WHEN FINTECH MEETS AI

Play Video

Not playing? Click here

HUBFX leverages AI to enhance its currency management services in several ways. AI is heavily used in our compliance procedures. AI also has been used to analyse market data and identify trends and patterns that can inform currency trading decisions. AI has been used to develop predictive models that can help forecast currency exchange rates with greater accuracy, enabling more informed trading decisions. Additionally, AI has been used to automate certain aspects of currency trading and payments, such as order placement and execution, reducing the risk of human error and improving efficiency. Finally, AI has been used to enhance customer service by providing personalised recommendations and insights based on individual customer data and preferences.

 

HUBFX is committed to complying with ethical and regulatory standards in the development and deployment of AI technologies. This includes adhering to guidelines and regulations set forth by governing bodies such as the European Commission and the General Data Protection Regulation (GDPR). HUBFX also prioritizes transparency and explainability in its AI systems, ensuring that users have a clear understanding of how their data is being used and processed. Additionally, HUBFX works to prevent bias and discrimination in its AI models, employing methods such as diverse data collection and testing for fairness. The company regularly monitors and evaluates its AI systems to ensure they are operating effectively and in compliance with industry standards.

Round_Table_Payment_Methods_1673287246_Page_2

Recent Case Study – Working with Globalfy (Google for Startup)

Recent Case Study – Working with hubu.ai (HUBFX PRO)

COMPLIANCE

  1. Identify compliance areas where AI can be most effective, such as fraud detection, anti-money laundering, and risk assessment.

  2. Assess the data requirements for each compliance area and ensure that relevant data sources are available.

  3. Build a team of experts with a range of skills, including compliance, data analytics, and machine learning.

  4. Develop a clear governance framework for AI, including ethical principles and transparency requirements.

  5. Ensure that AI algorithms are tested thoroughly to ensure accuracy and prevent bias.

  6. Provide ongoing training to staff on AI and compliance procedures.

  7. Implement appropriate security measures to protect data and prevent unauthorized access.

  8. Monitor and audit AI algorithms to ensure ongoing compliance with regulations and internal policies.

  9. Continuously improve AI models through feedback and evaluation to ensure optimal performance.

  10. Collaborate with regulatory bodies and industry peers to share knowledge and best practices for integrating AI into compliance procedures.

FX & MARKET ANALYSIS

  1. Define the problem: HUBFX should define the problem they want to solve, such as identifying profitable trading opportunities or reducing risk exposure.

  2. Gather data: HUBFX should collect relevant data from various sources, including financial news, economic indicators, and historical currency exchange rates.

  3. Clean and preprocess data: HUBFX should clean and preprocess data by removing missing values, outliers, and errors.

  4. Select appropriate AI techniques: HUBFX should select the appropriate AI techniques, such as machine learning or deep learning, based on the problem and the available data.

  5. Train AI models: HUBFX should train AI models using historical data to identify patterns and relationships that can be used to make trading decisions.

  6. Validate models: HUBFX should validate the accuracy and reliability of AI models using cross-validation and other techniques.

  7. Implement models: HUBFX should implement AI models into their trading systems to inform trading decisions.

  8. Monitor performance: HUBFX should monitor the performance of AI models and adjust them as necessary to ensure continued accuracy and effectiveness.

  9. Address ethical considerations: HUBFX should consider ethical considerations related to AI, such as fairness, transparency, and bias.

  10. Continuously improve: HUBFX should continuously improve their AI models and processes by incorporating new data and techniques and evaluating the effectiveness of their trading strategies.

Order placement and execution, reducing the risk of human error and improving efficiency

  1. Develop a machine learning algorithm that analyses market data and identifies trading signals based on predefined criteria such as technical indicators, news sentiment, and market trends.

  2. Train the algorithm using historical market data to improve its accuracy and predictive power.

  3. Implement a real-time data feed to provide the algorithm with up-to-date information on market conditions.

  4. Develop an automated trading system that can execute trades based on the algorithm’s recommendations.

  5. Test the automated trading system using simulated trading environments to verify its effectiveness and ensure it meets regulatory requirements.

  6. Implement risk management protocols to limit exposure to market volatility and mitigate potential losses.

  7. Monitor the system’s performance and make adjustments as necessary to optimize trading outcomes.

  8. Integrate machine learning models with existing order management systems to streamline the trading process and reduce manual intervention.

  9. Implement advanced analytics tools to monitor trading patterns and identify potential anomalies or risks.

  10. Continuously monitor and evaluate the system’s performance to ensure it meets regulatory compliance requirements and achieve optimal trading outcomes.

HUBFX & Globalfy

Since 2022 HUBFX  has joined force with the Google for Startup Company Globalfy to help the clients with setting up and operating businesses globally by providing them a “one stop shop” solution.

Go to Globalfy Client FAQs to find more.

