Managers of Wealth Fintech

Can AI Deliver the Next Big Leap in Banking?

Among the operating areas banks believe will most benefit from AI tools are risk management (62%), updating legacy code (61%), and fraud management (59%).

ChatGPT AI bot adds shopping to its powers

Parent company OpenAI said its selections would be "chosen independently and are not ads".

Zest AI's Credit Decisioning and Fraud Detection Now Seamlessly Integrated with Temenos Loan Origination Solution

AI-Automated Underwriting and Fraud Detection Helps Banks and Credit Unions in U.S. to Compete with Fintechs While Expanding Lending Access

FE fundinfo acquires AI platform Lunar AI

The deal will strengthen FE fundinfo’s Nexus platform

Britain at risk of losing ground to rival fintech and crypto hubs, execs warn

The U.K. is home to a vibrant financial technology sector, with firms like Monzo and Revolut among those scaling to become challengers to traditional banks.

Bitcoin Community Split Over Key Proposal To Add Data

A proposal to ditch data storage limits sparked heated debate among Bitcoin devs, with some arguing it could alter Bitcoin's core purpose.

Stacks Asia DLT Foundation Registers in ADGM to Advance Bitcoin L2 Innovation

By leveraging ADGM’s distributed ledger technology (DLT) framework, the foundation plans to collaborate with regional partners to advance Bitcoin programmability.

OKX Pay Launched to Simplify Crypto Payments and Self-Custody

The company plans to integrate traditional payment service providers like Mastercard and Stripe to expand the usability of OKX Pay at merchant point-of-sale systems.

BIS, SNB and World Bank advance promissory note tokenisation

Six other central banks tested the blockchain technology

Commerzbank combines generative AI and avatar technology to create new digital assistant

The fruits of an 18-month project, the avatar is powered by Microsoft Azure OpenAI Service for advanced GPT models and is modelled after the likeness of an actress.

EU moves to clarify AI Act scope for gen-AI

The proposals are the subject of a survey the European Commission has opened, through which it is seeking the views of industry and other stakeholders.

Melania memecoin team sells $1.5M tokens as price pumps 21%

The profit-taking came as the Official Melania Meme token staged an over 21% weekly recovery, but remains 96% below its all-time high.

Bitcoin could hit $210K in 2025, says Presto research head

Peter Chung said Bitcoin has dual faces, acting as both a risk-on asset and digital gold based on market conditions and investor sentiment.

Dentons contributes to the development of Noxtua - Europe's sovereign legal AI

Additional new investors include Northern Data, CMS, and Dentons.

TD to open New York AI office

Layer 6 is now getting a second office in New York, providing access to a new talent pool and enabling it to more closely support TD's significant US operations.

Failure to adapt to AI could put reinsurance sector at risk

Beattie advised reinsurance companies that wanted to increase the use of technology to start slowly and expand as they gained trust in the systems.

AI could help make Jersey £2.8bn annually

Despite these challenges, 30% of organisations have now implemented artificial intelligence, and embracing automation and technology was cited as the top tip for boosting productivity.

How AI in Banking Drives Smarter Experiences in Asia

Over 70% of customers want their primary bank to proactively improve their financial wellness, signalling a major shift towards cognitive banking.

J.P. Morgan To Launch AI Invoice Reconciliation Service in the Philippines

The AI tool aims to streamline cash flow and reduce operational friction for businesses, having already demonstrated significant success in India.

Your AI ‘digital twin’ can take meetings and comfort your loved ones

It sounds like science fiction, but a range of new projects will replicate your personality and intellect today as an autonomous AI agent.

Bitcoin, Blockchain & AI