Managers of Wealth Fintech

BBVA runs GenAI 'DataRally'

At the end of each checkpoint, the participants received feedback on what kind of prompts or commands they should have entered in order to successfully complete the challenge.

ECB issues digital euro vendor call

The ECB will invite the highest ranked respondents to submit offers in a subsequent Invitation to Tender.

Microsoft announces AI key on Windows 11 PCs

The new keyboards are expected to be on new products from February.

Carey Olsen's Steven Rees Davies recognised as leading FinTech and blockchain practitioner

Carey Olsen Bermuda Limited partner Steven Rees Davies has been recognised as one of Bermuda's leading practitioners in FinTech and blockchain by Who's Who Legal.

Blockchain Piracy: North Korea's Lazarus Group Plunders Millions

Almost a fifth of the losses are attributed to the North Korea-linked hacker group Lazarus.

Bitcoin Slumps as $400M Liquidated in Two Hours

Financial services company Matrixport said it expects the SEC to reject all ETFs applications this month.

Will 2024 be the Year Tokenized Securities Kick off?

Nevertheless, some of the world’s largest banks launched their own digital securities initiatives in 2023, setting the stage for wider adoption in the year ahead.

Bitcoin tops $45,000 for the first time since April 2022 as wild crypto rally continues

Other cryptocurrencies have also joined in the rally, with ether and solana both rising.

Will generative AI crack the code for bank tech teams?

Banks could roll out tools to help translate old – or write new – code within months

Telecom CEOs call for advancements in AI, digital innovation

SK Telecom solidified its foothold in AI last year

Southeast Asia Could Lead GenAI Race in Banking

In 2024, one closely watched area across sectors will be the deployment of generative artificial intelligence (GenAI) and its effect on various operations.

Bank Indonesia to use blockchain technology for digital rupiah trial in 2024

BI is currently working with large-scale financial institutions for the trial phase to gather their input and feedback.

HSBC funds digital identity fintech; Mastercard expands carbon gauge

That could provide the financial services industry a look at how gen AI can be used to improve customer engagement.

'Smart Money' is Record Long on BTC Ahead of Expected Bitcoin ETF

Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by MacroMicro show.

Japan's Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains

Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry's development, which it sees as a pillar of economic reform.

Searches for ‘AI’ on Google smashes Bitcoin and crypto this year

The launch of ChatGPT in November last year has seen a continued increase in searches for “AI” on Google, much more so than crypto-related terms.

How AI can enhance KYC offerings

Frunza emphasised the ability of automation for simple name matching, such as the names and data of birth

Robo-advisers growing rapidly but clients still need that human touch

Robo-advisers, which use algorithms to develop tailored investment strategies that match an individual’s financial goals, risk tolerance and investing preferences, continue to disrupt the investment management industry.

Crypto users to reach almost one billion in 2024, analysts predict

Bitfinex analysts said the number of users could jump to between 850 and 950 million in 2024 if bullish market conditions continue.

Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say

The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.

Bitcoin, Blockchain & AI