Traditional compliance change processes are quietly becoming a business risk. Many financial institutions say they spend up to 70% of their compliance time monitoring, assessing, processing and operationalising the constant stream of regulatory updates. According to AscentAI, in some cases, it can take as long as eight weeks to move a single change through the lifecycle, from initial review...

Aon, a global professional services firm, and DataRobot, an enterprise AI platform provider focused on operationalising artificial intelligence at scale, have announced a collaboration centred on applying agentic AI to selected insurance onboarding and servicing workflows. The partnership has been formed to explore how autonomous, reasoning-based AI agents can be embedded into everyday insurance operations while preserving robust human oversight,...

PwC US has expanded its long-standing relationship with Google Cloud, the cloud computing and AI platform provider supporting enterprises with scalable, intelligence-led technologies. The renewed collaboration aims to help organisations modernise their security operations and improve cyber resilience by leveraging AI-driven, intelligence-led defence capabilities. This follows rising cyber threats, fragmented security environments and the operational pressures faced by security teams...

Recare, a Berlin-based HealthTech company specialising in digital discharge management and AI-driven care coordination, has secured a growth financing round of up to €37m to accelerate product development and expand beyond its home market. The round, which includes a €7m option, was led by DNV, with participation from CIBC Innovation Banking and a group of additional investors, according to Beinsure. Following...

Morning commuters at London’s Waterloo station were met with an unusual sight this week as a mysterious ATM promised to “give away a fortune”, only to reveal a rather different message. Instead of cash, the machine unveiled Emil the Seal, the Financial Conduct Authority’s (FCA) mascot, delivering a warning about the growing threat of investment scams. The playful stunt was...

Key European FinTech investment stats in Q4 2025: European FinTech funding reached its peak in Q4 2025 with an increase of 87% QoQ Large deals rose by 3.9x QoQ as investors focused on high value transactions Zilch, a UK-based consumer payments platform focused on reshaping how shoppers and merchants transact, completed one of the biggest European FinTech deals of...

FINNY, an AI-powered prospecting and marketing platform built for financial advisors, has formed a new relationship with Osaic, a major provider of wealth management strategies, to make its technology available across Osaic’s national advisor network. Under the relationship, Osaic has made FINNY’s prospecting technology accessible to its more than 270 financial institutions and around 11,000 financial professionals. The move is...

Canada-focused digital transformation firm GFT has partnered with open API platform specialist Ozone API to help Canadian financial institutions navigate the country’s transition to open banking as regulatory developments accelerate adoption. The partnership is positioned around Canada’s evolving open banking landscape, with the companies pointing to Budget 2025’s acceleration of the Consumer Driven-Banking Act as a key factor shaping the...

WealthAi, a WealthTech company building what it describes as the global wealth management industry’s first AI-driven operating system purpose built for advisers, family offices and private banks, has raised an initial $800k pre-seed round led by Fuel Ventures and Founders Factory. According to the company, one in three wealth management professionals currently rely on 10 or more separate systems in...

Zeidler Group said the SEC’s latest Marketing Rule FAQs, released last Friday, are a targeted clarification rather than a market-moving shift, and warned asset managers against “reacting” to guidance that applies only in limited, fact-specific scenarios. Zeidler Group highlighted two areas covered by the update: the use of model fees where performance shown may not reflect the higher fees an...