Technology
AI in private banking: “big change” is coming
Artificial intelligence (AI) is coming into the world in a big way. Always an area of intrigue since sci fi…
Westpac to block cryptocurrency to prevent scam losses
Westpac has begun testing new customer protections for certain cryptocurrency payments to reduce scam losses. According to Westpac, investment scams…
Cybersecurity innovation: Leading companies in voice-based payer/payee authentication for the banking industry
The banking and payments industry continues to be a hotbed of innovation owing to ever-changing consumer expectations. The rapid technological…
Artificial intelligence innovation: Leading companies in virtual banking assistant for the banking industry
The banking and payments industry continues to be a hotbed of innovation owing to ever-changing consumer expectations. The rapid technological…
HSBC launches AI-powered equity index with AWS
HSBC has launched its HSBC AI Global Tactical Index, powered by Amazon Web Services (AWS). The HSBC AIGT Index was…
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NAB achieves a global first with a stablecoin transaction
National Australia Bank (NAB) has completed the first-ever cross-border stablecoin transfer by a major financial institution on a public layer…
Morgan Stanley Wealth Management taps OpenAI to create chatbot for advisors
Morgan Stanley Wealth Management (MSWM) has entered into a strategic agreement with artificial intelligence research and deployment lab OpenAI to…
Wealthtech outfit Masttro garners $43m funding to drive expansion
Masttro, a wealth tech company based in the US, has received a growth equity investment of $43m in a funding…
Schroders Personal Wealth taps Aveni platform to enhance compliance
Schroders Personal Wealth (SPW), a joint venture between Schroders and Lloyds Banking Group, has chosen AI fintech firm Aveni to…
Coinbase buys crypto asset manager One River Digital Asset Management
American cryptocurrency exchange Coinbase has purchased institutional digital-asset manager One River Digital Asset Management (ORDAM) to boost its presence in…