Tag: Artificial Intelligence

New FSB framework targets AI risks in financial sector

The Financial Stability Board (FSB), the international body that monitors and makes recommendations about the global financial system, has published a consultation report outlining...

European WealthTech funding dropped by 18% YoY in Q1 as investors...

Key European WealthTech investment stats in Q1 2026: European WealthTech funding dropped by 18% YoY in Q1 Average deal value dropped by 42% to...

Capsa AI raises $18m Series A for private capital AI

Capsa AI, a London and New York-based startup developing an AI operating system for private capital, has closed an $18m Series A funding round,...

Cosine builds UK’s first sovereign frontier AI model

Cosine, a British sovereign AI frontier lab founded in London in 2023 and selected by the UK government as part of its sovereign AI...

TCS wins AI transformation deal with Canada Life

Tata Consultancy Services (TCS), a global IT services and consulting firm, has entered into a multiyear transformation and managed services agreement with Canada Life,...

India cements status as main Asian FinTech hub securing over a...

Key Asian FinTech investment stats in Q1 2026: Asian FinTech deal activity dropped by 22% QoQ in Q1 Indian companies secured over a third...

AI adoption surges among investment managers in 2026

Seven in ten investment managers are now actively deploying artificial intelligence in their front offices, according to new research from SimCorp, a global financial...

Hong Kong regulator warns on AI-powered cyber risk

Hong Kong's Securities and Futures Commission (SFC), the city's financial markets regulator, has issued a formal circular warning licensed firms of a sharp increase...

AlphaSense raises $350m at $7.5bn valuation

AlphaSense, an AI-powered market intelligence platform serving the business and financial sectors, has closed a $350m funding round that values the company at $7.5bn,...

Patronus Partners selects WealthAi for full deployment

Patronus Partners, a UK-based full-service private wealth and family office firm, has selected WealthAi, an AI operating system designed for wealth managers, for a...

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