Managers of Wealth Fintech

South Africa’s Central Bank Calls Crypto ‘Cyber-Tokens’, Not Currency

The Reserve Bank has established a fintech task force to review its stance toward private cryptocurrencies

Norway's Central Bank Mulls Digital Currency as Cash Use Declines

Already, the country's DNB bank has stopped handling cash, with Trond Bentestuen, group executive vice president of wealth management and insurance at the bank, telling local media as far back as 2016, that only 6 percent of Norwegians use cash on a

Schroders invests in WeInvest

Asset management house Schroders is taking a minority equity stake in Singapore-based digital wealth services outfit WeInvest. Terms of the deal, set to be completed in June, have not been disclosed.

Japan’s Tokyo-based Bank Mitsubishi UJF Testing an In-House Digital Currency ‘MUJF Coin’

MUFG Coins is an inevitability would “overcome issues of [existing] virtual currencies” like volatility “[to] create a highly useful currency” said bank president Nobuyuki Hirano.

Union Bank introduces Robotics to power banking operations

RPA technology makes use of robots which are software tools developed to simplify business process delivery.

Asset Management is Coming to Crypto with Blox.io

Blox has announced its Blox Business platform that makes it easy for companies to manage their digital assets.

China's brick-and-mortar state bank looks to Alipay for help to embrace fintech

Alibaba affiliate will help lender with cloud computing, mobile payments and artificial intelligence-driven applications

A Money Revolution Is Underway. What Does It Mean For Central Banks?

Cryptocurrencies are creating a money revolution.

Singapore's Largest ICO Advisory Centre Launches Most Ambitious ICO Consortium in the WorldS

The oversubscribed event drew investors from around the region, many of whom already hold substantial traditional investment portfolios

Legal brief: What you need to know about ICOs

The government-supported Crypto Valley Association is now aiming to take full advantage of Switzerland’s strengths to build the world’s best blockchain ecosystem.

Robot at $390 Billion Nordea Wealth Unit Has Big Plans

Nordea wants to use Nora to help expand that figure to about 2 million people in the next 2-3 years.

Artificial intelligence to become commonplace at instos

The findings come from surveys conducted at Northern Trust client events in the first quarter of 2018.

The World’s Second-Largest Maker of Bitcoin Mining Rigs Seeks $1 Billion Crypto IPO

A top China Securities Regulatory Commission official visited the company’s headquarters last month and ‘welcomed’ them to list domestically.

Infosys Partners with 7 Banks for Blockchain Trade Finance Network

ITC is currently being used by the banks for a pilot project, using the blockchain-based solution to, a release states, increase automation and transparency, and help manage risks in trade and supply chain financing.

SoftBank Is Said to Eye Another $100 Billion for Fund 2.0

The people said the planned fund would likely draw a wider pool of investors than the first one, in which most of the contributions came from sovereign wealth funds in Saudi Arabia and the United Arab Emirates.

Santander and Broadridge Complete a First Practical Use of Blockchain

The participation for the new platform amounted to 21% of the total that participated in the AGM.

Crypto Wars Take Asia

Some nations have embraced the cryptocurrencies sweeping across the eastern continent. Others are doing everything they can to block them.

Stellar and Monero added to deVere Crypto exchange due to public demand

Nigel Green, founder and CEO of deVere Group, comments: “We’ve further expanded our offering on deVere Crypto to include Stellar and Monero due to clients demanding an even more extensive crypto portfolio.

Crypto Investment Bank Debuts in Hong Kong

As the crypto market transitions from a wild casino to an emerging market, it represents a significant opportunity for financial intermediaries.

HSBC claims first trade-finance deal with blockchain

Bank says letter of credit for Cargill opens door for technology in $9tn market

Bitcoin, Blockchain & AI