Core Insights - The wealth management industry is experiencing a shift towards automation, but there is a strong belief that human advisors will remain essential [2][3] - Nevis, a startup co-founded by Mark Swan, aims to enhance the operational efficiency of wealth advisors using AI, having secured $40 million in funding [2][5] - The U.S. wealth management sector is projected to face a shortage of 100,000 advisors by 2034, driven by increasing demand and a higher retirement rate than recruitment [5] Company Overview - Nevis was founded by former Revolut executives Mark Swan, Ivan Chalov, and Philipp Burda, with a mission to address the operational challenges faced by wealth advisors [4] - The company has attracted significant investment from notable firms such as Sequoia Capital, Iconiq, and Ribbit Capital, with a recent Series A funding round of $35 million at a valuation of $200 million [2][5] Industry Challenges - The wealth management industry is facing a crisis due to a projected shortage of advisors, which could hinder service delivery as demand for financial advice grows [5] - The current productivity levels in the industry are insufficient to meet the increasing demand for wealth management services [5] Technological Solutions - Nevis is developing software that automates routine tasks for wealth advisors, such as generating meeting summaries and drafting personalized emails, allowing advisors to focus on client relationships [6] - The company plans to expand its software capabilities to include more operational functions, such as opening custody accounts, by early next year [6]

Joining us this morning with some thoughts, Bob Griffeld, managing partner at Cornerstone Financial Technology Management, of course, former CEO of NASDAQ. Bob, good to see you again. Thanks for joining us.>> Glad to be here. >> Sounds like you think this is kind of Nvidia's moving up the stack a little bit. >> Exactly.When you think about him talking about CPUs versus GPUs, we understand that CPUs were commoditized. So basically, I would state that over time hardware consistently has been commoditized. So ...

Joining us this morning with some thoughts, Bob Griffeld, managing partner at Cornerstone Financial Technology Management, of course, former CEO of NASDAQ. Bob, good to see you again. Thanks for joining us.>> Glad to be here. >> Sounds like you think this is kind of Nvidia's moving up the stack a little bit. >> Exactly.When you think about him talking about CPUs versus GPUs, we understand that CPUs were commoditized. So basically, I would state that over time hardware consistently has been commoditized. So ...

London, United Kingdom, Dec. 01, 2025 (GLOBE NEWSWIRE) -- For years, artificial intelligence computing power has been the domain of large technology companies, top research labs, and institutions with massive data centers. Now, JDH AI (JDH WEALTH LTD), a UK-based fintech innovation company, has announced the upcoming launch of its AI-powered digital asset management platform. JDH AI aims to combine AI and blockchain technologies, marking a new chapter in smart finance—the fusion of AI automation, blockchain ...

We recently published 10 Stocks Racking Up Big Gains. Circle Internet Group (NYSE:CRCL) is one of the top performers of last week. Circle Internet extended gains for a second day on Friday, jumping 10.04 percent to close at $79.93 apiece, as investors resorted to bargain-hunting to take advantage of its cheap valuation. The rally followed the stock’s significant 37 percent drop in just one month from $126.98 on October 31. Notably, November saw Circle Internet Group’s (NYSE:CRCL) share price trade back ...

Core Insights - XYRA Corp. has secured a license agreement to accept and process digital assets in real time, including USDC stablecoin and major cryptocurrencies like Bitcoin, Ethereum, and Tether, with instant conversion to U.S. dollars or local fiat currencies [1][3] Group 1: Company Overview - XYRA Corp. is a subsidiary of Cavitation Technologies, Inc., focused on the crypto technologies market and holds an exclusive license for CTI's patented Cavitation Non-Thermal Plasma™ technology [5] - The company aims to capitalize on opportunities in cryptocurrency mining and data center immersion cooling markets [5] Group 2: Infrastructure and Technology - XYRA is developing proprietary infrastructure that enables instant settlements, global reach, and significantly lower fees compared to traditional banking, which typically incurs delays of 2-5 days and costs of 6-8% [2][3] - The newly secured infrastructure will allow XYRA to bring core functionality online faster while expanding its AI-driven, quantum-secure architecture [3] Group 3: Strategic Partnerships - XYRA has formed a strategic partnership with Bitcoin Bancorp, Inc. to integrate its payment and security infrastructure into Bitcoin Bancorp's licensed ATM network across North America [3][4] Group 4: Market Positioning - The company aims to enable merchants to accept crypto or stablecoin seamlessly without altering their existing workflow, providing instant settlements in fiat and supporting transactions in multiple currencies and digital assets [8]

ROBESONIA, Pa., Dec. 01, 2025 (GLOBE NEWSWIRE) -- BLAQclouds, Inc. (OTC: BCDS), a leading Web3 infrastructure company, today announced the official launch of ApolloCASH, a revolutionary zero-knowledge settlement protocol designed to connect global cash payment platforms with blockchain-based liquidity. ApolloCASH introduces a new financial standard built on its core architecture: Autonomous Protocol for One-Time Liquidity & Ledger Operations using CASH Rails ApolloCASH enables users across the world to ins ...

KUALA LUMPUR, Malaysia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced an ambitious projection of more than 500% revenue growth for 2026. This anticipated surge is supported by several key operational milestones achieved across its fintech and digital asset ecosystem. These strategic advancements, including the development of the OXI Wallet, the UNIRWA real-world asset (RWA) tokenization ...

San Jose, California-based PayPal Holdings, Inc. (PYPL) is a leading global fintech company that provides digital and mobile payment solutions enabling consumers and merchants to send, receive, and manage money across online and in-person channels. With a market cap of $58.7 billion, PayPal operates a broad payments ecosystem that includes services like Venmo, Braintree, Xoom, and Honey, supporting e-commerce, peer-to-peer transfers, and global transactions. Companies worth $10 billion or more are general ...

Core Viewpoint - Large-cap stocks like Amazon and Adyen are expected to outperform broader equities over the next decade due to their established market positions and growth potential [2]. Group 1: Amazon - Amazon is a leader in multiple markets including video streaming, music streaming, e-commerce, digital advertising, and cloud computing, showcasing impressive performance across these sectors [3]. - The digital ads segment is one of Amazon's fastest-growing areas, benefiting from high margins and strong traffic to its platform, which is expected to drive increased ad demand [4]. - Amazon Web Services (AWS) is a significant contributor to Amazon's operating profits and is poised for growth, particularly due to advancements in artificial intelligence [6]. - Amazon's healthcare initiatives, such as Amazon Pharmacy and Amazon One Medical, are gaining traction, leveraging its large Prime membership base of over 200 million [7]. - Despite its current market cap of $2.5 trillion, Amazon has substantial upside potential for long-term investors [8]. Group 2: Adyen - Adyen is a leading fintech company that provides an integrated platform for multinational corporations to process various payment methods, enhancing efficiency and risk management [9]. - The company has experienced solid revenue and earnings growth, with a 20% year-over-year revenue increase to €1.09 billion ($1.3 billion) in the first half of the year, and an EBITDA margin of 50% [12]. - Adyen is focusing on expanding its presence in markets like the U.S. and targeting large-format retail clients, which could provide significant growth opportunities [13][14]. - The company has established high switching costs and a strong brand within its niche, positioning it well for future performance [14].