Gold ETFs Experience Historic Surge in September
Gold exchange-traded funds (ETFs) witnessed an unprecedented increase in holdings during September 2025, according to a recent report by the World Gold Council (WGC). The global value of gold held within these funds soared by a record-breaking $17.3 billion, equating to a substantial 145.6 tonnes of gold. This monumental rise underscores a renewed investor confidence […]
Wealth Management Transformed by Digital Disruption
The wealth management industry is rapidly evolving as digital disruption forces firms to rethink service delivery and client trust-building strategies. IntellectAI warns that failing to embrace this transformation risks falling behind as technology reshapes the sector. At the heart of the shift are four key principles: personalising client solutions, automating processes for efficiency, improving customer […]
Numeral Secures $35M in Series B to Revolutionize Sales Tax Compliance with AI
Numeral, an AI-powered platform simplifying sales tax compliance for e-commerce and SaaS companies, has successfully raised $35 million in a Series B funding round. Led by Mayfield, with participation from Benchmark, Uncork Capital, Y Combinator, and Mantis, this latest investment brings Numeral’s total capital raised to $57 million. Founded in 2023 by former Stripe and […]
Italian FinTech Tot Secures €7M to Revolutionize SME Banking
Tot, an Italian FinTech startup focused on streamlining banking for small and medium-sized enterprises (SMEs), has raised €7 million in its Pre-Series A funding round. This brings the company’s total funding to €11 million, including its Seed and Pre-Series A phases. The latest round was led by CDP Venture Capital SGR, with participation from […]
The Future of Insurance: Smarter Data and Trusted Decisions
Critical decisions in insurance often happen in mere moments—a single email, scanned PDF, or keystroke can determine whether a payout is processed quickly, a risk is flagged, or customer trust is preserved. Yet, outdated systems and siloed data can disrupt these processes. What if fragmented information could communicate, reason in real time, and anticipate future […]
Wealth Management Industry Faces AI-Driven Transformation Amid Rising Client Expectations
The global wealth management sector is undergoing profound change as client demands, regulatory scrutiny, and technological innovation reshape how advisors operate. According to LSEG Data & Analytics’ Wealth Insider Insights series, financial advisors are moving beyond traditional advisory roles to act as curators of data, filtering vast streams of market information into actionable insights that […]
WorkFusion’s AI Agents Redefine Financial Crime Compliance
WorkFusion is reshaping the landscape of financial crime compliance with its AI Agents, which act as fully digital team members embedded in core processes, including KYC checks, sanctions screening, transaction monitoring, and adverse media reviews. Unlike generic AI tools, these agents are tailored to specific compliance workflows, enabling faster, more accurate, and consistent outcomes while […]
GenAI in Compliance: Promise, Pitfalls, and the Push for Smarter Regulation
As regulatory change accelerates worldwide, businesses face growing pressure to keep up. In this shifting landscape, generative AI has emerged as a powerful ally, offering automation, analysis, and the ability to turn regulatory chaos into clarity. But the question remains: can GenAI truly transform compliance without introducing new risks? According to Alex Mercer, Head of […]
Sanctions Compliance Enters a New Era: Experts Urge AI Adoption and Unified Programs
As global financial institutions navigate increasingly complex geopolitical risks, the enforcement of sanctions is undergoing a transformative shift. At the recent Sanctions Convergence event, organized by Quantifind and Protiviti, experts from government, finance, and technology industries outlined the future of sanctions compliance. Their consensus: institutions must adopt faster, smarter, and more adaptable frameworks to keep […]
Asset Managers Face Mounting Pressure to Strengthen Sanctions Compliance
Asset management firms are under increasing scrutiny to uphold strict sanctions compliance, as failure to do so could lead to severe financial penalties and reputational damage. A growing emphasis is being placed on screening investors—particularly high-net-worth individuals—not only during onboarding but throughout the entire client relationship. According to Moody’s, any direct or indirect connection to […]
