Luxembourg’s Banque Raiffeisen Embraces Digital Transformation with nCino
Banque Raiffeisen, one of Luxembourg’s oldest and most trusted cooperative banks, established in 1926, is undergoing a major digital transformation by partnering with nCino, a global leader in cloud banking solutions. This move signals the bank’s transition from decades of paper-heavy, manual workflows to a streamlined, modern, and compliant digital credit operation. The Challenge: Ditching […]
Bitcoin Smashes $125,000 Barrier Amid US Economic Instability
Bitcoin, the world’s most popular cryptocurrency, has achieved a historic milestone, soaring past the $125,000 mark per coin, according to reports from Business Insider Polska, citing Bloomberg. This new all-time high surpasses the previous record set on August 14th. Analysts are attributing this significant surge primarily to the US shutdown, which has injected instability into […]
Deloitte Fined $290,000 for Submitting AI-Generated Report
An Australian court has fined audit and consultancy firm Deloitte and ordered it to refund the review fee it paid for submitting an AI-generated report to a government agency. The Department of Employment and Labor Relations (DEWR) said the Deloitte report contained a number of inaccuracies, including missing academic research sources and citations. The Department […]
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 […]