Managers of Wealth Fintech

OpenAI says its AI went rogue and launched 'unprecedented' cyber-attack

They targeted Hugging Face, one of the world's largest hubs for sharing AI models, gaining access to some internal company systems.

Google burning through cash with spiralling AI costs

Meanwhile, Alphabet's combined quarterly revenue hit $119.8bn, up 23% compared with the same time last year.

Singapore to Broaden AI Governance Training and Certification

The three-year agreement will widen access to professional certification and continue the joint Singapore Data Festival and IAPP Asia Forum.

Coinbase Singapore Hiring Push Targets About 50 New Roles

New roles will focus on engineering, customer service, relationship management and institutional sales.

Amazon Lays Off Staff in Artificial General Intelligence Division

The reductions follow a wider reorganisation of Amazon’s AI operations and several senior leadership departures.

Bank of America embeds generative AI into customer service tools

The new generative AI capabilities within EricaAssist summarize why a client is calling, pull together relevant information, and recommend next steps based on the employee’s role and the client’s relationship with the bank - all without interr

BitMEX shuts down operations

Crypto exchange BitMEX is shutting down operations after an 11-year run.

Sumsub Moves Beyond Onboarding With AI Platform for Fraud, Compliance

The platform is designed to support continuous risk monitoring throughout the customer relationship.

Zilch teams up with Rezolve Ai to boost retailer growth

The arrangement hands brands a direct route to Zilch’s fast-expanding customer base.

Ramp opens stablecoin accounts

Your business operates 24/7, everywhere. Your money does not.

Singapore Introduces Data Initiatives Covering AI and Cross-Border Privacy

The regulatory updates recommend specific consent for AI model training and introduce frameworks to reduce compliance costs for international data transfers

The AI limitation that keeps investment leaders awake at night

The issues that deserve more attention lie one layer deeper and rarely appear on due diligence questionnaires.

AMINA Becomes the First Regulated Bank to Integrate Leading Crypto Payments Network, Mesh

With connectivity across 300+ providers, Mesh’s verified deposit technology eliminates friction from digital asset deposits for AMINA clients

Cyclops secures $20m Series A to scale stablecoin payments infrastructure

The funding comes shortly after Cyclops secured $8 million in a strategic fundraise in March.

Visa unveils new stablecoin platform for institutional crypto operations

The platform enables institutions to mint, manage, and move stablecoins within their treasury, settlement, and product infrastructure.

AI raises the bar for entry-level jobs, PwC report finds

PwC also found that job openings for these more advanced entry-level positions have increased by 35% since 2019, while traditional entry-level vacancies have declined by 10%.

MoonPay acquires Glide for crypto deposits

The company processes more than $100 million in annual volume across 100+ tokens and 30+ blockchain networks, backed by Y Combinator and Titan Fund.

HSBC Joins APAC Push to Set Standards for Agentic AI Payments

The initiative will address liability, identity checks and fraud risks as autonomous software takes on a larger role in commerce.

Bitget Wallet and alfred Bring Stablecoin Access to Latin America's Local Banking Rails

The integration launches across Brazil, Argentina, Mexico, and Colombia, enabling users to fund stablecoin accounts directly via domestic bank transfer

Dormant Bitcoin wallet moves $383M after more than 8 years

The coins remain in the recipient wallet, with no signs that they have been sent to a cryptocurrency exchange.

Bitcoin, Blockchain & AI