Tag: financial institutions

Why siloed reporting could break under tighter rules

Financial institutions risk being overwhelmed by regulatory demands unless they dismantle the walls between their risk, finance, and reporting functions, according to a new...

AI agents move from pilot to workforce in bank compliance

Banks could unlock productivity gains of up to 20 times by deploying a workforce of AI agents, according to McKinsey.   The consultancy's estimate rests...

US strengthened its WealthTech dominance further, securing over half of all...

Key global WealthTech investment stats in H1 2026: Global WealthTech deal activity grew 21% YoY US companies secured over half of all deals in...

Aviva brings Financial Institutions underwriting to UK regions

Aviva, the UK insurer and part of its Global, Corporate & Specialty division, is expanding its Financial Institutions underwriting capability by placing dedicated specialists...

FinTechs dominate customer-facing AI use cases with mobile money gap widest...

Key views on AI use case adoption across traditional FIs and FinTechs: The Cambridge Centre for Alternative Finance surveyed 203 FinTechs and 149 traditional...

Why better impact data, not more, will decide ESG investing

The sustainable finance sector has reached a turning point where the sheer volume of sustainability data is no longer the industry's chief obstacle, according...

Nearly a fifth of asset managers yet to use AI, with...

Key views on Adoption of AI and Gen AI in asset management: Acuity Analytics surveyed 80 senior asset management representatives across the Americas, Europe...

Why weak customer data could derail CARF compliance plans

CARF operational readiness is fast becoming a priority for crypto-asset service providers, digital asset platforms and financial institutions. The question is no longer whether the...

Why AML platforms aren’t ready for the AI they promise

There is no shortage of talk about AI in financial crime compliance. Boards demand it, vendors promise it and regulators are paying closer attention....

Why tax compliance deadlines are becoming a liability

For years, financial institutions have approached tax compliance as a seasonal exercise, with intense filing peaks followed by quieter periods used to clean legacy...

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