12/04/2017
How AI is rapidly changing the finance industry
As the financial industry becomes increasingly reliant on AI, it is affecting the stability of many jobs.
FinTech
12/04/2017
The First Cryptocurrency and Hedge Fund Backed by Gold and Diamonds Created by Joe Spinoso of Rabbit Investment, LLC
Rabbit Investment, LLC announces the first gold and diamond asset backed cryptocurrency and hedge fund in progress. This means every cryptocurrency coin purchase will have 110% backing by real hard assets of gold and diamonds held in a USA located vault.
12/04/2017
Brazil's first online bank ramps up innovation
A year after launching its API platform, Banco Original is driving new initiatives related to artificial intelligence and data analytics
12/04/2017
Morgan Stanley launches robo-advisor
It carries an investment minimum of US$5,000, and charges an advisory fee of 0.35% on assets under management.
12/04/2017
Worldsource Financial Management selects Broadridge's Wealth Management Platform
Worldsource has built strong, strategic partnerships with entrepreneurial advisors, planning firms and financial institutions across Canada since 1989
12/03/2017
Expanded private funds statistics include proprietary information
This is the first time the SEC expanded the statistical scope of Form PF. Unlike Form ADV, a public form required from private funds, Form PF goes into detail on proprietary information.
12/03/2017
As Bitcoin Tops $11,000, Hedge Fund Leader Ken Griffin Joins the Bubble Brigade
Financial institutions and big corporations are experimenting with blockchain technology to improve global payments and supply chain management.
11/29/2017
Stephens Investment Management Group picks SEI middle office platform
SEI's platform offers Stephens a holistic view of their business with an operating infrastructure that incorporates leading-edge technologies, innovative workflows, document management capabilities, and customizations.
11/28/2017
Fund giant Invesco Canada finds way into robo-adviser space
The majority of robo-advisers recommend portfolios that are predominately made up of individual ETFs.
11/28/2017
Banks’ Desire for Integrated and Consistent View of Data - RESEARCH
The remaining 83% said that were planning to work on achieving suitably robust systems and procedures in light of mounting global regulatory challenges.
11/22/2017
BMO Financial Group injects $2m into Montreal AI lab
This year’s programme runs until June 2018.
11/21/2017
SS&C GlobeOp Forward Redemption Indicator: November notifications 3.91%
Indicator data is based on actual investor redemption notifications received.
11/21/2017
Zuckerberg’s Wealth Manager Wants to Be a Buyout Shop
Shift in strategy by Iconiq Capital raises the specter of possible conflicts with some of its clients
11/19/2017
Swarm Fund announces results of public token sale and appoints new CEO
The first tranche became liquid immediately after the vote on November 6, 2017, at which point one-fourth of each member’s tokens became transferable.
11/19/2017
Tech 360 at Penn State Great Valley focuses on cyber security
The cyber crime issue, he noted, is a people problem, not a tech problem.
11/19/2017
Digital Guardian And Jabil Partner For Cloud-Delivered Cybersecurity
The majority of our assets and our secret sauce is in Jabil’s operations,” says Graham, giving examples such as Jabil’s process for buying raw materials, the nature of its supply chain, and where it gains profit margins.
11/15/2017
Five opportunities and challenges in digital lending
We have to transform the experience.
11/14/2017
BNY Mellon Makes Forty-Year Leap into the Future of Payments
It supports complex digital commerce services with integrated messaging that allows issuing and paying of e-invoices, e-bills, and requests for payment. It provides rich remittance data, confirmation of delivery, and requests for information or return of
11/14/2017
New Cyber Alert(SM) App Provides Chubb's Cyber Policyholders with Cyber Incident Response and Resources
Being ready to respond and immediately engaging your incident response team can make all the difference in mitigating losses associated with a cyber incident.
11/13/2017
Brazilian banks lead in artificial intelligence planning
The number of institutions that see AI as important to their strategies is higher than other countries - but number of real case studies is still small.