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“Sales Skills Are Really on the Rise”: Harrington Star’s Nadia Edwards-Dashti
- Edwards-Dashti, Chief Customer Officer at Harrington Star, spoke to Finance Magnates at FMLS:24, highlighting trends in recruitment, AI, and fraud in payments.
- Watch the full interview in the video inside the article.
Monday, 23/12/2024 | 10:46 GMT by
Arnab Shome
Middle East Banking Giant Taps Wall Street Tech for Securities Revolution
- First Abu Dhabi Bank partners with Broadridge to expand its securities lending capabilities in MENA.
- The collaboration aims to enhance global fixed-income and equities market coverage while adhering to regional regulations.
Wednesday, 11/12/2024 | 07:56 GMT by
Damian Chmiel
AI in Trading Must Comply with Commodity Laws, CFTC Warns
- The regulator has urged market participants to adopt AI responsibly and comply with existing laws, such as the Commodity Exchange Act.
- AI's potential in derivatives markets includes predicting trades and improving cybersecurity.
Thursday, 05/12/2024 | 21:17 GMT by
Jared Kirui
AI Adoption in Fintech: “70% of Finance Professionals Utilize Automation for CV Screening”
- In 2024, fintechs embraced AI for talent sourcing, application management, and first-stage interviews.
- Tips and tricks: How can you attract talent in today’s competitive market?
Tuesday, 03/12/2024 | 16:09 GMT by
Reece Pawsey
Elon Musk Moves to Court to Block OpenAI’s Full For-Profit Transition
- Musk’s legal team claims that OpenAI's new business model harms competition.
- The legal dispute is intensifying as the AI market is reportedly projected to exceed $1 trillion in revenue.
Monday, 02/12/2024 | 14:55 GMT by
Jared Kirui
The Rise of Generative AI-Powered Doppelgangers
- The applications of human digital twins may outweigh such concerns.
Wednesday, 20/11/2024 | 14:43 GMT by
FM
Prop Trading Gains AI Integration with Swiset’s Acquisition of PFT
- The acquisition creates a system that supports traders at all levels of experience.
- Prop firms now have access to a solution with improved decision-making, risk management, and AI analytics.
Thursday, 07/11/2024 | 12:13 GMT by
Tareq Sikder
Devexperts Adds AI Driven Support Tools to Devexa for Wealth Managers
- The updated Devexa offers performance charts, asset allocation views, and real-time tracking.
- New tools integrate with platforms like WhatsApp and Discord, giving clients access to portfolio data.
Thursday, 31/10/2024 | 10:05 GMT by
Tareq Sikder
Disrupting a $206B Industry: Can AI Turn Regulatory Challenges into Competitive Advantage?
- The current cost of compliance for financial services worldwide is a staggering US$206 billion, equivalent to 12% of global research and development expenditures.
- Many AI-based platforms cover the entire compliance lifecycle - from policy setting to enforcement, correction, and audit.
Monday, 28/10/2024 | 11:54 GMT by
Nitzan Boyarsky
AI Is Exciting, but Not for Your Portfolio: Insights from Retail Investors
- Public.com's research showed that the Federal Reserve's actions significantly influence investor sentiment.
- Interestingly, the upcoming US elections appear to have little influence on retail investors' strategies.
Friday, 11/10/2024 | 18:34 GMT by
Jared Kirui
SEC Charges Firm for “AI Washing” in Investment Scheme
- The securities watchdog accused Rimar Capital of raising nearly $4 million by misrepresenting an AI trading platform.
- It also alleged misleading statements about the company's assets under management and investment returns.
Thursday, 10/10/2024 | 16:01 GMT by
Jared Kirui
AI – Claude, Quillbot, Question.AI and Suno … ChatGPT Better Watch Out
- ChatGPT, QuillBot, and Suno AI are shaping the future of technology.
- Billionaires are cashing in on AI, with names like Zuckerberg and Huang leading the pack.
- Tools like Question.AI and Claude are making waves in AI, showcasing rapid evolution.
Monday, 07/10/2024 | 09:58 GMT by
Louis Parks
38% of Payment Advisors Believe AI Will “Decrease Need for Business Analysts”: Report
- SEPA Regulation requires payments to be processed in under 10 seconds, driving infrastructure upgrades.
- US is more optimistic about AI reducing headcount, with 42% expecting it versus 34% in the EU, according to RedCompass Labs.
Tuesday, 17/09/2024 | 13:39 GMT by
Tareq Sikder
Amega Integrates Acuity's AnalysisIQ, Bets on AI-Driven Insights
- The collaboration aims to provide traders with advanced market signals and strategies to enhance decision-making.
- “The integration of AnalysisIQ is one of the best integrations we have seen a client perform,” commented Acuity's CEO.
Thursday, 12/09/2024 | 07:19 GMT by
Damian Chmiel
Groundbreaking AI Treaty to be Signed by US, Britain, and European Union: Report
- This treaty aims to balance the risks of AI with the promotion of responsible innovation and the protection of human rights.
- The AI Convention differs from the EU's AI Act in that it applies to a broader group of countries and emphasizes human rights.
Thursday, 05/09/2024 | 18:17 GMT by
Jared Kirui
Nvidia Stock Dips Despite Earnings Surge—Are Investors Ever Happy?
- Nvidia's recent earnings report exceeded expectations, but investors remain unimpressed.
- Despite record revenue from AI and data centers, Nvidia's stock slumped.
- Stellar earnings weren’t enough to satisfy investors, who are demanding perfection.
Monday, 02/09/2024 | 07:03 GMT by
Louis Parks
Hedge Funds Betting on AI: Generative Tech Steers Rate Cut Strategies
- Despite historically thriving in high-interest environments, hedge funds are adjusting strategies due to expected lower rates.
- Lower interest rates challenge hedge funds like post-2008. Generative AI could offer a competitive edge.
Thursday, 15/08/2024 | 10:26 GMT by
Dmytro Spilka
Regulators’ Future Directions for AI: Potential Conflicts of Interest
- FINRA warns of AI as an emerging risk, stressing the need for thorough review of AI-generated content.
- SEC targets ‘AI-washing,’ addressing firms that exaggerate AI use to mislead investors.
Monday, 12/08/2024 | 10:58 GMT by
Harriet Christie
Equinix's 86-Quarter Growth Streak Accelerates as AI Wave Drives Record-Breaking Results
- The company reported strong Q2 results with 7% revenue growth and raised its full-year guidance.
- It is expanding globally to meet surging demand for digital infrastructure and AI-related services.
Thursday, 08/08/2024 | 06:24 GMT by
Damian Chmiel
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