Tag: Financial Services

Compliance sprawl: firms juggle nearly 14 systems, MCO finds

Financial services firms are pouring more money into compliance, yet new research from MCO (MyComplianceOffice) suggests that much of this investment is being absorbed...

Year-end crunch exposes hidden gaps in compliance teams

As October arrives, many regulatory and compliance teams face two competing demands. Year-end deadlines are adding to an already heavy workload, while the annual...

FSB puts boards on the hook for AI risk in finance

The Financial Stability Board (FSB), the international body behind global financial stability standards, has released the final version of its guidance on responsible artificial...

Why the 2026 midterms could expose compliance blind spots

Political fundraising in the US keeps growing in scale and complexity, and the run-up to the 2026 midterm elections is accelerating that trend. Candidates,...

Why holding data too long could cost EU firms millions

For years, many organisations have treated storage as cheap and deletion as optional. Under European regulation that habit is turning into a compliance problem....

Starling turns to UK sovereign cloud to develop banking AI model

UK digital bank Starling is working with AI chipmaker NVIDIA and UK cloud provider Civo to develop a transactional foundation model, as it looks...

Delfi benchmark exposes risk-adjusted returns gap at US banks

Delfi, a New York-based provider of AI-native balance sheet optimisation technology, has launched a benchmarking tool to help US banks and credit unions assess...

Policy drift exposes gaps in SEC compliance reviews

Investment advisers that rely on annual compliance reviews risk overlooking gaps between written policies and day-to-day practices, according to a recent Risk Alert from...

Why 88% of firms are struggling to govern workplace AI

Artificial intelligence is no longer sitting quietly in the background of the modern workplace. AI assistants, meeting notetakers and agentic tools are now active...

Prometeia Brief: Italy’s GDP rises but slowdown looms

Prometeia has launched a new monthly brief on Italy, Italy in the Global Economy, and its October 2026 edition finds that Italy's growth has...

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