- Volans, a new private bank set to launch in Australia in May, aims to improve banking for high-net-worth customers by integrating advanced AI technology.
- Founded by former bankers from Credit Suisse and HSBC, the bank plans to offer multicurrency accounts, multi-asset custody services, and margin lending facilities.
- Volans emphasizes the use of facial recognition technology for swift account opening and aims to leverage technology platforms that integrate seamlessly with wealth managers’ existing systems.
- The bank believes that established private banks are on borrowed time and is focused on embracing fintech and agility to stay ahead.
