Metro Bank Modernises AML Operations with SymphonyAI
Metro Bank has replaced its decade‑old AML infrastructure with SymphonyAI’s cloud‑native, SaaS‑based financial crime platform. The new solution consolidates transaction monitoring, payment and name screening, investigations, and dynamic customer risk assessment into a single environment. By embedding CRA directly into monitoring workflows and integrating machine‑learning models, the bank achieved a 20% drop in transaction‑monitoring alerts and streamlined onboarding. Evergreen upgrades now reduce maintenance overhead and enable rapid regulatory response.
What the OCC’s New BSA/AML Rules Mean for Community Banks
The OCC will roll out new Bank Secrecy Act and AML examination procedures for community banks on February 1, 2026. The framework shifts to a risk‑based, proportionate model, easing procedural burdens while keeping core compliance expectations intact. It introduces Community...
Susannah Streeter Joins Wealth Club as Chief Investment Strategist
Wealth Club, the UK‑focused investment platform for high‑net‑worth individuals, has appointed Susannah Streeter as chief investment strategist. In the role she will head the firm’s market commentary, decode economic and monetary trends, and guide clients toward opportunities in venture‑capital trusts,...
2026 FinTech Funding Faces Holiday Hangover
FinTech funding entered 2026 with a post‑holiday lull, recording only six rounds this week. Despite the thin pipeline, three mega‑deals topped $100 million, pushing total capital raised to $734 million. Cyera led the pack with a $400 million Series F that values the AI‑security...
Hyper-Personalisation Reshapes the Future of WealthTech
Wealth management is undergoing a shift toward hyper‑personalisation, where advice is continuously tailored using real‑time data, predictive analytics, and behavioural insights. IntellectAI’s research highlights that over 70% of high‑net‑worth individuals tie personalised advice to firm loyalty, yet many firms still...
Digital Wealth Management: Three Trends Reshaping 2026
European wealth managers face heightened volatility, tighter regulation, and soaring digital expectations in 2026. Firms must translate abundant market data into clear, confidence‑building insights through scalable digital platforms. A premium experience now depends on intuitive interfaces, seamless onboarding, and truly...
Permutable AI Expands AI-Driven Macro Intelligence Into Asia-Pacific
Permutable AI announced a strategic expansion of its AI‑driven macro intelligence services into the Asia‑Pacific region, responding to heightened institutional demand for granular, real‑time insights on commodities and macro markets. The move targets investors, risk managers, and strategy teams focused...
SmartSearch Completes Credas Deal to Enhance RegTech Platform
SmartSearch, the Ilkley‑based RegTech specialist, has completed the acquisition of Credas Technologies, adding digital identity verification to its existing screening and monitoring suite. The deal expands SmartSearch’s customer base to more than 8,500 regulated firms across finance, legal, property and...
Akur8 Acquires Matrisk to Launch Discover Pricing Tool
InsurTech firm Akur8 has acquired AI platform Matrisk, enabling the launch of Akur8 Discover, a new pricing tool that searches and analyzes P&C rate and rule filings. The solution provides insurers with searchable, structured regulatory data, allowing benchmarking of rating...
Capitolis Appoints Roy Saadon to Drive Portfolio Optimisation Growth
Capitolis, a fintech focused on capital markets, appointed Roy Saadon as head of market development for its portfolio optimisation unit. Saadon, a veteran with 25 years in technology, product development and financial services, previously co‑founded Access Fintech and Traiana. In...
Cred Hires Matt Trueman as CEO to Accelerate Expansion
Cred, the AI‑enabled credit platform, has appointed Matt Trueman as its new chief executive officer. The hire is aimed at accelerating the company’s 2026 expansion, scaling new accounts and boosting lending activity for its Credit on Demand product. Cred’s roadmap...
Broadridge Completes Acolin Acquisition to Expand Cross-Border Fund Distribution
Broadridge Financial Solutions has completed its acquisition of Acolin, a Zurich‑based provider of cross‑border fund distribution and regulatory services. Acolin supports over 350 asset‑manager clients and provides access to more than 3,000 distributors across 30+ countries. The deal expands Broadridge’s...
DailyPay $195m Senior Secured Revolving Credit Deal
DailyPay, an on‑demand pay platform, closed a $195 million senior secured revolving credit facility on Dec 30, 2025. The facility, led by JPMorgan Chase as administrative agent and sole bookrunner, strengthens the company’s balance sheet and provides greater financial flexibility. DailyPay plans to...
The Human Factor Shaping the Future of AI-Driven AML
Financial institutions are entering 2026 with a renewed focus on human oversight for AI‑driven anti‑money‑laundering (AML) systems. While AI continues to deliver real‑time monitoring, large‑scale data analysis and higher detection accuracy, the industry faces a widening skill gap that threatens...
Brits Turn Back to Cash as ATM Withdrawals Reach Record
Nationwide data shows UK ATM withdrawals reached £4.2bn in 2025, a new record surpassing the 2017 peak. The number of withdrawals rose 6% to 34.7 million and the average amount per transaction increased to £120. About 13% of Britons say using...
BIA Explained: How ChainThat’s Building the Future of Insurance Finance
ChainThat’s Beyond Insurance Accounting (BIA) platform automates the entire insurance finance workflow, capturing transactions at policy binding and generating real‑time accounts and billing schedules. By ingesting data from bordereaux, bank statements and emails with Gen‑AI tools, BIA eliminates manual reconciliations...
Pluto Debuts AI-Driven Lending Platform for Private Assets
Pluto Financial Technologies has unveiled an AI‑driven lending platform targeting investors with private market assets. The service, backed by $8.6 million in equity and hundreds of millions in lending capacity, offers a Wealth Equity Line of Credit that can be repaid...