 

By using us, clients can focus on what they are good at and leave other business and finance tasks to us.  Globalfy held the Cross Border Week 2023 in January where industry experts from  Amazon Google Shopify Pipefy Aprende Con Wifi VTEX and of course HUBFX have shared their exprience in working in/with companies with the mindset of “borderless” pre-and-post-pendemic.

HUBFX & Payment Gateways

Since 2022 HUBFX  has entered several payment gateways’ schemes, and/or helped clients to enjoy the powerful technology they implemented with HUBFX or our Partners to make their payment management, tresuary management, local & crossborder collections much much much easier than before!

cc visa tsycfgduyvcndhc_0
WeChat-pay-20190524

And more to come…

HUBFX & Women in Tech

Since 2022 HUBFX  has started different programmes and campaigns to support Women in Tech. In our organisation we have Female Professional all cross the UK and the EU region. The mission of the  HUBFX FinTech Services is to enable our clients to manage their funds movement seamlessly using the most advanced technology in the world. We work with Currency Cloud, a Visa Solution, the University of York, the University of Reading, and the University of Oxford and many other universities in Europe. 

About HUBFX Women in Tech

We launched our HUBFX Exchange App in 2022. Meanwhile, we are working closely with Websummit.com to push the products to the next level. Whilst working happily with male and female co-workers. We want to recognise our female partners/friends’ contribution and work by offering them a FREE websummit ticket (worth approx. £900) to encourage more female involvement to the business.

You may find the conference below and enter the draw for getting the ticket by enter your details.

Date: Tue, 1 Nov 2022 – Fri, 4 Nov 2022
Attendance: 70,000+
Location(s): Lisbon

All Communication is Protected and Monitored according to our Compliance and Regulatory Guidelines. Services we provide are regulated by the FCA, the Bank of the Nertherlands, FinCEN, and Fintrac respectively in the UK, EU, US and Canada.

Find us also at Karren Brady's Women in Business and Tech

What is Web Summit?

a company from Dublin, Ireland, that holds events across the world: Web Summit in Lisbon, Web Summit Rio in Rio de Janeiro, Collision in Toronto, and RISE in Hong Kong.

Politico has said we run “the world’s premier tech conference”,
the Atlantic that Web Summit is “where the future goes to be born”, and the New York Times that we assemble “a grand conclave of the tech industry’s high priests.”

At a time of great uncertainty for many industries and, indeed, the world itself, we gather the founders and CEOs of technology companies, fast-growing startups, policymakers, and heads of state to ask a simple question: Where to next?

Who is coming?

and 900 more industry leaders are coming.

Interested in Partnering with Us?

If you are interested in working with us in other subjects, click the contact us now below to send us a message.

If you wish to request for a FREE Websummit ticket, please fill out the form below with a short explanation regarding why you think WebSummit will benefit you. By click submit you agree that we keep your contact details for future events and information about Women in Tech. The winner will be contacted by the end of Wednesday 26th October. If you haven’t received any email from us that means you didn’t get the ticket. However, we will put you on the priority list for the next event! Good Luck!


    Thank you all for your interests. After careful consideration, we have decided to choose Jade to be our representitive of the Woman in Tech we choose to attend WebSummit together with us!

    Your Name

    Your Profile & Introduction

    Your Link 1: /icon

    Your Link 2: /icon

    Your Link 3: /icon

    For News Subscribe Us!

    If you wish to receive the weekly market report, please subscribe. For a daily report please go to contact form to speak to the sales team.

    You have been successfully Subscribed! Ops! Something went wrong, please try again.
    PikPng.com_apple-icon-png_BBB

    register your interest now

    ALL RIGHTS RESERVED © 2024 HUBFX
    Business Office at 7 Bell Yard, London, WC2A 2JR, United Kingdom

    HUBFX Asia  Business Office at
    100 Peck Seah St, 079333, Singapore

    ALL RIGHTS RESERVED © 2024 HUBFX
    Business Office at 7 Bell Yard, London, WC2A 2JR, United Kingdom

    HUBFX Asia  Business Office at
    100 Peck Seah St, 079333, Singapore

    For clients based in the European Economic Area, payment services for HUBFX are provided by CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of an electronic-money institution (Relation Number: R142701).  For clients based in the United States, payment services for HUBFX are provided by The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorised in 39 states to transmit money (MSB Registration Number: 31000206794359). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011. For clients based in the United Kingdom and rest of the world, payment services for HUBFX are provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199). Please refer to the Terms of Use here.

    Payment services for HUBFX UK and US are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) and The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorized in 39 states to transmit money (MSB Registration Number: 31000160311064). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011 

     

    Payment services for HUBFX are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) and The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorized in 39 states to transmit money (MSB Registration Number: 31000160311064). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011 and CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of a electronic-money institution (Relation Number: R142701)

    Rates are indicative only. Please log in for getting your rates.