UiPath and WorkFusion have entered into an acquisition agreement that expands UiPath’s industry-focused automation capabilities within financial services and banking. The acquisition is designed to strengthen UiPath’s portfolio of agentic AI-powered solutions tailored to the financial services sector, particularly in the area of financial crime compliance. By integrating WorkFusion’s pre-built AI agents, UiPath aims to enhance automation across anti-money laundering...

Wealth management is approaching a structural inflection point as artificial intelligence shifts from isolated experimentation to becoming embedded in decision-critical workflows. Across advisory businesses, AI is no longer confined to innovation labs or proof-of-concept pilots. Instead, it is influencing advice quality, strengthening risk governance, enabling operational scale and reshaping how institutions build and maintain client trust. IntellectAI, which offers AI-powered tools...

Jacksonville-based FinTech firm FIS has launched the Insurance Risk Suite AI Assistant, a generative AI tool designed to provide actuaries with instant guidance on building and maintaining risk models. The solution aims to reduce the time actuaries spend navigating complex technical documentation by delivering immediate answers to detailed modelling queries in any language, 24/7. By embedding AI directly into its...

WTW, a global advisory, broking and solutions company, has appointed George Lewkowicz as global proposition leader for P&C capital modelling within its insurance consulting and technology division. Based in London, Lewkowicz will now oversee WTW’s global P&C capital modelling and reinsurance pricing propositions, according to FF News. His remit includes driving innovation, supporting business development and delivering tailored solutions to...

Fraud alert reviews just got a whole lot faster and easier for financial institutions. Banks and other financial institutions are facing an unprecedented wave of AI-enabled fraud in 2026. According to Workfusion, from account takeovers and cheque fraud to identity theft and crypto-related scams, fraudsters are increasingly using advanced tools to exploit gaps in detection processes. In response, firms are recognising...

Zambian neobank Lupiya, an AI-powered digital bank offering loans, payments and investments, has extended its Series A funding round to $11.25m, according to a report from Disrupt Africa. The extension increases the company’s previously announced $8.25m Series A round to a total of $11.25m, it said. The original raise, reported in September, was led by Alitheia IDF Fund, with substantial...

TransferMate has completed a full global rollout of Vivox AI’s next-generation Know Your Business (KYB) automation platform. The deployment marks a significant step in the company’s strategy to scale compliance operations while maintaining robust regulatory standards across multiple jurisdictions. The new platform was introduced to support TransferMate’s rapid expansion across Asia Pacific and other high-growth regions. Rising onboarding volumes and increasing...

Thrive Financial, a Virginia-based technology platform for point-of-sale financing of home improvement projects, has announced an upsizing of its financing facility with Macquarie Group. The company said the expanded financing arrangement increases its borrowing capacity and provides additional capital to back its forward-flow agreements. Thrive Financial CEO and co-founder Jasjeev Sawhney said, “Macquarie has been a fantastic partner thus far, and...

In late February 2026, a prominent US educational institution agreed to pay $1.72m to the US Treasury to settle allegations that it processed tuition payments connected to individuals under sanctions. According to Alessa, federal investigators concluded that funds accepted by the institution were linked to sanctioned parties associated with Mexican drug cartels, triggering enforcement action by the Office of Foreign...

BIP Wealth, an Atlanta-headquartered registered investment advisor with more than $5.5bn in assets under management, has secured a strategic minority investment from Constellation Wealth Capital (CWC) to accelerate its organic and inorganic growth plans. The partnership will see CWC provide flexible, long-term capital to support BIP Wealth’s continued expansion. The investment builds on BIP’s recent momentum, which includes adding $725m...