Managers of Wealth Fintech

Deutsche Bank sees blockchain as key to tackling margin compression

Deutsche Bank is currently testing a new platform built on the Ethereum network that is designed to offer services for tokenized funds.

Warning to candidates using AI for exam support

Its applications range from basic tasks, such as taking minutes or drafting emails, to higher level complex functions, such as enhancing a firm’s security.

Will 2024 be AI’s inflection point for banks and the capital markets?

In financial services, AI is edging towards an inflection point

Hybrid Advice creates opportunities, but also Client Retention problems

Gen AI as a client engagement solution has the potential to change the way a personalized fact-find

Donald Trump’s crypto portfolio briefly peaks above $10M

The MAGA memecoin surged to an all-time high on May 27, boosting Trump’s crypto holdings.

BBVA enhances productivity with strategic OpenAI partnership

This collaboration will enable OpenAI to share its expertise and help BBVA unlock the full potential of generative AI, setting a benchmark for other financial institutions.

UAE invests in AI to enhance industrial productivity and efficiency

Fireside chat addresses massive potential of AI applications to completely transform industry and add billions to GDP

Crypto Tax Evasion in India: Why To Avoid?

With the government imposing a flat 30% tax on crypto gains, many are understandably curious about minimising their tax burden.

Successful use cases drive banks’ positive sentiment in Gen AI

Harry Swain assesses notable examples of financial sector leaders using AI to improve the customer experience and boost fraud detection

HKMA planning sandbox for generative AI in banking

HKMA’s Arthur Yuen says the Silicon Valley Bank failure holds alarming lessons about digitizing finance.

BBVA inks OpenAI deal to bring ChatGPT to employees

OpenAI has also agreed to deliver training and provide the latest updates for its large language models, the technology on which ChatGPT is built.

Island ‘should be prepared for evolving tokenisation sector’

In particular, it identifies a diversity in asset classes looking at tokenised options for investors.

EU AI Act clears final vote

The EU AI Act will come into force 20 days after its publication in the OJEU, though most of its provisions will not take effect for a further two years after that date.

Quarter of asset managers use AI in sustainability process

The survey spoke to 60 asset managers from around the world, representing £31.9tr.

BBVA partners OpenAI to deploy ChatGPT among its employees

The service broke records by attracting over one million users within its first five days of launching.

Gen Alpha and AI set to disrupt wealth management industry, argue futurists

Forty per cent of Gen Alpha think AI, virtual reality, and smart assistants will be integral to their future careers

Venture capital funding in crypto rises to $2.4 billion, PitchBook says

The recovery in publicly traded tokens and continued rise in institutional adoption will drive increased VC funding

'Faked Satoshi ' Craig Wright Lied About Inventing Bitcoin: Judge Rules

A group of crypto firms brought the civil trial, the Crypto Open Patent Alliance (COPA), that sought to prevent Wright from claiming he invented Bitcoin.

Endava partners with Finexos to revolutionise AI-driven credit risk management

This collaboration will enable more borrowers to access affordable credit while reducing non-performing loans and improving capital allocation.

Endava & Finexos partner to bring AI-powered credit decisioning

This partnership enables Endava to help financial institutions better support their customers with access to responsible lending using Finexos AI credit decisioning software.

Bitcoin, Blockchain & AI