Tag: mckinsey

AI readiness has emerged as one of the most pressing challenges—and opportunities—for financial institutions heading into 2026. According to Quantifind, the message was clear across...

Artificial intelligence (AI) is redefining the way financial institutions detect and prevent money laundering. With the United Nations estimating that criminals launder up to $2tn...

Traditional authentication methods such as passwords and one-time codes are no longer strong enough to protect financial institutions against sophisticated fraud. Deloitte estimates synthetic...

The world of wealth management is undergoing a profound shift, one that mirrors the evolving expectations of modern investors. Just a few years ago, clients...

Diversity in the financial ecosystem is no longer a trend—it’s the norm. Gone are the days when personal finance required visiting a physical bank...

As the adoption of AI agents accelerates, definitions remain fragmented. WorkFusion, which introduced its first AI agents for financial crime compliance in 2022, has...

DXinsight, a new personalisation tool designed for trading platforms, is set to help brokers address some of their most persistent challenges. The solution promises highly tailored experiences for users, which in turn improves engagement, boosts retention, reduces churn, and ultimately raises client acquisition returns.

Wealth management firms are grappling with rising pressures to deliver fast, personalised, and insightful advice to clients. But while expectations grow, many advisors are weighed down by inefficiencies, particularly the mounting problem known as "toggle tax."

Artificial intelligence (AI) is having a profound impact on insurance underwriting, transforming long-established processes and significantly improving insurers’ capabilities. From improving risk assessment to...

BIAN, the independent not-for-profit standards association, has unveiled new developer tools aimed at streamlining the adoption and implementation of its standards.