Australians increasingly want their super to store crypto
[ad_1] A new survey of 2,609 adults across Australia, conducted by crypto exchange Swyftx and market research company YouGov, has revealed the current sentiment around cryptocurrency and how it is being used in Australia. According to the research, 4.2 million…
NAB Announces Stablecoin
[ad_1] Almost a year since ANZ announced the successful execution of the first-ever stablecoin payment issued by an Australian bank, another major bank has announced it is joining the future of finance. In a statement to InvestorDaily, Howard Silby, NAB’s…
ASIC will be tough on detecting cyber attacks
[ad_1] Disgraced software company GetSwift was ordered on Friday (17 February) to pay a $15 million fine, while its directors were also hit with hefty multi-million dollar fines and disqualified from running corporations for up to 15 years. The GetSwift…
The collapse of US banks fuels the debate about the future of crypto
[ad_1] Bitcoin jumped to its highest level in nine months after initially collapsing following the recent bankruptcy of US banks including Silicon Valley Bank (SVB), Signature Bank and Silvergate Capital. After trading around US$22,000 last week, the cryptocurrency fell below…
Superhero is expanding into New Zealand
[ad_1] Announcing the move on Tuesday, Superhero said New Zealand investors could now trade Australian and US-listed shares on the platform, while the ability to trade New Zealand shares was on the way. Superhero CEO and co-founder, John Winters, said:…
How generative AI can impact investment management
[ad_1] In an article written by Alvin Chia, senior vice president – head of digital asset innovation at Northern Trust, and Krishan Dave, head of investment risk and analytics services at Northern Trust, the two said that while ChatGPT and…
Big 4 banks caught in HWL Ebsworth hack
[ad_1] The four, made up of ANZ, Commonwealth Bank, National Australia Bank and Westpac, revealed themselves as customers of HWL Ebsworth, whose systems were breached in early May, leading to the theft of approximately 4 terabytes of data. Of the…
The fund manager uses ChatGPT technology to measure net zero equalization
[ad_1] Acadian Asset Management has unveiled a new AI-based tool that can be used to analyze company reports and predict the likelihood of a business meeting its sustainability goals. According to the global fund manager, the Acadian Net Zero Alignment…
ChatGPT can predict stock price movements, study finds
[ad_1] In an extensive study published earlier this year, researchers found that ChatGPT outperformed traditional sentiment analysis methods for accurately predicting stock movements. “Our results suggest that incorporating advanced language models into the investment decision-making process can lead to more…
An advanced media platform presented in support of Australia’s cyber sector
[ad_1] Cyber Security Connect, in partnership with Palo Alto Networks, has rebranded Cyber Daily in response to growing demand for news and information covering Australia’s wider cyber sector. Cyber Daily is part of Momentum Media’s suite of media brands and…