Managers of Wealth Fintech

Lloyds to use AI to automate trade finance checks

The system will also automate compliance and money laundering checks in line with International Chamber of Commerce Rules for Documentary Credits and Collections.

AI enthusiasm tempering in global businesses

Regulatory gaps and lack of internal governance models for AI are continued concerns, with at least two-fifths of respondents saying internal audits on Gen AI tools are regularly carried out.

Lloyds and Cleareye.ai forge AI-centric trade finance alliance

Lloyds Bank has partnered with Cleareye.ai to boost trade finance through AI technologies like OCR, machine learning, and NLP.

BlackRock Investors Are Holding Firm To Their Bitcoin And This Ethereum Token Despite Market Dip

These investors are confident that Bitcoin (BTC) will recover and soar in the long run.

OpenAI latest funding tempts 3 most valuable technology companies

Investment round will value the ChatGPT maker at more than $100 bn

Banks’ use of AI speeds up transactions

And AI quickly detects suspicious transactions and warns customers.

Chiliz blockchain and ‘Google of South Korea’ partner on crypto wallet

South Korean internet search giant Naver is launching a non-custodial crypto wallet, adding the Chiliz blockchain as its first.

Goldman, Nomura tap Meta Llama AI models

Goldman Sachs and Nomura are among the companies using Meta's Llama open source artificial intelligence models.

45% of boomers now prefer Bitcoin over gold

The growing adoption by institutional investors and integration into the regulated financial system have significantly driven this shift.

Intellect & Wipro to deliver banking technology services globally

This partnership focuses on using data and AI to help organisations stay competitive and agile in a rapidly changing industry.

Unlimit & Alchemy Pay to streamline global Fiat-to-Crypto purchases

Our partnership with Unlimit will provide massive benefits to end users

Stripe taps AI for cross-border commerce in Asia

Businesses can also run no-code A/B tests for payment methods—an industry first, available only on Stripe.

Crypto.com adds PayPal payment method

This feature will soon be available in additional markets beyond the U.S.

How AI Can Transform Wealth Management Contact Centres

Against this backdrop, managers must reconcile inbound calls and staff rotas to ensure key call centre metrics, such as customer satisfaction targets, Average Handling Times (AHT) and abandonment rates are met.

Asset tokenisation and initial coin/token offerings guidance published by JFSC

The guidance is principles-based, allowing its application to a wide array of tokenised products, including equities, units in a fund, and bonds.

Jersey Finance Welcomes Tokenisation of Real World Asset Guidance as Evidence of Jersey’s Maturity as a Virtual Asset Jurisdiction

Recognising the innovative potential of blockchain technology, the new guidance seeks to promote Jersey’s competitiveness as an international finance centre (IFC) by clarifying the JFSC’s regulatory expectations in relation to this technology.

Bitcoin, Blockchain & AI