05/24/2018
Schroders invests in WeInvest
Asset management house Schroders is taking a minority equity stake in Singapore-based digital wealth services outfit WeInvest. Terms of the deal, set to be completed in June, have not been disclosed.
Bitcoin, Blockchain & AI
05/23/2018
Japan’s Tokyo-based Bank Mitsubishi UJF Testing an In-House Digital Currency ‘MUJF Coin’
MUFG Coins is an inevitability would “overcome issues of [existing] virtual currencies” like volatility “[to] create a highly useful currency” said bank president Nobuyuki Hirano.
05/23/2018
Union Bank introduces Robotics to power banking operations
RPA technology makes use of robots which are software tools developed to simplify business process delivery.
05/23/2018
Asset Management is Coming to Crypto with Blox.io
Blox has announced its Blox Business platform that makes it easy for companies to manage their digital assets.
05/23/2018
China's brick-and-mortar state bank looks to Alipay for help to embrace fintech
Alibaba affiliate will help lender with cloud computing, mobile payments and artificial intelligence-driven applications
05/22/2018
A Money Revolution Is Underway. What Does It Mean For Central Banks?
Cryptocurrencies are creating a money revolution.
05/22/2018
Singapore's Largest ICO Advisory Centre Launches Most Ambitious ICO Consortium in the WorldS
The oversubscribed event drew investors from around the region, many of whom already hold substantial traditional investment portfolios
05/22/2018
Legal brief: What you need to know about ICOs
The government-supported Crypto Valley Association is now aiming to take full advantage of Switzerland’s strengths to build the world’s best blockchain ecosystem.
05/21/2018
Robot at $390 Billion Nordea Wealth Unit Has Big Plans
Nordea wants to use Nora to help expand that figure to about 2 million people in the next 2-3 years.
05/21/2018
Artificial intelligence to become commonplace at instos
The findings come from surveys conducted at Northern Trust client events in the first quarter of 2018.
05/18/2018
The World’s Second-Largest Maker of Bitcoin Mining Rigs Seeks $1 Billion Crypto IPO
A top China Securities Regulatory Commission official visited the company’s headquarters last month and ‘welcomed’ them to list domestically.
05/18/2018
Infosys Partners with 7 Banks for Blockchain Trade Finance Network
ITC is currently being used by the banks for a pilot project, using the blockchain-based solution to, a release states, increase automation and transparency, and help manage risks in trade and supply chain financing.
05/17/2018
SoftBank Is Said to Eye Another $100 Billion for Fund 2.0
The people said the planned fund would likely draw a wider pool of investors than the first one, in which most of the contributions came from sovereign wealth funds in Saudi Arabia and the United Arab Emirates.
05/17/2018
Santander and Broadridge Complete a First Practical Use of Blockchain
The participation for the new platform amounted to 21% of the total that participated in the AGM.
05/16/2018
Crypto Wars Take Asia
Some nations have embraced the cryptocurrencies sweeping across the eastern continent. Others are doing everything they can to block them.
05/16/2018
Stellar and Monero added to deVere Crypto exchange due to public demand
Nigel Green, founder and CEO of deVere Group, comments: “We’ve further expanded our offering on deVere Crypto to include Stellar and Monero due to clients demanding an even more extensive crypto portfolio.
05/15/2018
Crypto Investment Bank Debuts in Hong Kong
As the crypto market transitions from a wild casino to an emerging market, it represents a significant opportunity for financial intermediaries.
05/14/2018
HSBC claims first trade-finance deal with blockchain
Bank says letter of credit for Cargill opens door for technology in $9tn market
05/13/2018
HDFC Bank — Revolutionising Banking with Artificial Intelligence
The underlying mission of HDFC Bank is to enable AI backed services ranging from commerce to care that can fulfill all the needs of HDFC Bank as well as Non–Bank customers.
05/11/2018
Bloomberg & Galaxy Digital Capital Management Introduce Bloomberg Galaxy Crypto Index
The BGCI is market capitalization-weighted and measures the performance of ten USD-traded cryptocurrencies, including Bitcoin, Ethereum, Monero, Ripple, and Zcash.