Managers of Wealth Americas

Keeping digital assets on the menu in banking

Banking leaders are exploring the ability of these technologies to deliver valuable services to customers and also use them in their own processes.

Crypto to bank made easy: Binance’s ‘Send Cash’ shakes up Latin America

The platform aims to reduce both the time and cost associated with digital transfers, leveraging Binance Pay’s crypto payment technology and the services of licensed transfer processing providers.

Cyber risk expected to be higher as mutual banks continue embracing technology

Cyber criminals may opt to target smaller mutual banks instead of larger banks with stronger defences

JPMorgan boosts its stake in Brazilian FinTech C6 Bank to 46%

This growth was coupled with an introduction of various financial products to their portfolio, notably including auto loans.

BofA Launches Global Digital Disbursements in Canada via Interac e-Transfer

Alias Solution Supports Business-to-Consumer (B2C) Payments and Consumer-to-Business (C2B) Request for Payments

Coinbase in Talks with Canadian Banking Giants to Promote Crypto

Coinbase’s move comes as Canada has emerged as a leader in the global crypto space, with several regulatory approvals and innovations in the sector.

US Treasury sets out crypto tax reporting proposal

The rules would cover crypto such as Bitcoin and Ether, as well as NFTs.

Ex-Goldman Executive Predicts Crypto Hits $10,000,000,000,000 Valuation After Family Offices and Institutions Arrive

Pal believes that institutional investment in crypto will be large enough to drive the total market cap of digital assets to more than $10 trillion, more than triple its $3 trillion market cap peak in 2021.

Ramp raises $300m in series D funding, valuation plunges by 28%

Financing co-led by Thrive Capital and Sands Capital, with participation from General Catalyst, Founders Fund, and other existing investors

Do You Have Blind Faith In Your External Partners?

Companies are implementing these new technologies at an incredibly fast pace to be competitive, potentially affecting security in the process.

Billionaire investor Mark Cuban warns 99% of Crypto assets will fail, says ‘winners will be game changers’

Cuban says he has spent his whole career founding companies that people viewed as unnecessary until they started relying on them.

Canadian fintech invest plummets

Crypto and blockchain firms accounted for 15 investments, with seven AI companies picking up funds and six payments outfits also securing money.

Coinbase lands approval to list crypto futures across USA

The approval is regulatory win for Coinbase, following the company’s public battle with SEC.

The "Digital Wallet Race" Intensifies as Banks and Fintechs Around the World Invest in Insurance: Chubb Survey

Respondents represented all age groups, levels of education, and professional status.

How wealthtech partnership has been a 'constant evolution'

Fintech provider and wealth firm leaders share how collaboration has improved client-advisor relationships

Bank of Canada paper casts doubt on CBDC value

Nearly all - 98% - of Canadian adults have a bank account, while 87% have a credit card and internet access is high.

EY announces strategic alliance with SymphonyAI

This strategic relationship brings enterprises predictive and generative AI software implementation at scale to improve efficiency and business performance.

Brazil’s Congress moves to levy higher taxes on cryptocurrencies

If approved, the legislation would make crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets.

Sam Bankman-Fried sent to jail after bail revoked

The ‘king of crypto’ has been accused of witness tampering and will now wait for his trial behind bars.

Revolut prioritises financial inclusion in expansion into LATAM

Current users in Chile have transferred £1.2 million, with an average transaction amount of £800.