Managers of Wealth Fintech

Rise of robots: Most UAE residents fear they will be out of work in ten years

New survey says growing adoption of artificial intelligence (AI), automation will put professionals out of work

Bank Frick Expands Range of Crypto Assets to Offer Trading and Custodian Services for Bitcoin Cash

Bank Frick, a leading European blockchain bank, has expanded its range of cryptocurrencies for which it offers trading and custodian services.

Coinbase wants to make it easier for global institutional clients to store their crypto

Coinbase’s custody unit has set up a new entity based in Dublin, in a bid to further expand its institutional efforts abroad.

French Firm Anaxago Enters Wealth Management in Quest to Become 100% Digital Private Bank

The company’s track record, especially with a such a short timeline, has caught notable attention.

Stack Launches Asia’s First Bitcoin Index Fund

The firm hopes to surpass $2 billion in assets under management next year

Banks adopt AI to manage sanctions and compliance risk

Lenders hope technology will help them spot breaches and avoid severe fines

Where’s crypto’s watchdog?

The excitement is understandable, but old-school bitcoiners have seen similar surges in the past and have learned to go with the flows.

Stack launches institutional-grade bitcoin index fund in Asia

institutions. In Asia, however, there are virtually no risk-adjusted investment portals for the bitcoin market, leaving investors in Asia with no opportunity to access these incredible potential returns."

Mercer rolls out AI tool for DB pension funds

The tool will use anonymised data from completed member options exercises and pension schemes’ own data from more than 20,000 member transactions

Singapore Helps Global Crypto Firms To Expand

Tokyo-based crypto exchange operator Liquid Group Inc and London-based Luno, which already operate in Singapore, are among the firms planning to apply for the licenses.

AI will rewrite the future of fund management

The message is not lost on fund managers as they enter the new decade

AI technology to dominate Saudi Arabia’s jobs, says futurist

Saudi Arabia is heading into an era where AI technology would take over a majority of blue- and white-collar jobs in offices, factories and hospitals

Australian crypto exchange enters ‘progressive’ Singapore market

The move to the Southeast Asian country follows “a number of positive moves by Singaporean regulators, including the introduction of the Payments Services Act by the Monetary Authority of Singapore (MAS),” Przelozny stated.

Saudi Aramco invests $5m in oil blockchain VAKT

Saudi Aramco is one of the largest companies in the world by revenue and recently had an IPO of 1.5% of its stock, giving the entire organization a valuation of $2 trillion.

Tax Agencies Step Up Efforts to Hone in on Crypto Tax Evasion

The era-defining financial scandal shone a light on a controversial characteristic of international finance that would soon spell trouble for cryptocurrency investors and businesses the world over: anonymity.

Digital currency cannot be private, says French central banker

Spurred by the rise of cryptocurrencies and Facebook`s plans to launch its Libra currency, central banks worldwide are looking into the possibility of issuing digital money to prevent the loss of state control over money.

SEI invests in AI insights firm ForwardLane

ForwardLane, had announce SEI Venture's strategic investment into the company, to accelerate growth and the provision of powerful, personalized insights for wealth managers, asset managers and commercial banks. SixThirty Global Fintech Fund joined S

China warned not to rush into creating digital currency to rival Facebook’s Libra, instead join global debate

China has fast tracked development of its sovereign digital currency, but a former central bank deputy governor has urged China to think about its response

Japanese lawmakers make u-turn on CBDC plans

A formal proposal for the digital yen will arrive as early as next month, led by former economy minister Akira Amari.

Companies Keep Flocking to Swiss Crypto Valley, Over 1,000 Jobs Added in a Year

The total number of companies working with digital assets and blockchain technologies in the Crypto Valley has reached 842, the survey reveals, compared to 750 in its last year’s edition.

Bitcoin, Blockchain & AI