Valens Bank Teams Up with AI Powered Blocktrade Technology

Valens Bank Teams Up with AI Powered Blocktrade Technology

AI technology is being incorporated into Valens Bank Crypto Trading Fund.

Valens Bank, a startup offshore private bank whose offerings range from multi-currency bank accounts to cryptocurrency wallets, is teaming up with Blocktrade Technology (BTT). The bank will utilize the BTT Crypto Trading Toolbox. This toolbox is automated by artificial intelligence programmed to perceive value and sift through the fraudulent and the useless. BTT claims this enhanced trading will maximize returns. It is designed solely for the bank’s Crypto Trading Fund.

Valens Bank and BTT are presently structuring back-end focus. The product will be available for Valens Bank clients in September.

BTT is a subsidiary of Stockholm IT Ventures AB. Valens bank is based in Germany.

Related news

Rhys Powell Appointed UK Managing Director to Oversee’s Expansion

Rhys Powell, UK Managing Director, the AI company optimising customer interactions, has announced the appointment of Rhys Powell as UK Managing Director. Rhys will head up’s activities as it enters the UK market and looks to rapidly scale up its operations from its newly opened UK office.’s virtual assistants optimise customer interactions through sentiment analysis and 24/7 availability, giving people the instant answers that they need, on demand. As a result, bots are able to take pressure off human employees and allow them to focus on the services that deliver the greatest value. Rhys brings 13 years’ commercial experience to the role and will be key in achieving’s mission to democratise AI and ensure that financial services and healthcare businesses of all sizes are able to harness its potential. From a healthcare start-up background, as Group Commercial Director Rhys led the growth of 6PM, both pre- and post-acquisition, before moving on to become Head of Sales at Idox plc, a leading supplier of specialist software, services and content to the public sector.  Dr. Gege Gatt, CEO at, comments: “Rhys brings a wealth of commercial and technical experience to his new role, and we’re delighted to have him on board. helps companies of all sizes to realise the potential of AI and create new business capabilities to achieve unprecedented growth and profitability. Rhys will be pivotal in ensuring our bots transform customer-business interactions in the UK and will be key in encouraging the adoption of AI in every business.” Rhys Powell, UK Managing Director at, comments:   “We are currently at an exciting time in the deployment of technology and AI, and’s mission to ensure that businesses realise the potential of AI is one that I fully embrace. The world of customer service, lead management, and sales is constantly changing, and with unprecedented demand for instant communication between businesses and their customers, it’s vital that companies optimise customer service across multiple channels. Fortunately, virtual assistants can offer the perfect solution. “From our UK office, we operate in both the banking and healthcare sectors, where there is a clear need for intelligent automation, as well as the real-time management of customers. We’re helping companies augment their human workers and generate greater business returns, and I look forward to bringing the benefits of AI to the wider market.” The post Rhys Powell Appointed UK Managing Director to Oversee’s Expansion appeared first on The Fintech Times.
The Fintech Times

STO Battle At The Malta AI & Blockchain Summit

The Malta AI & Blockchain Summit (AIBC) has announced a stellar show for 2019. The highly anticipated show is expected to follow the monumental success of the November summit in 2018, which brought W. Scott Stornetta, John McAfee, the Winklevoss Twins and Sophia the Robot to Malta’s shores and took the scene by storm even in times of a burdensome bear market. The AIBC is not announcing an STO battle to take place at their upcoming summit in May. The inaugural edition of the STO Battle throws 15 of the most promising crypto and blockchain projects into the ring to fight it out for an invaluable opportunity to pitch live on stage to a panel of savvy investors. The pitch is followed by a Q&A session from the official jury members, investors and the audience. Judging results will be based on the credibility of the company’s White Paper and invest-ability, with an emphasis placed on the business model and scalability. Successful applicants can take advantage of a number of treats, such as VIP invitations to premium networking events in Malta and 5 complimentary tickets to the conference. Winners will benefit from solid PR exposure across the Malta AI and Blockchain Summit’s media platforms, including video, email newsletters, website and magazines. AIBC will also purchase €25,000 worth of tokens from the winning company. Applications are closed at the end of April and with just 8 spaces still available. Companies looking to put their names in the running should move quickly to secure their spot. The STO Battle is sponsored by the leading legal advisory company, CLLB Rechtsanwälte ParmbB, a Germany-based company specialised in STOs. For more information about how you can get involved, please contact Denis Dzyubenko at The post STO Battle At The Malta AI & Blockchain Summit appeared first on The Fintech Times.
The Fintech Times

Regions AI tool helps steer cross-selling

The Alabama bank’s artificial intelligence system ROSIE pulls information from hundreds of data sources to help employees suggest the best new product or service to offer a customer. It’s a good example of a regional trying to balance competitive pressures and cost control.
American Banker

Hot news

By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.