Managers of Wealth Fintech

Banks,Asset Managers can no Longer Ignore Bitcoin

Bitcoin has a higher return on a one, three and 10-year basis than any other asset class.

Deltec Bank, Bahamas says - Banks are moving from talking about Blockchain to deploying it

The same applies to added security through quantum computing which is now starting to come into the market, offering amazing processing potential.

Winklevoss Patents Tout Use Case for Gemini Stablecoin Tech in Banking

A trusted entity could be the Gemini exchange itself, the patent says, but "other types of trusted entities (e.g., banks, trusts, etc.) may also be used to issue, administer, redeem, and/or otherwise manage" the stablecoin as well.

Investing in Bitcoin: Excuses for ignoring BTC are fading

Despite the benefits and potential cryptocurrencies like bitcoin have – the regulatory uncertainty and the fact that this is a tech-driven currency may not instill bullish sentiments in many investors.

Jumio and CIMB Bank PH Team up to Provide Filipinos Unmatched Digital Onboarding Experience With AI-Powered Identity Verification Technology

Jumio helps CIMB Bank Philippines onboard new mobile banking customers while protecting against fraud and meeting strict compliance mandates

Central banks pool brainpower on digital currencies

The group will be co-chaired by the BoE’s deputy governor, Jon Cunliffe, and former ECB executive and recently appointed head of the newly formed BIS Innovation HUB, Benoît Cœuré.

Rise of robots: Most UAE residents fear they will be out of work in ten years

New survey says growing adoption of artificial intelligence (AI), automation will put professionals out of work

Bank Frick Expands Range of Crypto Assets to Offer Trading and Custodian Services for Bitcoin Cash

Bank Frick, a leading European blockchain bank, has expanded its range of cryptocurrencies for which it offers trading and custodian services.

Coinbase wants to make it easier for global institutional clients to store their crypto

Coinbase’s custody unit has set up a new entity based in Dublin, in a bid to further expand its institutional efforts abroad.

French Firm Anaxago Enters Wealth Management in Quest to Become 100% Digital Private Bank

The company’s track record, especially with a such a short timeline, has caught notable attention.

Stack Launches Asia’s First Bitcoin Index Fund

The firm hopes to surpass $2 billion in assets under management next year

Banks adopt AI to manage sanctions and compliance risk

Lenders hope technology will help them spot breaches and avoid severe fines

Where’s crypto’s watchdog?

The excitement is understandable, but old-school bitcoiners have seen similar surges in the past and have learned to go with the flows.

Stack launches institutional-grade bitcoin index fund in Asia

institutions. In Asia, however, there are virtually no risk-adjusted investment portals for the bitcoin market, leaving investors in Asia with no opportunity to access these incredible potential returns."

Mercer rolls out AI tool for DB pension funds

The tool will use anonymised data from completed member options exercises and pension schemes’ own data from more than 20,000 member transactions

Singapore Helps Global Crypto Firms To Expand

Tokyo-based crypto exchange operator Liquid Group Inc and London-based Luno, which already operate in Singapore, are among the firms planning to apply for the licenses.

AI will rewrite the future of fund management

The message is not lost on fund managers as they enter the new decade

AI technology to dominate Saudi Arabia’s jobs, says futurist

Saudi Arabia is heading into an era where AI technology would take over a majority of blue- and white-collar jobs in offices, factories and hospitals

Australian crypto exchange enters ‘progressive’ Singapore market

The move to the Southeast Asian country follows “a number of positive moves by Singaporean regulators, including the introduction of the Payments Services Act by the Monetary Authority of Singapore (MAS),” Przelozny stated.

Saudi Aramco invests $5m in oil blockchain VAKT

Saudi Aramco is one of the largest companies in the world by revenue and recently had an IPO of 1.5% of its stock, giving the entire organization a valuation of $2 trillion.

Bitcoin, Blockchain & AI