Tag: Generative AI

The wealth management industry is experiencing a significant transformation, driven by advancements in artificial intelligence (AI).

The wealth management sector has seen a gradual adoption of generative AI (GenAI) and large language models (LLMs), particularly as firms look to enhance efficiency and client interactions.

Zest AI, a leader in AI-powered lending technology, has secured a $200m growth investment from Insight Partners, a global software investor.

On November 14th, TAINA's Tax SME, Sean Sutton, took part in a dynamic panel discussion organized by the Investment Industry Association of Canada (IIAC)....

Canara HSBC Life Insurance is launching a Generative AI-driven underwriting solution to enhance precision, efficiency, and scalability in life insurance underwriting processes.  The product, known...

Boosted.ai, a generative AI company serving investment managers globally, has closed a $15m financing round.

Bitsight, a global leader in cyber risk management, has announced its $115m acquisition of Cybersixgill, a prominent cyber threat intelligence (CTI) provider. This strategic move...

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a critical alert to assist financial institutions in identifying and addressing fraud schemes involving deepfake media created with generative AI (GenAI) tools.

As artificial intelligence (AI) continues to advance, its role in financial crime prevention is growing, with organisations now considering AI as a foundational element in their risk management strategies.

Artificial Intelligence (AI) is rapidly reshaping the landscape of wealth and asset management, offering innovative solutions that significantly alter how high-net-worth individuals manage their finances.