Managers of Wealth Fintech

Bitcoin slumps under $64K amid historic ‘negative’ sentiment

BTC trader fatigue, combined with whale accumulation, generally leads to bounces that reward the patient.”

AI to impact more than half of banking jobs - Citi

Citi argues that AI may be adopted faster by digitally native, cloud-based firms, such as fintechs and Big Tech, with agile incumbent banks following fast.

Machine learning startup Innzpira launches in the UK

The financial industry is continually seeking ways to enhance customer experience

AI Could Displace More Than 50% Of Banking Jobs, According To New Citigroup Report

GPTs have the potential to transform entire economies, changing the way we live and work.

How Generative AI is transforming financial industry

Today’s financial industry is experiencing a significant shift due to the enhancing role of technology.

ASX admits first bitcoin ETF

This structure aims to give investors exposure to the price of Bitcoin, providing investors with a robust and transparent reflection of the crypto asset's value.

Bank of America: Younger Wealthy Investors Prefer Crypto Over Traditional Investments

The report highlights that younger affluent individuals are considerably more inclined to invest in cryptocurrencies compared to their older counterparts.

Harnessing the promise of AI for real-time compliance management

These practices aimed to aid firms in detecting and preventing compliance failures.

Ex-Goldman Sachs MD: AI will eliminate junior coders by 2028

Kwame Nyanning was global head of design for the firm's asset and wealth management division from 2022 to 2024, based in London.

ACTIVTRADES: On top once again

OpenAI will initially come away empty-handed financially from the partnership.

Enabling growth through the market-centric data layer

Innovation in such a tightly regulated and commoditized market hinges on exceptional customer experience.

Blockchain infrastructure platform Paxos to reportedly cut 20% of workforce

The move is expected to impact around 65 positions and will leave the stablecoin issuer with a workforce of between 200 and 300 people.

AI could speed up M&A deals by 50% — if approached carefully

The technology is already improving the speed and accuracy of research, including relevant deal precedents and buyer recommendations for pitches.

JPMorgan Issues Major Bitcoin Warning as BTC Price Plunges Below $67K

JPMorgan has underscored a significant shift in institutional investment patterns, emphasizing that not all inflows are genuinely fresh money from institutional investors.

Digital pound would not require new POS systems - BofE

In addition, the researchers found that it is technically feasible to implement offline payments functionality using existing POS terminals but that machines would require modification.

Social infrastructure platform boosts blockchain community engagement and growth

Blockchain projects struggle to convert passive followers into active participants and combat fake engagement.

Too Open to AI? GFT Advises Caution Against Banking Fraud

Currently, whilst fintechs and neobanks continue to release a range of AI innovations for consumers, banks have arguably been slower to adopt the technology.

Treasury Department AI chief encourages bank feedback on the technology

That report was based on interviews with roughly 50 financial sector participants, and now the department wants to hear from a range of financial institutions, including smaller banks that may lack the infrastructure to develop AI tools.

NatWest gives chatbot a generative AI upgrade

The more intelligent chatbot will will be able to access information from multiple secure sources in one place, including a variety of products, services and information about the bank.

Is Generative Artificial Intelligence the Key to Unlocking Personalization in Banking?

Banks that excel in this form of personalization are often rewarded with enhanced customer loyalty, satisfaction, and, ultimately, greater profitability.

Bitcoin, Blockchain & AI