Managers of Wealth Fintech

85% of banks to embed artificial intelligence by year-end in bid to streamline know-your-customer procedures

The increasing reliance on cloud across the industry has given rise to cloud marketplaces.

Banking for Humanity: Technology to Increase the Human Touch

In order to rebuild that trust, financial institutions will need to provide services with a personalised touch.

Digital Dangers: Enhancing your protection from clone firms

Clone firms are one of the most common type of scam, with the Financial Conduct Authority (FCA) recording more than 200 of them in 2018.

Cryptoleaks Firm Supplied Banks

Intelligence services for years used Crypto AG, which was dissolved last autumn, to eavesdrop on scores of messages between governments, embassies and military commands worldwide, as a media consortium reported this week.

Challenges Facing Blockchain Adoption Need Technological Enhancements

Blockchain works well with a small group of users.

Italy Registers a Boost in Cryptocurrencies and Other Digital Payments

This is a record for Italy, which in this case has a higher percentage than France and the United Kingdom, where 6% of the population does not have bank accounts or cards, but also Nigeria (5%) and South Africa (4 percent).

Egypt’s Oldest Bank Taps Ripple Remittance Solution

Egypt's oldest bank, the National Bank of Egypt is adopting Ripple blockchain remittance solution as blockchain utilization spreads.

Cryptoleaks: NSA cover company supplied to Swiss banks

The sister company Infoguard is also said to sell crypto products to the financial center.

One Million ePayments Accounts Frozen on FCA Orders, AML Concerns

Anti-money laundering concerns strike another business dealing with crypto

Fenergo closes investment from ABN AMRO Ventures & DXC Technology

ABN AMRO Ventures is the bank’s corporate venture fund that makes strategic investments in innovative technology companies to boost and accelerate ABN AMRO’s digital transformation.

Qatar bans cryptocurrencies after updating its AML laws

Following Qatar’s AML regulatory updates, the Qatar Financial Center Regulatory Authority (QFCRA) via twitter announced that all services involving cryptocurrencies have been banned throughout the Qatar Financial Center until further notice.

EU regulation could help cryptocurrency funds grow

With the growth of cryptocurrencies and crypto funds, more and more institutional investors are looking to get into this space.

ILS can be a $1trn market - if it embraces cyber risk: AkinovA CEO

That enables ILS investors to trade the collateral and unlock more capital velocity.

JP Morgan, Citi and BNP Paribas go live with CLS blockchain netting platform

FX settlement provider CLS has added three major investment banks to its blockchain-based netting platform, with nine institutions now live on the service.

Tokenization platform Smartlands to base future funds on Liechtenstein law

Smartlands is a worldwide Platform for tokenization of real economy assets by issuing asset-backed tokens (ABT)...

German Bank to Offer Tokenized Securities Based on Stellar

Investors will be able to purchase tokenized equity using a euro stablecoin that will also be issued by von der Heydt.

Cryptocurrency Scams Took in More Than $4 Billion in 2019

He invested more—a lot more. In less than five months, he bought $86,000 of cryptocurrencies, cashing out only $500.

Cognizant opens new Mangaluru facility to house 1,100 employees

The company has more than 28,000 professionals in Bengaluru and nearly 700 professionals in Mysuru.

Blockchain, Smart Contracts and the Law

There has been a huge growth in blockchain technology and in blockchain-based applications, especially in finance giving rise to so called “smart contracts”.

Mercer launches AI prediction tool for pensions schemes

Cash-flow negative DB plans require proper management in order to meet cash-flow and collateral needs – but at present that is much easier said than done.

Bitcoin, Blockchain & AI