Managers of Wealth Fintech

Bitcoin Registers Biggest Single-Day Loss Since FTX's Collapse

Spot BTC ETFs witnessed record outflows on Tuesday, provisional data from Farside show.

Saudi Arabia plans $40B AI investment fund overseen by a16z: Report

If the $40 billion fund goes ahead, it would make Saudi Arabia the largest investor in the AI space.

Wealth managers remain cautious on crypto

Bitcoin is now regulated for some cryptocurrency activities.

The future of financial planning lies in AI and Blockchain

AI and blockchain could assist in decisions involving investments, taxes and insurance, and open new avenues for income. But financial advisors will still play a key role.

UAE Crypto Investors Saw 5x More the Total Gains Than the Global Community According to Chainalysis

None of the other GCC countries placed among Chainalysis’ list of top 50 countries globally.

KPMG and Databricks join forces to revolutionise AI innovation in the UK

This collaboration is set to enhance the capabilities of KPMG’s clients, allowing them to harness their data more effectively and innovate at an unprecedented pace.

Trump: Bitcoin has taken on ‘a life of its own,’ will probably need some regulation

Former U.S. president and Republican front-runner Donald Trump said bitcoin (BTC) has “taken a life of its own” and will probably need some regulation.

LHV Bank to offer ChatGPT to all employees

Under the deal, LHV Bank employees will benefit from improved interaction quality, greater customisation options and advanced data handling.

‘AI-powered’ ad ignites creator controversy on Instagram

This piece combines Ai video, Ai photo, 3D CGI, 2D VFX, Motion graphics, 35mm film, digital video and advances in Ai voiceover.

Wealth managers prefer generalist approach to technology exposure

The most held fund is Axa’s Global Technology fund, which appears in the portfolios of two of the allocators we cover.

Ripple XRP becomes best-performing Cryptocurrency in Top 100

Open interest for XRP, which indicates the total number of outstanding derivative contracts, also saw a notable increase of 30.44%, standing at $1.06 billion.

ERV Nordic chooses Simplifai to automate their claims management

The decision was primarily influenced by Simplifai’s ability to swiftly bring ERV Nordic’s offerings to the market, alongside the platform’s future-proof design, which includes features such as InsuranceGPT.

Beware of Bitcoin's 'Rising Wedge,' Chart Analyst Says

"Normally rising wedges resolve bearish," crypto analyst and trader Josh Olszewicz told CoinDesk.

How to avoid failure when implementing GenAI

The key advantage lies in the bot’s ability to autonomously navigate the ERP ecosystem, accessing relevant data and executing tasks as instructed.

Bitcoin Tentative, Asian Stocks Slide on BOJ Rate Hike Talks

The BOJ has long been seen as a major source of uncertainty for financial markets, including cryptocurrencies.

AI in banking could yield $1 trillion revenue improvements

Following the abject disappointments of the cryptocurrency, NFT and metaverse bubbles before it, it might not be hard to see why critics are increasingly asking questions of AI’s potential.

The women in AI making a difference

TechCrunch highlights notable women in the field of AI

Maples Group Advances AI Strategy with Global Rollout of Harvey AI Partnership

Harvey, a secure generative AI platform for sophisticated professional services, has earned the trust of leading international law firms

CBA and Microsoft deepen Gen AI partnership

Through our ongoing partnership, we’ll be able to deliver technology that will allow customers to interact with CBA seamlessly

AI tokens are more hype than value right now, says Coinbase analyst

In addition, most projects in the niche have failed to attract investors — resulting in under-indexed capital allocation.

Bitcoin, Blockchain & AI