22 November 2023
22 November 2023
Lunate, based in Abu Dhabi, and BNY Mellon are launching a wealth technology company.
2plan Wealth Management has announced a protection referral partnership with LifeSearch.
Fund services provider Hawksford has agreed to acquire Paradigm Governance Partners, a Cayman Islands and US-based specialist governance and fund services firm.
Fineqia has invested in Criptonite, a Swiss digital asset management company.
Wafik Ben Mansour is named acting CEO by SHUAA.
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The metaverse can potentially address challenges banks face, particularly around ESG, financial inclusion, and demographics. However, banks investing in the metaverse will face a range of complexities, many of which they already face in the physical world, like cybersecurity. As the metaverse matures, it will serve more to create new revenue streams for banks instead of addressing challenges.
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