Managers of Wealth Fintech

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.

LUKB is the first traditional Swiss bank to launch the deposit and withdrawal of cryptocurrencies with secure custody

From October 1, 2024, LUKB customers will be able to transfer their cryptocurrencies Bitcoin and Ethereum from other wallets

HSBC Pioneers Quantum-Safe Tech for Tokenised Gold

Building on this success, HSBC expanded its offering this year with the launch of HSBC Gold Token for retail investors in Hong Kong.

How to know if a financial robo-advisor is right for you

In the rapidly growing robo-advisory industry, many firms no longer just offer to automate the investment and rebalancing of your money in a pre-selected portfolio of funds.

PayPal uses stablecoin to invest in blockchain risk management startup

PayPal has used its own stablecoin to make an additional investment in blockchain risk management specialist Chaos Labs.

Dentons launches AI-powered contract automation bot

While the current bot is designed to be used with Contract Express, Dentons will examine how to apply a similar concept to other use cases.

CheckSig launches crypto staking in Italy

The service also caters to the needs of financial institutions, which are increasingly looking for solutions that comply with regulatory and tax requirements in this rapidly growing market.

Boerse Stuttgart Digital provides crypto infrastructure to DZ Bank

The implementation of the technical and operational set-up has already started.

Bitcoin, Blockchain & AI