Managers of Wealth Fintech

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.

Standard Chartered lands MiCA and EMI approvals to advance EU digital asset strategy

The authorisations arrive 18 months after the bank set up its Luxembourg-based unit for European digital asset custody operations, led by Laurent Marochini.

Joseph Davis expects AI technology to resemble electricity, benefiting the users more than the providers

Following a data-rich study of current AI capabilities and how the technology compares to other game-changing technologies of the past, we foresee an economic sea change.

Artificial Intelligence Won't Replace Bankers - It Will Redefine International Banking

Today, artificial intelligence (AI) has become the latest catalyst for sweeping predictions.

Goldman Sachs leads $110 million round in financial AI firm Taktile

One of the world’s largest insurers is running multiple use cases on Taktile, with projected cost efficiencies of over $90M in claims processing alone.

Santander publishes AI projects under an Open Source licence to ramp up shared innovation

Banco Santander remains at the forefront of AI development by offering public repositories on Open Source to foster technical cooperation and shared learning.

AI as a turning point for the economy and markets: Germany between the need to catch up and new opportunities

No other OECD country invests less in software than Germany.

Bitcoin, Blockchain & AI