Technology

Artificial intelligence is moving deeper into the operational processes that support capital markets. Much of the attention around AI in finance has focused on trading, investment research and customer-facing applications, but another shift is taking place behind the trade....

Singapore will deploy S$220 million ($172.83 million) over three years to strengthen its fintech ecosystem and support fintech innovation and technology adoption across the financial sector. The commitment comes under the fourth edition of the Financial Sector Technology and Innovation...

Vanguard has entered into a definitive agreement to acquire Altruist, an AI-forward wealth technology and custody platform that serves independent financial advisers. The Altruist Acquisition represents a significant move by Vanguard to deepen its presence across the adviser technology...

Blue Owl-managed funds have led $2.4 billion in AI Factory Financing for IREN, providing capital for the purchase of NVIDIA Accelerated Computing Infrastructure for the Mackenzie data centre campus in British Columbia, Canada. The AI Factory Financing consists of a...

The European Central Bank is advancing plans for an integrated European tokenised finance market, with central bank money positioned as the settlement anchor for tokenised financial assets across the continent. ECB Executive Board member Piero Cipollone has outlined the institution's...

Tokenized Deposits have moved a step closer to broader institutional use after HSBC and Standard Chartered completed what the banks described as the first bank-to-bank transaction of its kind via SWIFT's digital blockchain-backed ledger. The banks reported the completion...

Creatio and Bayanat have entered a partnership aimed at helping financial institutions across the MENA region automate customer operations and banking workflows using AI and no-code technology. The collaboration brings together Creatio's AI-native CRM and workflow platform with Bayanat's...