Managers of Wealth Fintech

From paperwork purgatory to a frictionless future: AI’s impact on onboarding and KYC

These traditional methods also placed a significant burden on staff, requiring extensive resources and manpower.

Deutsche Bank collaborates with industry partners to launch paper on blockchain interoperability

Deutsche Bank contributed firsthand insights to the paper, describing its experimentation with blockchain and tokenization from an asset servicing perspective.

Banks see growing reliance on 'big tech' for AI bringing new risks

Banks' dependency on a small number of tech companies was "one of the biggest risks"

How AI and blockchain are reshaping the currency markets

Over the past decade, the integration of technologies like electronic trading platforms, mobile banking, and algorithmic trading has revolutionized the financial industry.

Leveraging AI, data and cloud technologies for business transformation

Topic to be tackled at EY Engage 2024, being held on June 19

The rise in GenAI use among asset managers

These firms are strategically choosing use cases that offer the most immediate operational impact and are addressing the challenges of adoption.

St James’s Place uses AI to spot and help ‘vulnerable’ customers

Move by UK’s biggest wealth manager reflects increasing scrutiny of sector by financial watchdog

ABA urges technology-neutral regulation of tokenization

ABA noted that many financial institutions are exploring the use of blockchain or other types of distributed ledger technology to support the tokenization of commercial bank money and other real-world assets.

ABN Amro turns to AI for trade finance automation

TradeSpeed will empower our operations team members to focus on making decisions rather than completing time-consuming tasks.

Bitcoin Suisse teams up with Maerki Baumann

The new partnership between the cryptocurrency specialist and the Zurich-based private bank is set to allow clients to combine the services of both companies.

Fidelity exec says most investors should have some Bitcoin allocation

The Coinshares report also noted that Bitcoin investment funds account for over $74 billion in assets under management globally.

Visa looks to generative AI to enhance tokenisation

In this example, because tokenisation allows for payment credentials to be linked to driver number plates to stay up to date, it led to fewer queues and congestion.

What is an algorithm of thoughts (AoT)?

AoT empowers AI models to navigate through a vast landscape of possibilities

Zūm Rails launches AI-powered Banking as a Service project led by Miro Pavletic

The introduction of BaaS is a significant opportunity for consumer-facing companies across various industries.

Bitcoin may hit new high if US employment, inflation slows

Bitcoin could hit new highs in a matter of days if it holds strong amid three-year low job openings

Talisman wallet launches Quests app to gamify users’ rewards experience in Polkadot and Ethereum

“With our new Quests app, we are making onboarding fun as well as rewarding, incentivizing users to explore all of the interesting projects and apps this space has to offer.”

Aspire launches AI-powered features to boost businesses across Asia

The newly launched “Aspire AI” includes key upgrades to Aspire’s analytics dashboard

Ripple taps Clear Junction for GBP and EUR-denominated payouts

Ripple serves hundreds of customers in over 55 countries and on six continents

Thailand approves first spot BTC ETF for ultra high net-worth individuals

Per the Bangkok Post, the Thailand-based spot BTC ETF is given a risk score of eight

Ripple Escalates Pro-Crypto Advocacy with $25M Fairshake Fund

Ripple’s decision to boost Fairshake’s efforts comes amid its own ongoing legal battle with regulatory bodies like the SEC.

Bitcoin, Blockchain & AI