Managers of Wealth Fintech

PNC expands into crypto services with Coinbase partnership

PNC says it will also provide "select banking services" to Coinbase as part of the technology deal.

AI tax platform April bags $38m Series B led by QED Investors

Building on its $30 million Series A round in 2022, April intends to introduce tools for paycheck withholding optimisation and quarterly payment management.

93% of firms plan to adopt agentic AI by 2027

The report reveals that the majority of financial institutions are actively exploring or already implementing the technology to enhance compliance efficiency and reduce costs.

Fleming launches AI platform

ReSolveRisk is a risk and analytics engine that supports sensitivity testing and pricing of liabilities at any stage in their life cycle.

Ally makes AI platform available companywide

The bank’s proprietary artificial intelligence platform, Ally.ai, has been tested with 2,200 employees in marketing, audit and technology over the past 18 months, its CIO said.

Stablecoins: The new generation of financial infrastructure

The vast growth in stablecoins highlights their evolving role as financial infrastructure.

Filipinos Can Now Top Up Cryptocurrencies Into Their GrabPay

Grab stated the new feature aims to improve financial inclusion by providing more digital-first solutions for its users.

AI tax platform april raises $38m to expand embedded services

The company’s technology combines federal and state filing into a single, intuitive process, helping partners deliver a more integrated financial experience to their users.

Launch of a British Virgin Islands Tokenised Fund

Conyers has advised Mantle in connection with the launch of Index Four (MI4) Fund

PNC Bank, Coinbase Announce Strategic Partnership to Advance Digital Asset Solutions and Expand Banking Services

This partnership brings together PNC's legacy of client service and innovation with the institutional-grade infrastructure of Coinbase's Crypto-as-a-Service (Caas) platform

Wirehouse rolls out AI tools throughout its wealth management division

The firm is extending the use of tools to help boost productivity.

Zurich launches Agentic AI Hyper Challenge initiative

These prototypes explored AI-driven innovations in underwriting, claims, marketing, and financial reporting.

Stablecoins Are Having a Moment. But What Are They Really?

Stablecoins are stepping out of the crypto niche and into the financial mainstream, but many still misunderstand what they are and aren’t.

How Switzerland Lost a 900,000 Bitcoin Bank

The crypto pioneer struggled with Swiss regulatory hurdles before shifting course. Today, Xapo Bank operates as a fully licensed digital private bank from the Rock, serving clients around the world.

SFO uses new powers to seize over £10,000 in bitcoin

This is the first time the agency has used new powers that came into force last year to freeze cryptocurrency.

Bank of England mulls shelving of digital pound

The central bank in Janaury announced plans to open a Digital Pound Lab that would set out the blueprint of a design phase for a future Bricoin.

DBS Taps Gen AI to Expand Access to Career Coaching Across Workforce

The bank was recently ranked first in TIME’s 500 Best Companies in Asia Pacific and has appeared on Forbes’ list of World’s Best Employers.

UK and ChatGPT maker OpenAI sign new strategic partnership

The government has set out plans to invest 1 billion pounds in computing infrastructure for AI development, hoping to increase public compute capacity 20 fold over the next five years.

OpenAI to Test Checkout Feature in ChatGPT, Eyes New Revenue Stream

By enabling in-chat purchases, OpenAI is looking to monetise its large base of free-tier users, who until now have remained an untapped revenue source.

CBA, JPMorgan, ASX and HQLAX form consortium for RBA's tokenised asset market pilots

Commonwealth Bank of Australia has welcomed the opportunity to join the Reserve Bank of Australia and Digital Finance Collaborative Research Centre project to help research domestic wholesale tokenised asset markets

Bitcoin, Blockchain & AI