WealthTech

ScribeUp raises $13m as banks fight to own the bill layer

ScribeUp raises $13m as banks fight to own the bill layer

ScribeUp, an AI-driven provider of embedded recurring bill tools for financial institutions, has secured $13m in a Series A round as lenders face mounting...
Is there an open-source infrastructure crisis in wealth management?

Is there an open-source infrastructure crisis in wealth management?

Many wealth management firms could be exposing themselves to significant risk without even realising it. They might not realise how dependent they are on...
Acorns buys Frich to attract the next generation of investors

Acorns buys Frich to attract the next generation of investors

Acorns, a US financial wellness and investing platform, has acquired Frich, a peer-led financial education community with 1.6 million members, as it looks to...
EXANTE’s Codey hits 75% success, but humans keep control

EXANTE’s Codey hits 75% success, but humans keep control

Investment firm EXANTE has spent six months embedding an autonomous AI developer into its engineering teams. Its experience suggests that the real barrier to...
MSCI unveils SignalLab to unify investment signals

MSCI unveils SignalLab to unify investment signals

MSCI has rolled out SignalLab, a new platform that combines governed, research-based signals from several investment domains with the tools investment teams need to...
VestGen secures Willow Tree capital to fuel succession push

VestGen secures Willow Tree capital to fuel succession push

VestGen Wealth Partners, a wealth management business focused on tackling advisor succession while serving clients across multiple generations, has obtained growth capital from Willow...
Customers Bank bets on Palantir to become AI-native

Customers Bank bets on Palantir to become AI-native

Customers Bank has joined forces with data analytics specialist Palantir Technologies to overhaul how it brings new depositors on board. The move signals a...
EXANTE warns markets are mispricing the AI gold rush

EXANTE warns markets are mispricing the AI gold rush

EXANTE’s new report argues AI’s real costs lie in power, minerals and water. Read the full analysis here today.
Prometeia warns Italian industry faces Q4 stagnation

Prometeia warns Italian industry faces Q4 stagnation

Italian industry is sending conflicting signals, with manufacturing orders climbing to their strongest level in more than two years even as actual output slips...
ClearToken and Consensys team up on 24/7 settlement

ClearToken and Consensys team up on 24/7 settlement

ClearToken, a UK market infrastructure group serving digital and traditional assets, has formed a strategic alliance with Consensys, a provider of protocols and institutional...

News Stories

Emirates NBD brings AI market insights into digital wealth

Emirates NBD brings AI market insights into digital wealth

Emirates NBD, a banking group operating across the Middle East, North Africa, Türkiye and South Asia, has partnered with Bridgewise, an embedded investment AI...
Is business verification failing to keep pace with financial crime?

Is business verification failing to keep pace with financial crime?

Business verification has become an increasingly important line of defence against financial crime, yet the complexity of modern corporate structures is exposing weaknesses in...
Banks face tougher data scrutiny as APAC reporting rules evolve

Banks face tougher data scrutiny as APAC reporting rules evolve

Submitting the correct reporting template on time is no longer enough to satisfy regulators. Across Asia-Pacific (APAC), supervisors are demanding more detailed data, greater...
Banks face growing fraud risks as criminal tactics converge

Banks face growing fraud risks as criminal tactics converge

Banking fraud is becoming harder to detect as criminals combine identity theft, payment manipulation and increasingly sophisticated digital attacks. Banking fraud is no longer limited...
Financial crime risk assessments have outgrown spreadsheets

Financial crime risk assessments have outgrown spreadsheets

For years, spreadsheets have been the default tool for financial crime risk assessments. They were familiar, flexible and easy to adapt, and for a...

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