11/17/2023
AI is headed where the money is: asset management
More than $1.9 billion of funds pour into asset management as customers demand a "Netflix" of portfolio options
Bitcoin, Blockchain & AI
11/17/2023
JPMorgan Chase tops bank AI index
For the second year in a row, JPMorgan Chase is ranked first of 50 in the index, which assess firms on AI talent, innovation, leadership, transparency and outcomes.
11/17/2023
Citi develops blockchain FX product under Singapore's Project Guardian
A private permissioned instance of the Avalanche blockchain was used for the current phase to capture price quotes
11/17/2023
The global impact of AI on equality, diversity and inclusion in employment law
The technology can help identify problematic words and phrases and suggest more inclusive alternatives.
11/16/2023
JPMorgan partners with wealth managers and blockchain operators for proof-of-concept initiative
JPMorgan’s Onyx teamed up with wealth managers like Apollo and WisdomTree for the initiative.
11/16/2023
Major deals could signal emerging partnership between the arts and AI
The deal will provide a wealth of high quality data to OpenAI to allow it to further train its AI tools and improve its product.
11/15/2023
BoE and FCA publish proposals for UK stablecoin payment regime
Stablecoins are a form of digital assets that purport to maintain a stable value relative to a fiat currency by holding assets, which may be of variable value, as backing.
11/15/2023
Revolutionizing digital onboarding: AI’s role in saving banks $900m by 2028
This 30% decrease in time is attributed to AI’s enhanced accuracy
11/15/2023
Yellow Card is the first fintech in Africa to Launch PayPal USD
Crypto adoption in Africa is booming
11/14/2023
The Bitcoin millionaires are back
With this performance, the cryptocurrency has left other asset classes such as stocks, bonds and precious metals far behind.
11/14/2023
Banking Circle to explore tokenized deposits with Ant Group
Alongside the clear liquidity management benefits, the structure is Web3 compatible and provides further opportunities for cost-saving with FX and additional currencies to follow shortly.
11/13/2023
Entrepreneurs turning to AI
60% of respondents also claimed that access to banking and financial support was the most significant operational hurdle the business faced when starting up.
11/13/2023
AI will be transformative, but the human element is crucial
It was moderated by Ian Smith, insurance correspondent for the Financial Times, co-presenters of the event.
11/13/2023
Crypto in Malta – the way ahead
A consumer education campaign is to be launched
11/10/2023
Abu Dhabi’s Core42 sets new benchmark for Arabic LLM with Jais 30B
The homegrown large language model offers 160 per cent longer and more detailed answers in Arabic and a 233 per cent increase in English
11/10/2023
Wealthy UBS clients trade crypto ETFs in Hong Kong – report
In June, Hong Kong started to allow retail access to digital assets via just two regulated exchanges.
11/10/2023
B2B, B2C, BVI – Crypto in the Caribbean
Both choice of law and location for dispute resolution should force everyone to think ahead when it comes to doing crypto deals.
11/10/2023
JPM Coin launches programmable payments
On November 6, Siemens AG completed its first payment using the feature
11/09/2023
Binance: A Key Player in the Evolving Crypto Landscape
By the end of the year, they hope to obtain an FFP (Financial Facility Provider) licence, making their platform accessible to retail users as well.
11/09/2023
Ripple and Onafriq offer digit asset-enabled payments between Africa and rest of the world
Dare Okoudjou, CEO, Onafriq, says: “Our mission is to make borders matter less when it comes to payment within, to, and from Africa."