Managers of Wealth Fintech

Google Cloud launches AI-powered AML tech

Google Cloud's answer provides a consolidated machine learning-generated customer risk score as an alternative to rules-based transaction alerting.

9 AI-powered tools for empowering CFOs unveiled at Health Magazine round table

The event showcased AI technologies for automating CFO tasks

Schroders announces blockchain digital asset project with Singapore's monetary authority

Schroders says MAS's Project Guardian aims to support global efforts in testing the feasibility of tokenised assets while “managing risks to financial stability and integrity”.

Lloyds places £2m bet on AI-powered B2B fintech Fennech

The £2m investment marks the latest of several investments the bank has made in startups including investments in Bink and Caura.

Blockchain platform issues first digital green bond

The platform’s green credentials are further enhanced by a validation logic that promotes low energy consumption and a rewards system that encourages affiliated banks to improve their carbon footprint.

Credit Agricole’s CACEIS registers in France as crypto custody services provider

France has been supportive of the nascent industry and was the first major European country to grant registration to the world’s biggest cryptocurrency exchange, Binance.

Italian banks launch CBDC pilot project

It is not the first digital assets pilot to involve the ABI.

Should asset managers be afraid of artificial intelligence?

The whole thing has become a joyful cacophony, alternating between utopian dreams and more or less orchestrated catastrophic gloom.

US asset managers apply to SEC for bitcoin ETFs

The SEC maintains that digital assets should be treated the same way as conventional securities and subject to the same rules.

Elder Crypto Scams Are on the Rise

Five red flags for practitioners to look out for.

Binance cancels UK registration

The cancellation of the UK registration comes as Binance faces increasing attention from US regulators.

Macquarie takes an ‘AI-first approach’ in banking

“We do need regulation, and we do need guardrails,” Mr Ward said.

DIFC's AI and Web3.0 hub aims to attract 500 startups, create more than 3,000 jobs

New initiative by the Dubai International Financial Centre will be the largest cluster of AI and tech companies in the MENA region

Mizuho trials Fujitsu generative AI tech

To strengthen work process resilience, the partners plan to apply generative AI technologies to work processes and tasks including the generation of source code, system development, and maintenance.

Nayms launches insurance programme on Ethereum network

This expanded capacity empowers insurers to offer more comprehensive coverage, meet growing demand, and address emerging risks effectively.

Deutsche Bank applies for digital asset licence

Bafin has also issued licences to crypto-native custodians such as BitPanda which received its approval back in November.

Majority of consumers trust generative AI for financial planning

The awareness of generative AI amongst consumers globally is remarkable

Follow the trends: Bitcoin is on the path to becoming the money of the future

Bitcoin is seen by many as a sound store of value, independent from governments and banks, providing an attractive alternative to traditional financial investments.

McKinsey report finds generative AI could add up to $4.4 trillion a year to the global economy

To construct the report, McKinsey’s analysts examined 850 occupations and 2,100 detailed work activities across 47 countries, representing more than 80% of the global workforce.

Cryptocurrency and Blockchain Technology: The Future of Global Banking

While the digital currency was initially viewed as a threat to traditional banking, the two have since found ways to coexist, with some banks even embracing it as a valuable asset.

Bitcoin, Blockchain & AI