Managers of Wealth Fintech

Bank of America looking to recruit project manager for Ripple Project

Recently-closed job ad suggests that Bank of America is starting to warm up to crypto

Transaction banking's trailblazers

All of the people we profile have strong opinions, but not one claims to know it all.

Banking giant UBS officially implements we.trade blockchain

The Swiss bank revealed it went live on we.trade at the start of October, providing services to small and mid-sized enterprises.

A.I. will cut 200,000 American bank jobs over next decade, researchers say

Increasingly sophisticated automation technology can save big money for banks by paring down the workforce.

The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years

Resolving a long-standing question, the guidance says new cryptocurrencies created from a fork of an existing blockchain should be treated as “an ordinary income equal to the fair market value of the new cryptocurrency when it is received.”

China Could Be the Big Winner of Saudi Arabia’s Race to Become a Tech Hub

Beijing is a natural partner to fast and cheap development, but Riyadh should be wary of alienating its allies.

Ripple to Bring Blockchain Technology to Finastra’s Banking Customers

Collaboration will enable financial institutions using Finastra’s solutions to make fast and reliable cross-border payments

“Use Bitcoin”: Swiss Government Narcs on 3.1M Foreign Bank Accounts

The FTA sent information on approximately 3.1 million financial accounts to the partner states and obtained information on approximately 2.4 million accounts.”

German Finance Minister Open to Eurozone Crypto to Respond to Libra

The crazy thing is, the creation of government-backed crypto assets is gaining traction from people in high places.

Using AI for safekeeping capital investments and portfolio optimisation

There are several ways in which we can apply AI strategies in order to solve the main challenges faced by wealth managers today.

EU finance commissioner pledges to regulate digital currencies

The EU currently has no specific regulations on cryptocurrencies, which, until Libra was unveiled in June

SFC sets terms for crypto funds

The Hong Kong securities regulator has published its licensing requirements for the territory’s virtual asset fund managers.

Tech Firm to Buy Bank Frick

The transaction is subject to regulatory approval in Liechtenstein.

Global Companies Paying Cryptocurrency Salaries Have Increased

The Swiss Confederation is one of the nations that has made itself a more Bitcoin-friendly market and has become a paradigm in several references, such as the manner it is holding Bitcoin remunerations.

Bitcoin isn’t a security according to SEC staff

Moreover, if Bitcoin were a security, it would “raise substantial other issues” because bitcoin would be a massive “unregistered publicly-offered security” and the fund would be an underwriter.

QC Corner: James Ramsden QC

The UK court will decide a claim brought by a Russian investor allegedly defrauded when large quantities of bitcoin were sent to an FX trader with the intention that it be converted to $US.

Mark Cliffe: Prepare for a central bank digital currency

Central banks will be moving towards creating a digital currency in the next two to three years, according to ING's Chief Economist, Mark Cliffe

BitMinutes, Akoin Announce Partnership They Hope Will Transform Africa and the Lives of Its Citizens

While executives at the two companies have been talking for more than a year, their collective progress as individual companies made the timing right for a partnership, according to Tom Meredith, the CEO and founder of BitMinutes.

Mexico: Legal Overview In Fintech Malta-Mexico

The Malta Digital Innovation Act envisages the creation of the Digital Innovation Authority of Malta

ECB’s top supervisor urges Malta to strictly monitor banks amid rising crypto industry

Malta has also faced criticism from the International Monetary Fund (IMF) and recently failed an international AML evaluation.

Bitcoin, Blockchain & AI