10/02/2024
How AI is streamlining short-term disability management and reducing costs
Simply Insurance noted that around 40% of short-term disability claims are denied due to incomplete or incorrect applications
Bitcoin, Blockchain & AI
10/02/2024
Boerse Stuttgart uses blockchain to slash settlement times
The partners tested a large number of transactions with five tokenised securities - including bonds, funds, and a share.
10/02/2024
Robinhood introduces crypto transfers in Europe
Crypto transfers in Europe is just one of the many benefits Robinhood Crypto offers.
10/02/2024
AI set to revolutionise wealth management operations - survey
AI also appeals to investors by promising constant connectivity, ease-of-use, cross-device access and lower costs.
10/02/2024
Blockchain pilot successfully tokenises bonds and gold
The aim was to demonstrate how tokenised assets on a blockchain can enhance collateral mobility, improve liquidity, and increase transactional efficiency.
10/02/2024
AI adoption doubles in UK banking sector
The survey featured 100 'senior decision-makers' among banks, wealth managers, insurers and financial sponsors.
10/01/2024
Matrixport Expands Footprint in Europe with Acquisition of Swiss-based Crypto Finance Asset Management
FINMA-supervised unit renamed Matrixport Asset Management AG
10/01/2024
All in on Gen AI: From discovery to delivery with Google Cloud Platform
Gen AI is full of promise but, as the technology and use cases evolve very fast and often shift direction, marketing efforts tend to amplify its complexity by overblowing it.
09/30/2024
Blackstone to build £10bn AI data centre in UK
Private equity giant Blackstone has confirmed a £10 billion investment in an AI data centre in the North East of England, creating around 4000 jobs.
09/30/2024
Siam Commercial Bank teams up with Databricks for data, AI transformation
It is expected to help SCB personalise and manage AI services for its customers.
09/30/2024
How AI could entrench the big four banks' dominance in Australia
Long encumbered by outdated legacy systems, Australia’s big banks are increasingly leaning on artificial intelligence to entrench their market positions.
09/30/2024
Crypto Finance sharpens strategic focus on its core business in Switzerland and Europe and announces the sale of its Asset Management entity to Matrixport
Going forward, CFAM will operate under the name Matrixport Asset Management AG.
09/30/2024
Technological battlegrounds and geopolitical bargaining chips
Crucially, advanced graphic processing unit (GPU) chips are needed to process the data and computations behind AI.
09/27/2024
Justt & Ravelin partner on fraud prevention & chargeback management
“We are excited to partner with Ravelin to tackle the growing problem of illegitimate chargebacks"
09/27/2024
Binance to launch pre-market spot trading
Pre-market trading lets users take an early position before a token’s spot market listing, allowing the community to express their market sentiment of a particular token project.
09/27/2024
Americans lost $5.6b to cryptocurrency fraud in 2023, reveals FBI
The report details various schemes criminals utilise, including tech support scams, romance scams, and government impersonation frauds.
09/26/2024
Caroline Ellison gets two-year prison sentence for part in FTX fraud
Ellison ran Alameda Research, Bankman-Fried's crypto hedge fund, which was central to the FTX fraud.
09/26/2024
PayPal lets US business accounts buy and sell crypto
At launch, this functionality for Business Accounts will not be available in New York State.
09/26/2024
Firms struggling to find RoI for AI projects
A quarter (24%) are acheiving cost reductions through greater operational efficiency while 11% have experienced revenue growth while 12% have experienced both.
09/26/2024
Bitcoin traders brace for US macro data, Fed as BTC price bounces 2%
BTC price downside fails to disrupt a resurgent Bitcoin mood on a day of US GDP data, unemployment figures and Federal Reserve speeches.