Managers of Wealth Fintech

Bitcoin climbs above US$11,000 amid renewed mainstream interest, but observers warn caution is warranted

The largest cryptocurrency had a furious run higher in late 2017 that culminated with a top above US$19,500

Global money-laundering watchdog launches crackdown on cryptocurrencies

The move by FATF, which groups countries from the United States to China and bodies such as the European Commission, reflects growing concern among international law enforcement agencies that cryptocurrencies are being used to launder the proceeds of crim

Russian Ministry of Finance Considers Allowing Cryptocurrency Trading

A bill prohibiting the use of crypto assets as a means of payment in the Russian Federation passed in May of last year.

Will PwC’s New Software Solve the Cryptocurrency Auditing Problem?

The new tool reportedly allows PwC to establish crypto asset ownership and gather information about transactions and balances from blockchains.

Uses of blockchain in the M&A process

Blockchain technology can also assist in recording intellectual property assets.

Israel: First court decision issued on taxation of Bitcoin transactions by individuals

The tax authorities took the position that Bitcoin should not be regarded as currency or foreign currency.

Global Banking Giant HSBC Launches Tokenization-Based Receivables System for India

The instrument is designed to automate the accounts receivable (AR) process for HSBC’s corporate customers and their network of buyers, enabling a secure communication layer between network participants and reducing manual work such as invoice payme

Lawmakers Slam Facebook Over Crypto Plan, Call for Moratorium

"With the announcement that it plans to create a cryptocurrency, Facebook is continuing its unchecked expansion and extending its reach into the lives of its users."

AI to reorganise Asia's insurance landscape

The insurance industry in Asia is mostly welcoming of AI, and, according to Srikanth Venkatesan, Asia-Pacific head of insurance at Cognizant, the region is at the forefront of adopting newer technologies.

The Age of AI and Wall Street

Broadridge's 2019 Artificial Intelligence (AI) Outlook Survey reveals majority of financial services firms see value in AI for data mining, but legacy technology is a continuing impediment

Libra: Facebook launches cryptocurrency in bid to shake up global finance

Digital currency will let billions of users make transactions, but is already facing opposition from US lawmakers amid privacy concerns

Bank ABC Partners with Jumio to Become First Bank in the Middle East to Employ Biometric-Based Digital KYC Functionality

The company’s partnership with Jumio streamlines digital onboarding, eliminating the need for customers to visit branch offices when creating new banking accounts

Cryptocurrency platform HAYVN approved by Abu Dhabi regulator

The platform also plans to get approvals from UK regulators.

Boris, Brexit and Bitcoin

Bitcoin recently hit a year-long high, and is currently showing stability above the $9000 mark, while sister currency Litecoin has also been soaring.

Hermes EOS urges Alphabet to lead responsible AI practice

“There are clearly many areas of concern for investors with Alphabet’s use of artificial intelligence.

AI Projected To Save Banking Industry Over $1 Trillion By 2030

Artificial intelligence is one of these major disruptive and impactful technologies with powerful, game-changing influence.

HSBC Announces Digital Accounts Receivable Tool Built on Identitii’s Tokenisation Technology

Further roll out into new markets in Asia will generate additional revenue for Identitii, as previously reported

First captive to manage cryptocurrency risk formed on Bermuda

The company will retain some of the risk with the rest being held by the captive, which will not buy any further coverage in the open market.

Blockchain banking: An inside look at four banks' early blockchain successes and failures

This is a preview of the Blockchain in Banking research report from Business Insider Intelligence.

Fraudster behind $50m Bitcoin scam that duped UAE investors admits crimes

Haddow's other business scams include a milk line, glow in the dark plastics, a hotel ownership plan and even an attempt to buy the world's oldest newspaper, UK-based The Observer.

Bitcoin, Blockchain & AI