Managers of Wealth Fintech

Profile Launches ProfileOne: The Governed AI Orchestration Platform for Financial Institutions

Financial institutions are moving beyond isolated AI copilots.

Kenyan Treasury Pushes 30% Reserve Requirement as Stablecoin Firms Warn of Higher Costs

Industry representatives warn that locking up nearly a third of their reserves in Kenyan commercial banks could choke operational liquidity, slow transaction speeds, and increase costs for consumers who use stablecoins for cross-border trade and remittanc

Blockchain.com expands Cayman Islands operations

One of the aims of the VASP Act was to make Cayman a hub for regulated digital assets

Ondo Finance Launches First-Ever Custodial Tokenized Securities in the U.S., Broadridge Partners to Integrate World Class Governance

Under this model, which closely follows the SEC’s third-party custodial model, the underlying shares never leave the traditional U.S. regulated custody chain.

The governance challenge behind AI adoption in banking

Recent warnings from organisations, including the IMF and Bank of England, have highlighted concerns with AI usage, ranging from cyber threats and systemic vulnerabilities to shortcomings in governance and accountability.

Square adds ChatGPT and Claude integrations

This foundation has expanded to helping sellers reach customers across key digital channels, from search and maps to social and marketplaces.

Grasshopper and Increase launch stablecoin-based payments

The capability allows fintechs to move funds internationally using blockchain rails, aiming to combine faster settlement with an API-based user experience.

Starling to axe 130 jobs as part of automation drive

UK challenger bank Starling has announced plans to cut more than 100 jobs as part of an efficiency drive.

Finova acquires AI LendTech Cubit Labs

The acquisition has formed part of Finova strategy to build a connected platform spanning the full lending lifecycle, including origination, decisioning, servicing, data management and AI-powered automation.

Danske Bank expands AWS partnership to accelerate AI banking strategy

The collaboration is intended to support faster deployment of AI-enabled products while creating a more scalable technology platform.

WealthArc adds crypto assets to its data platform

The result is consolidated, actionable data that wealth managers can act on with confidence, regardless of whether holdings are traditional or digital.

Finova acquires AI lendtech start-up Cubit Labs

The transaction marks Gareth Richardson's first M&A move since taking the helm of the Bain Capital-backed company last year.

Over 140 banking and tech giants team up to launch Open USD stablecoin

Backed by over 140 companies including Visa, Stripe, and Google, the Open Standard consortium aims to challenge centralised token issuance through zero-fee minting and shared reserve revenues.

Blockchain.com expands operations alongside TechCayman, doubling down on the Cayman Islands

Jennifer McCarthy, TechCayman’s head of operations, said attracting companies such as Blockchain.com reflects the Cayman Islands’ legislative framework for technology businesses

Danske Bank extends AWS partnership for AI push

Under the new agreement, Danske will partner with AWS to modernise IT systems, strengthen its cloud and data foundations, and optimise how technology - particularly AI - is developed and delivered across the bank.

Big payment names back new stablecoin

Open USD is governed and operated by Open Standard, a new independent company that counts more than 140 firms from banking, fintech, crypto and payments as founding partners.

Visa and Stripe Join Over 100 Partners to Launch Open USD Stablecoin

A consortium of major financial and technology firms will launch a shared stablecoin intended to distribute reserve earnings back to participating businesses

StarCompliance unveils checklist for bank compliance teams

The resource is designed as a practical tool that allows banks to pinpoint gaps in their existing frameworks, tighten controls and get ahead of regulatory expectations that continue to evolve.

US digital asset firm FalconX lands EU MiCA approval

The California-based prime broker will use the approval to passport its digital asset trading, financing, and custody services to financial institutions among all 27 EU member states.

Can technology regain its poise?

Technology shares came under renewed pressure last week as investors questioned the durability of AI-related capital spending after a strong rally.

Bitcoin, Blockchain & AI