Managers of Wealth Fintech

AI-powered finance is redefining the future of wealth management

AI enables mass customisation, helping create personalised financial plans at scale.

Local payments driving LATAM’s online shopping boom

The research also captures shifting consumer preferences across the region.

The AI Fraud Crisis That the CEO of OpenAI Wants Us to See

The scale of the problem is reflected in staggering financial losses, with AI-powered scams costing consumers over US$12.5 billion in 2024 and bypassing security measures nearly a third of the time.

Stablecoin platform Rain raises $58m

Enterprise interest in stablecoins has surged following the Genius Act in the US and the MiCA framework in Europe, which have created a clear regulatory path for adoption.

Finastra and Circle Open Door for USDC Stablecoin Use for Faster Settlements

The move follows Circle’s earlier pilot with Mastercard and expands the use of stablecoins in global banking networks.

Garanti BBVA migrates customers' crypto asset portfolios to banking app

Garanti BBVA Crypto users can now easily view their crypto assets, along with price information in real time, gains and losses, and watchlists directly from the ‘Investments’ menu in the bank’s mobile app.

Insights from the BMA’s Discussion Paper on Responsible Use of Artificial Intelligence in Bermuda’s Financial Sector

The BMA is taking a consultative approach to ensure that the proposed regulatory framework is fit for purpose while adhering to international standards.

End of payment tokens regulation transition period signals ‘new phase’ for UAE digital asset regulation

The regulation now fully applies across mainland UAE, excluding the financial free zones, and businesses operating in the digital payment token space must ensure they are fully licensed or registered to continue offering services.

Cloudflare Moves First to Rein in AI Crawlers with Default Block Setting

The move comes amid growing concerns over AI models scraping web content without attribution or fair compensation.

Gemini accelerates European expansion with MiCA approval

Gemini's MiCA approval complements its May obtainment of a MiFID II Investment Firm licence for derivatives trading.

Zopa to upskill workforce for GenAI paradigm shift

Zopa's investment in AI comes as the bank releases a report on AI adoption in UK banking

Citi Wealth Launches “Advisor Insights” Pilot and “AskWealth,” AI-Driven “Gamechangers” for Client Communications

The AI-powered innovations mark a significant step forward in Citi Wealth’s AI, data, and technological capabilities

How AI is reshaping financial crime prevention

Despite this, many organisations still rely on outdated rule-based systems, ill-suited to today’s real-time environment.

Standard Chartered and Ant International Launch AI-driven FX Management Solution

Collaboration integrates Falcon TST and SCALE to improve FX forecasting and risk management in real time

EU weighs public blockchain for digital euro

To counter the perceived threat, officials are considering launching the CBDC on public blockchains like Ethereum or Solana.

Crypto wallet MetaMask launches native stablecoin

Self-custodial crypto wallet MetaMask is launching its own native stablecoin, which will be issued by Stripe-owned Bridge.

The Bank's artificial intelligence (AI) strategy

This strategy sets out the future direction of the application of AI internally at the Bank

Cogniquest expands AI automation footprint

The solution is designed to manage the reconciliation of millions of invoice records seamlessly, reinforcing Cogniquest’s credentials in managing scale, speed and complexity in high-volume enterprise environments.

Meta inks £10 billion cloud deal with Google

Previously, Google Cloud partnered with Meta for AI model Llama that launched in 2023.

Banks in rapid take-up of AI despite growing data security risks

The headlong shift sees efficiency gains but also rising data, fraud and net zero challenges

Bitcoin, Blockchain & AI