Wealth management stories
A simpler route into the stock market may appeal to UK savers, as most hold cash while fewer than one in six own shares or funds.
Wealth managers face tighter regulatory scrutiny as the platform promises to replace spreadsheet checks with real-time review of all client messages.
Most firms expect AI to streamline admin and planning support, while only 3% plan staff reductions this year, a survey shows.
The tool aims to cut routine enquiries and help Canadians compare cover without logging in, as TD expands AI across its businesses.
Australian consumers unsure about sharing bank data now have a plain-language guide as PocketSmith expands its use of consented open banking feeds.
The deal gives Tech Mahindra a stronger foothold in North American banking as institutions spend more on payments and wealth system upgrades.
Banks seeking to cut fragmentation may see Backbase's Forrester nod as validation that its AI-native platform can unify front-office work.
The neobank is widening its investing offer as retail demand grows, while new fraud checks now cover every payment, stock trade and crypto deal.
Banks that fail to modernise core systems may struggle to scale AI, cloud services and new payment rails, Temenos and Bain warn.
Younger investors and cryptocurrency demand helped push Australia’s SMSF sector to a record 33,224 net new funds last financial year.
Canadian self-directed investors will get more advanced tools as Wealthsimple opens futures and broader options access on one platform.
The Kuala Lumpur hub will give Southeast Asian customers round-the-clock technical support as OceanBase pushes to win more regulated finance clients.
Canadian app users can now trade more than 20 cryptocurrencies from CAD $1 without leaving KOHO's main platform.
The study could help more Irish savers move money out of cash and into investments by turning dense fund documents into plain English.
The funding will help Astor expand its AI adviser for retail investors as younger savers increasingly turn to social media for tips.
Clearer rules and institutional flows are making digital assets easier for Australians to trade, particularly younger investors seeking diversification.
US wealth clients will get market insights and reminders from Citi Sky as Citi rolls out the AI assistant alongside advisors this summer.
The rollout puts generative AI in front of Citigold clients as banks race to show it can aid investors without sidelining advisers.
Consumers in New Zealand are being offered a new premium payments package as banks face tougher scrutiny over rewards and overseas spending costs.
The shortlist comes as the sector weighs new rules on payments, scams and data rights, with 160 finalists vying across 22 categories.