Managers of Wealth Fintech

Blockchain pilot successfully tokenises bonds and gold

The aim was to demonstrate how tokenised assets on a blockchain can enhance collateral mobility, improve liquidity, and increase transactional efficiency.

AI adoption doubles in UK banking sector

The survey featured 100 'senior decision-makers' among banks, wealth managers, insurers and financial sponsors.

Matrixport Expands Footprint in Europe with Acquisition of Swiss-based Crypto Finance Asset Management

FINMA-supervised unit renamed Matrixport Asset Management AG

All in on Gen AI: From discovery to delivery with Google Cloud Platform

Gen AI is full of promise but, as the technology and use cases evolve very fast and often shift direction, marketing efforts tend to amplify its complexity by overblowing it.

Blackstone to build £10bn AI data centre in UK

Private equity giant Blackstone has confirmed a £10 billion investment in an AI data centre in the North East of England, creating around 4000 jobs.

Siam Commercial Bank teams up with Databricks for data, AI transformation

It is expected to help SCB personalise and manage AI services for its customers.

How AI could entrench the big four banks' dominance in Australia

Long encumbered by outdated legacy systems, Australia’s big banks are increasingly leaning on artificial intelligence to entrench their market positions.

Crypto Finance sharpens strategic focus on its core business in Switzerland and Europe and announces the sale of its Asset Management entity to Matrixport

Going forward, CFAM will operate under the name Matrixport Asset Management AG.

Technological battlegrounds and geopolitical bargaining chips

Crucially, advanced graphic processing unit (GPU) chips are needed to process the data and computations behind AI.

Justt & Ravelin partner on fraud prevention & chargeback management

“We are excited to partner with Ravelin to tackle the growing problem of illegitimate chargebacks"

Binance to launch pre-market spot trading

Pre-market trading lets users take an early position before a token’s spot market listing, allowing the community to express their market sentiment of a particular token project.

Americans lost $5.6b to cryptocurrency fraud in 2023, reveals FBI

The report details various schemes criminals utilise, including tech support scams, romance scams, and government impersonation frauds.

Caroline Ellison gets two-year prison sentence for part in FTX fraud

Ellison ran Alameda Research, Bankman-Fried's crypto hedge fund, which was central to the FTX fraud.

PayPal lets US business accounts buy and sell crypto

At launch, this functionality for Business Accounts will not be available in New York State.

Firms struggling to find RoI for AI projects

A quarter (24%) are acheiving cost reductions through greater operational efficiency while 11% have experienced revenue growth while 12% have experienced both.

Bitcoin traders brace for US macro data, Fed as BTC price bounces 2%

BTC price downside fails to disrupt a resurgent Bitcoin mood on a day of US GDP data, unemployment figures and Federal Reserve speeches.

Pictet raises over $200m for second tech fund

The fund, structured as a Sicav-Raif and domiciled in Luxembourg, is Pictet’s second technology-focused thematic private equity vehicle.

Soc Gen strikes digital assets partnership

This partnership is a crucial step towards achieving our vision of making stablecoins a core component of the global financial system.

Israeli regulator gives AI chatbot go-ahead to provide stock-picking advice

AI startup Bridgewise has been given the green light by Israeli regulators to launch a chatbot that gives advice on buying and selling stocks.

Canada shelves retail CBDC work

After years of research, the Bank of Canada says it is "scaling down" its work on a retail central bank digital currency.

Bitcoin, Blockchain & AI