Tag: Artificial Intelligence

The landscape of compliance is evolving rapidly, and gone are the days when compliance officers solely relied on manual processes and traditional methods. Artificial intelligence (AI) is redefining the field, offering significant advancements in efficiency and automation, alongside introducing new complexities and regulatory concerns.

AuditBoard and EY have expanded their alliance to bolster risk management services across the UK and Ireland.

Ualá, a prominent Latin American neobank providing digital financial services across the region, has expanded its Series E funding round with an additional $66m, bringing the total raised in the round to $366m.

Commonwealth Bank of Australia has announced an expanded partnership with Anthropic, a company specialising in AI safety and research. This collaboration aims to leverage...

Investment advisers with a 31 December fiscal year-end are in the midst of updating their Form ADV, with a deadline set for 31 March 2025.

Outmarket AI, a newly launched intelligence platform designed to transform the commercial insurance sector, has raised $4.7m in a seed funding round.

Cloudsmith, the Belfast-based artifact management platform, has successfully secured a $23m Series B funding round.

Ramp, a leading financial operations platform known for its all-in-one solution for corporate finance management, has secured $150m through a secondary share sale.

As 2025 unfolds, the wealth management sector finds itself at a pivotal moment, shaped by global economic shifts, technological advancements, and evolving investor expectations. A combination of geopolitical uncertainty, demographic changes, and digital transformation is forcing firms to reassess their strategies to remain competitive in an increasingly complex environment.

As AI reshapes the financial crime compliance arena, the emergence of a compliance-first approach to AI in FinTech is becoming increasingly important.