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FinTech

01/29/2025

Bridgewater predicts short-term tech stock correction amid DeepSeek disruption, but long-term AI gains

The launch contributed to a 17% drop in Nvidia’s stock on Monday, erasing $593bn in market value – the largest single-day loss for any company in history.

01/29/2025

CIBC wins Best Use of AI in Client Experience at the Customer Centricity World Series Awards

This is the fifth year of the ARCET Global Customer Centricity World Series Awards, and the first year to include the Best Use of AI in Client Experience category.

01/29/2025

CIBC wins Best Use of AI in Client Experience at the Customer Centricity World Series Awards

This is the fifth year of the ARCET Global Customer Centricity World Series Awards, and the first year to include the Best Use of AI in Client Experience category.

01/27/2025

Versabank Transfers Digital Deposit Receipt Assets

Corporate Realignment Supports Planned Divestiture of Cyber Security Businesses

01/24/2025

BlackRock CEO wants SEC to ‘rapidly approve’ tokenization of bonds, stocks: What it means for crypto

BlackRock CEO Larry Fink said he’s “a huge believer in crypto” and urged the SEC to “rapidly approve” asset tokenization. Is this a net positive for the crypto sector?

01/23/2025

AltaOne Partners with Marstone to Launch Seamless Digital Wealth Management Solution for Members

This collaboration will empower AltaOne members with personalized investment options

01/22/2025

Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street

The Goldman assistant is a "very simple interface that allows you to have access to the latest and greatest models.

01/22/2025

Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

American banks have largely avoided letting customers use crypto for retail transactions

01/21/2025

Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street

The bank has released a program called GS AI assistant to about 10,000 employees so far, with the goal that all the company’s knowledge workers will have it this year, Argenti told CNBC in an exclusive interview.

01/17/2025

Broadridge Enhances Multi-Asset Post Trade Processing with GenAI-Powered Analytics

The advanced analytics feature is instrumental to international firms navigating evolving regulatory and market dynamics.

01/15/2025

Applied Digital Agrees to Build a Partnership with Macquarie Asset Management for Funding of up to $5.0 Billion to Drive HPC Growth

The $5.0 Billion Investment Can Support Over 2 GW of HPC Data Center Development

01/13/2025

First American Bank joins InvestCloud to digitise Wealth Management

Currently operating on a technology stack with multiple systems, FAB recognised the need to provide its clients and advisors with a unified and modern platform.

01/13/2025

Goldman Sachs invests in Canadian fintech Float Financial

The round was led by Growth Equity at Goldman Sachs Alternatives, with participation from Omers Ventures, FJ Labs, Teralys and Garage Capital.

01/09/2025

The Opportunities And Challenges Of Harnessing AI And ML For Financial Risk Management

One significant issue is algorithmic bias, which can result in unfair decision-making

01/07/2025

Startup launches to help US community banks fight technological lag

The startup is backed by ex-Deputy PM of Kazakhstan Yerbol Orynbayev, offering strategic support and guidance as the firm’s President

01/06/2025

Why US Banks are Departing from Net Zero Banking Alliance

This group quickly drew in some of the world's banking giants, with a clear focus on integrating sustainable practices and staunchly promoting net zero objectives.

01/02/2025

Coinbase ramping up remote hiring in 2025, paying up to $340k salaries

The most senior role is an engineering leader for the Coinbase Developer Platform, which pays up to $340k in salary alone.

12/31/2024

IBN Technologies Steps Up to Support Small Businesses Following Bench Accounting's Sudden Shutdown

With their proven track record and tailored solutions, IBN Technologies ensures that businesses can maintain financial stability and focus on growth during this challenging time.

12/30/2024

Banks Adopt Behavioral Biometrics as CFPB Cracks Down on Digital Payment Fraud

Behavioral biometric systems analyze various aspects of user behavior for identity verification.

12/23/2024

Super funds slowly integrate AI, navigating regulatory challenges

As part of JP Morgan’s research, State Super CEO John Livanas emphasised the transformative impact of machine learning on the fund’s investment management and operations.

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