“P3’s pioneering commitment in enabling digitization in the wealth industry allows our clients to continue making efficient and powerful financial decisions. We are excited to see how this latest feature empowers them even further.”
Privat 3 Money (P3) has introduced a live news feature on its mobile trading platform. Powered by AI-driven financial intelligence firm CityFALCON, the live news feature marks a major step in P3’s effort to provide a comprehensive financial experience.
P3 is a licensed E-Money Institution in the UK, approved by the Financial Conduct Authority (FCA), and designed to provide a modern financial solution for both individuals and businesses around the globe. The platform offers a variety of services, including managing multiple currencies, making payments, handling foreign exchange transactions, providing debit and virtual cards, and offering trading functions for professional clients.
The company is not a bank but operates as an Authorized E-Money Institution regulated by the FCA. Deposits are safeguarded in segregated client accounts with approved partner banks, complying with Payment Services Regulations. P3 emphasizes the importance of encryption, two-factor authentication, and real-time monitoring to protect against unusual or suspicious activity.
P3’s offerings include a premium metal Mastercard, multi-currency accounts, safeguarded deposits, competitive foreign exchange rates, automated and instant electronic transfers, and instant access to a brokerage account for trading US equities, available to qualified investors.
News feature gone live, analytics tool coming soon
The update introduces a live news feature, including general news and specialized updates for users’ watchlists, all powered by AI-driven financial intelligence firm CityFALCON.
Ruzbeh Bacha, CEO of CityFalcon, commented: ‘We are excited to partner with P3, enable their finance content and analytics needs, and ultimately help their users stay on top of their investments.’
Reda Bedjaoui, Founder & CEO at P3, said: “P3’s pioneering commitment to enabling digitization in the wealth industry allows our clients to continue making efficient and powerful financial decisions. We are excited to see how this latest feature empowers them even further.”
Key features of the live news feature include:
- Comprehensive News Coverage: Clients will have access to real-time global economic markets, politics, and business news. This feature is designed to provide a wide-ranging view of the financial world, keeping clients informed and ahead of the curve.
- Tailored News Feed: The update includes a personalized news stream, focusing on instruments and markets relevant to each client’s watchlist. This bespoke approach ensures that clients receive news that is most suited to their investment interests.
- Credibility and Importance Scoring: To ensure the highest quality of information, P3 powered by CityFALCON, has implemented a sophisticated point-scoring system. This system evaluates the credibility and significance of each news item, ensuring that clients are presented with only the most reliable and impactful news.
- No Redundant Articles: The algorithm efficiently filters out redundant content, ensuring that each article presents unique information. This feature is designed to streamline the news consumption process, saving valuable time.
- Upcoming Analytics Tool: In future updates, clients can look forward to an analytics tool that will offer insights into the best and worst performers across various market caps and timeframes. This tool aims to further empower account holders in making informed investment decisions.