Managers of Wealth Fintech

Consumers Don't Trust AI; Policymakers Need to Regulate as well as Innovate

Artificial intelligence can undoubtedly benefit consumers, but there is clearly still work to do to win their trust and overcome cynicism.

AI Has Made Scams Harder to Spot as Fear of Payments Fraud Grows

While it has the opportunity to help consumers, it can also massively harm them when abused by the wrong parties.

AI will transform finance sector, regulator says

The director general of Guernsey's Financial Services Commission (GFSC) was speaking after a conference looking at the role of AI in the sector.

Ramp acquires generative AI platform Cohere.io

Finance automation platform, Ramp, acquires Cohere.io in an effort to use AI in workflows.

Improving Consumer Comfort of AI-Driven Payments Is Crucial to Adoption Says Paysafe

Some consumers were able to identify their use of real-life examples like AI-powered checkouts

Smart wealth is doing pioneering work

This advance offers investors a new level of security, transparency and accessibility.

Mizuho to roll out generative AI to employees

In contrast to the Wall Street banks, Mizuho has been a keen user of generative AI

Bitpanda Pro rebrands to One Trading, raises €30m Series A

The new entity will stand alone from Bitpanda, which will retain a stake in the company

HSBC offers cryptocurrency services in Hong Kong

UK-based banking and financial services organisation HSBC has introduced a series of cryptocurrency services in Hong Kong.

Crypto exchange Bybit gains Cyprus crypto licence

The licence follows the Dubai-based crypto exchange’s exit from Canada and the UK and a waning from Japanese regulators.

Protecting your Cryptocurrency wallets with Machine Learning

If you have invested in Bitcoin or another cryptocurrency, then you are going to want to make sure that your digital coins are properly secured.

AI drives tech titan rally

Another metric to gauge the breadth of market participation is by comparing the returns of the S&P 500 market-weighted index with the S&P equal-weighted index.

Schroders explores digital asset fund in Singapore

Tokenisation brings forth two fundamental advantages: synchronised data and heightened automation

UK Businesses Hungry for AI, but Fear Stricter Regulations Could Stifle Competitiveness

This research comes at a crucial time, as the UK is in the final stages of its AI white paper consultation, which concludes on 21 June 2023.

Google Cloud launches AI-powered AML tech

Google Cloud's answer provides a consolidated machine learning-generated customer risk score as an alternative to rules-based transaction alerting.

9 AI-powered tools for empowering CFOs unveiled at Health Magazine round table

The event showcased AI technologies for automating CFO tasks

Schroders announces blockchain digital asset project with Singapore's monetary authority

Schroders says MAS's Project Guardian aims to support global efforts in testing the feasibility of tokenised assets while “managing risks to financial stability and integrity”.

Lloyds places £2m bet on AI-powered B2B fintech Fennech

The £2m investment marks the latest of several investments the bank has made in startups including investments in Bink and Caura.

Blockchain platform issues first digital green bond

The platform’s green credentials are further enhanced by a validation logic that promotes low energy consumption and a rewards system that encourages affiliated banks to improve their carbon footprint.

Credit Agricole’s CACEIS registers in France as crypto custody services provider

France has been supportive of the nascent industry and was the first major European country to grant registration to the world’s biggest cryptocurrency exchange, Binance.

Bitcoin, Blockchain & AI