March 2026 has brought a wave of regulatory updates across IRS reporting, FATCA, and CRS frameworks. Comply Exchange has rounded up the most critical developments compliance teams need to know. April 1042-S deadline looms for extended filers Organisations that sought an extension on their 2025 tax year filings face an imminent deadline. Form 1042-S must be submitted to the IRS by...

Exante's software development engineer in test (SDET) Anatoly Bobunov has detailed how the financial services firm tore down its ageing test framework and rebuilt it from the ground up, designing the new architecture to scale alongside a growing team, an expanding suite of backend services, and the increasing role of AI coding tools. The monolithic test repository at Exante had...

Artificial intelligence is no longer a distant ambition for the wealth management industry — it is rapidly becoming a practical necessity. According to WealthTech platform fincite, as many as 70% of advisory tasks could be supported by AI by 2030, and the institutions that begin building the necessary infrastructure today are best positioned to benefit tomorrow. The challenge, however, is not...

Nordic banks are grappling with the twin burden of ageing core infrastructure and spiralling compliance costs, with spending on card scheme mandates and PCI compliance often costing millions per banking group annually. As customer expectations rise and investors demand stronger performance, the pressure to modernise has never been greater — yet the path forward is far from straightforward. Tieto recently explored why...

Wamo, a European financial operating platform for small and medium-sized enterprises (SMEs), has secured €10m in Series A funding to drive expansion into Italy and the Nordics, bolster its product suite, and roll out artificial intelligence (AI)-powered tools across its business account offering. The round was led by TCEE Fund IV, advised by 3TS Capital Partners. WealthTech investor Oleka Capital...

Common Wealth, which claims to be Canada's fastest-growing group retirement provider, has closed a $12m CAD equity financing round to broaden retirement plan access for Canadian workers. The round drew participation from both new and returning investors, including the Broadbent group, Good & Well, AgeTech Capital, Deokali Capital, Eventi Capital Partners, and Flow Capital, alongside a number of prominent Canadian...

Palm, a portable business identity infrastructure platform serving the 35 million businesses across the United States, has received a strategic investment from Amex Ventures, the corporate venture capital arm of American Express. The funding will go towards Palm's ongoing product development, partner integrations, and the broader rollout of its API-driven identity network across financial services and vertical software-as-a-service platforms. The investment...

Ralio, a trust infrastructure provider sitting between AI agents and payment rails, has announced a $2.5m pre-seed funding round, marking what it describes as the largest agentic payments raise in Europe to date. The round was led by SVV (Sure Valley Ventures), with contributions from Seed X, Love Ventures, Plug and Play, rule30, Adeline Arts and Science, Endurance Ventures, Campus...

Artificial intelligence has dominated the conversation in financial crime compliance — but there is a quieter, equally critical factor that too often gets overlooked: design. At Quantifind, the company argues that powerful AI means little if investigators cannot use it effectively. Speed, accuracy, and scale are only as valuable as the interface that delivers them — and that is...

Singapore's Monetary Authority of Singapore (MAS), the city-state's financial regulator, has introduced a new amendment bill that could reshape how companies pursue dual listings and how retail investors engage with IPO processes. The Securities and Futures (Amendment) Bill 2026, which received its first reading in Parliament on 7 April, proposes changes in two key areas: granting powers to prescribe dual-listing...