Managers of Wealth Fintech

Can AI positively boost asset managers’ AUM?

The results are divided between those respondents who are already using AI at their businesses and those who expect to use AI in the next five years.

AI, the Increasing Demand for Technological Solutions and the Potential Risks for Private Clients and Family Offices

As the environment evolves, AI is supporting the industry to achieve greater efficiency

New EU design rules adopted but AI opportunity missed

The adoption comes after the Council of the EU and the European Parliament reached a deal on the reform package in December 2023.

EToro adds 12 tokens to crypto lineup

The latest additions include layer 1 blockchains

Banks told to expand risk management to cover AI

It found that developments in AI and the the emergence of so-called deep fakes are an increasing worry for US banks.

US charges crypto exchange KuCoin with AML violations

Even then, the KYC programme only applied to new customers.

Visa Bolsters Fraud Prevention Arsenal with Three New AI-Powered Solutions

Visa says security and fraud prevention are fundamental aspects of its operations.

Broadridge’s New Investor Insights Solution Elevates Engagement Between Issuers and Investors

New expanded international issuer services including AI-powered analytics

AI-powered HR innovation by Borderless AI with $27m funding

At its core, Borderless AI is dedicated to transforming the HR industry by automating the complexities of managing international teams.

Binance to end support for USDC stablecoin on Tron blockchain network

Last month, Boston-based crypto firm Circle said it would no longer mint USDC tokens on Tron, a fast-growing platform widely used for transferring stablecoins

The Fintech Times – Wonderfi Goes International With Australian Crypto Licence

It is currently in the early stages of launching an offshore service in select crypto-friendly countries, which does not include the U.S.

BlackRock claims tokenisation first

The asset manager has partnered with digital assets firm Securitize for the fund launch and has also taken a minority share in the company.

AI moves the dial on addressing tech change in outsourcing contracts

When a supplier is required under an outsourcing contract to engage in continuous improvement this will give a customer confidence that the supplier will consider technology

Adopting Generative AI Will ‘Enable UK Financial Services to Grow Further’, Says Fifty One Degrees

Generative AI assistants are trained on specific policies, procedures and regulations.

China issues guidance for generative AI service providers

It also requires that, regarding intellectual property (IP), a reporting channel be set up so that users of AI services can be informed of IP risks when using generated content.

Blackcatcard by Papaya Ltd wins prestigious accolade

Wins ‘Best use of Crypto / Blockchain in financial services’ at Malta Cryptocurrency Awards 2024

Bitcoin Registers Biggest Single-Day Loss Since FTX's Collapse

Spot BTC ETFs witnessed record outflows on Tuesday, provisional data from Farside show.

Saudi Arabia plans $40B AI investment fund overseen by a16z: Report

If the $40 billion fund goes ahead, it would make Saudi Arabia the largest investor in the AI space.

Wealth managers remain cautious on crypto

Bitcoin is now regulated for some cryptocurrency activities.

The future of financial planning lies in AI and Blockchain

AI and blockchain could assist in decisions involving investments, taxes and insurance, and open new avenues for income. But financial advisors will still play a key role.

Bitcoin, Blockchain & AI