Wealth management stories
As Singapore's wealth sector grows, advisers are under pressure to serve more high-net-worth clients with less manual research and review.
Banks could gain a single AI system for customer requests, as Backbase folds Kasisto's tools into its software and boosts its US reach.
Customer demand is driving the move, as the Octopus-owned platform sets up an EU base to serve firms seeking cross-border investment growth.
Retail investors will get ranked, source-cited insights on holdings across shares, ETFs and crypto as CMC Invest rolls out CMC Intelligence.
The new role reflects growing demand from banks and wealth managers for help modernising operations, data and security as systems grow more complex.
Pressure is mounting on financial firms to turn AI pilots into measurable results as SEI adds new leadership to its data overhaul.
Sensitive data can stay off the cloud as Custodia's Sentinel gives executives and researchers a local AI appliance for private document analysis.
Eligible UK savers can now access tax-advantaged investing on Count's platform, as it tackles the advice gap for lower-balance customers.
The Indian fintech group is poised to use fresh capital and a new interim chief executive officer as it prepares for a possible public listing.
Investor demand for Australian startups is outpacing funding channels, with only 27% willing to commit more than AUD $100,000 to one deal.
AI and emerging tech are becoming a growth priority for UK lenders and insurers, with 91% expecting higher spending over the next year.
Advisers could cut post-meeting admin from hours to minutes as a new AI workspace updates records across meetings, documents and portfolio feeds.
Advisers are seeing demand shift towards inheritance, tax and retirement advice, while more than half of firms reported clients moving abroad.
The honours highlight a sector under tighter scrutiny yet still adding more than AUD $13.6 billion to Australia's economy and employing 50,200 staff.
Canadians are warming to AI for day-to-day banking, but most still want human advice when the stakes rise on major financial decisions.
The lender expects AI to speed fraud checks and staff support, while helping prioritise projects that could each deliver more than USD $100 million.
Financial advisers may soon get quicker answers on retirement income products as Allianz Retire+ tests Ada for compliant support.
The new link should cut errors and speed up private markets order handling as managers face heavier investor volumes and tighter service demands.
The fee-based tier is aimed at Australian customers seeking steadier rewards, travel perks and investing access as card points lose appeal.
The tool aims to cut paperwork before advisers charge fees, as Australia's financial advice sector shrinks and compliance burdens mount.