealth Fintech

Fidelity Digital Assets more than quadruples revenue across UK business

Strong client demand and foreign exchange gains helped boost revenue at the UK digital assets business by more than 300% last year

Data privacy concerns when businesses adopt AI

AI systems generally require large amounts of data to simulate human behaviours and this can be collected in different ways.

Risks to navigate in financial services digital transformation

Alongside changes in customer expectations there has been technological and regulatory change which has resulted in increased competition in financial services markets.

What does AI think about AI in private banking?

PBI asked ChatGPT what it thought about the future of AI in private banking.

Life insurer with premiums paid in cryptocurrency

The first was co-led by Sam Altman, CEO of OpenAI and Lachy Groom, previous head of Stripe Issuing, and with Gradient Ventures in the top spot during the second round.

Swift steps up blockchain experimentation

The fresh initiative follows a proof-of-concept conducted with Chainlink last year on the development of a Cross-Chain Interoperability Protocol (CCIP) that would connect Swift to multiple blockchain networks.

SmartMetric to embed AI into biometric credit card

The SmartMetric electronics and software team have been working for SmartMetric for over a decade and are well versed in adapting advanced electronic solutions into miniature very thin form factors.

After blockchain bungle, ASX confirms work programme to maintain Ches

"CHESS was a globally leading system when it was first introduced and I’m pleased to note that it has continued to operate safely and efficiently since then, serving the Australian market well."

Breaking down the enigma of artificial intelligence

Read about global markets and trends in this monthly Investment Outlook

South Africa Launches AI Industry Association to Drive Responsible Adoption

By analysing the global and local landscape, identifying challenges and opportunities related to AI and smart technologies in South Africa, SAAIA has shaped its vision.

Xapo Bank Expands Euro Payment Options, Bolstering Crypto and Retail Banking Integration

This integration enables Xapo Bank members to move funds in Euros within the SEPA network.

AI ripe to shake up private banking, says Israeli entrepreneur

Amnon Shashua’s recently launched One Zero bank plans push into affluent European market

JPMorgan uses blockchain for 24/7 dollar transfers with Indian banks

JPMorgan applies blockchain to interbank U.S. dollar transactions in India amid growing signs of global de-dollarization.

Paxos makes Latin American inroads

Nubank, one of the world’s largest digital financial services platforms, relies on Paxos to power the crypto experience for its millions of users.

EBAday 2023: EU and UK as global leaders in AI regulation

The opportunity and the potential risks presented by the technology continues to dominate headlines.

FinTech Futures Jobs: Three ways generative AI is being used in financial services

On a governmental level, the UK has unveiled its approach to AI innovation via a recent white paper.

OpenAI receives warning from Japanese privacy watchdog

In the US, President Biden has raised concerns over rapid AI adoption.

BIS explores use of data, tech and collaboration to combat money laundering

Between 2020 and 2022, these costs surged by around $60 billion to approximately $274 billion.

Winklevoss twins seek UAE crypto licence after “hostility, lack of clarity” in US

The twin co-founders of Gemini told Zawya they were encouraged by what they had seen on the ground in the UAE and will apply for a licence following meetings in both Dubai and Abu Dhabi

Binance plans to let traders hold collateral in banks

Binance to allow its institutional customers to keep trading collateral at banks.

Bitcoin, Blockchain & AI