Tag: Banking

Prismm warns banks face a $1.5tn deposit risk wave

Prismm, a FinTech company providing inheritance infrastructure for banks and credit unions, has launched its Deposit Mortality Index (DMI), a new measurement tool designed...

Why AI has ended banks’ knowledge edge in wealth management

The debate around AI in wealth management usually revolves around tools, automation and efficiency. But according to fincite co-founder and CEO Friedhelm Schmitt, this...

Swift’s payments overhaul reaches Canada through RBC and TD

Royal Bank of Canada (RBC) and TD Bank Group (TD) have become among the first financial institutions globally, and the first in Canada, to...

The 60-25-15 rule reshaping AI compliance pilots

Compliance teams across banks and payment providers are being squeezed from both directions. Boards and C-suites are pressing for rapid AI adoption to slash...

NatWest teams with Uinsure to simplify home insurance

NatWest, one of the UK's largest retail banks, has entered an exclusive partnership with InsurTech platform Uinsure to roll out a home insurance proposition...

Canadian FinTech funding expected to fall 46% in 2026 due to...

Key Canadian FinTech investment stats in Q2 2026: Canadian FinTech deal activity reduced 18% YoY Trend analysis showed a projected 46% fall in funding...

Why AI could strip banks of their last advantage

For decades, banks built their wealth management business on knowing more than their clients. According to fincite, that advantage has already slipped away, and...

FCA trims SM&CR: streamlining or a new culture risk?

The FCA and PRA have confirmed a package of changes to the Senior Managers and Certification Regime (SM&CR), reducing the number of certified persons,...

Digital euro nears reality but banks weigh cost vs reward

The digital euro is edging from concept towards reality, and according to a report from Tieto, European banks now face pivotal choices over the...

Revolut expands into APAC with Australian bank licence

Revolut, the global financial services platform serving over 75 million customers, has been awarded a full Authorised Deposit-taking Institution (ADI) licence in Australia, becoming...

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