Asic publishes tips on using AI for financial advice
ASIC’s Moneysmart website has published guidance to help Australians using publicly available AI tools for information on financial issues.
Choosing the right financial products starts with behavior, not volume
Financial institutions face constant pressure to expand their product suite. But recent data suggests the answer isn’t more products, it’s better alignment.
CMC Markets Launches Single Platform for Investing in Stocks and Trading CFDs
CMC Markets has launched a multi-asset platform that allows retail clients to hold equity investments and trade derivatives within a single account, the FTSE 250 broker (LSE: CMCX) announced today (Monday), broadening its product line beyond its core derivatives business into the fast-growing commis
BHM Capital Crosses $547 Million in Assets as Revenue Surges 27%
BHM Capital Financial Services posted a 27% jump in total revenue to $56.1 million (AED 205.98 million) for the full year 2025, according to results the Dubai-listed firm released Sunday. Net profit rose 14.94% to $11.7 million (AED 43.08 million), compared with $10.2 million (AED 37.48 million) the
Finance Magnates Launches FM Intelligence: Data and Compliance Portal
Finance Magnates has launched the FM Intelligence Portal, a new digital platform that brings together market data, compliance tracking, and custom research in one place. The portal is presented as “One Dashboard. All the Intelligence You Need” and is built to help financial firms make smarter busine
Wallester Secures Top Fintech Spot in Financial Times’ FT1000 as Embedded Finance Scales
Wallester, the European leader in payment infrastructure and card issuing, has been named the #1 fastest-growing company in the Fintech, Financial Services & Insurance category in the 2026 FT1000, compiled by the Financial Times and Statista.Singapore Summit: Meet the largest APAC brokers you know (
MAS develops AI risk management toolkit
The Monetary Authority of Singapore has published a toolkit designed to help the financial services sector manage AI-related risks.
eToro, RKX Financial, DIGITEC, and More: Executive Moves of the Week
eToro founder shareholder leaves UK Board Another wave of leadership changes swept the industry this week. Anthony Wollenberg, a founder shareholder and non-executive director of eToro UK, left the company’s board after serving for over 14 years. The move, disclosed in recent filings with Companies
XTB Sells FSCA Unit Five Years After No Operations
XTB has agreed to sell its South African subsidiary for $645,000, closing out what turned out to be an eight-year attempt to enter the African continent, one that never got off the ground.Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!)The Polish broker disclosed
Weekly Digest: U.S. Rips Up the Old Crypto Playbook; IG Mulls London‑to‑Wall Street Switch
New US playbook for crypto assetsThis week, the U.S SEC and the CFTC jointly issued new guidance clarifying how federal laws apply to crypto. The duo outlined the conditions under which a token transitions from being a security to a commodity.Singapore Summit: Meet the largest APAC brokers you know
Kalshi Defies U.S. Legal Tussle and Nevada Temporary Ban as Valuation Doubles to $22B
Kalshi has raised more than $1 billion in new funding, valuing the prediction market platform at $22 billion, according to people familiar with the matter.Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!)The funding round comes amid a fresh setback in Nevada, wher
AP automation platform Ottimate appoints Shawn Lane CEO
Ottimate, the leading AI-powered accounts payable (AP) automation and payments platform, today announced the appointment of Shawn Lane as Chief Executive Officer to lead the company’s next phase of growth.
Banking
UBS gets OCC final approval for US charter
The Swiss giant will convert from a state-chartered industrial bank and can now add “everyday banking” capabilities for its wealth clients, executives said.
Banking
FDIC opens door for private equity to buy failed banks
Nonbank entities such as PE firms “can play a significant role in the resolution process, given their ability to access and deploy significant pools of capital,” the agency wrote Thursday.
Banking
Michigan banks Independent, Highpoint to combine in $70.2M deal
Independent’s first acquisition since 2018 will bolster the bank’s footprint in the “high-growth corridor” between Grand Rapids and Lansing, the lender said.
Banking
Warren grills Fed nominee Warsh on Epstein ties
The senator questioned the Fed chair nominee over his interactions with the late convicted sex offender, saying it's “essential that Congress and the public fully understand” the extent of any connection between the two.
JPMorgan pilots software to monitor junior bankers' working hours
JPMorgan Chase is piloting a system that compares the self-reported time sheets of junior bankers with computer-generated estimates of their work weeks.
Goldman Sachs to make performance-based staff cuts in April - Reuters
Goldman Sachs will axe a small number of underperforming staff in April, Reuters reported on Thursday.
Zocks launches AI assistant for life insurance
Zocks, the privacy-first AI assistant for financial advisors, announced it is bringing its AI-automated operational and document intelligence capabilities to the life insurance market. Zocks is already in use exclusively at two of the three largest U.S. life insurance carriers.
Colombia's TumiPay targets Peru with Karina Sensebé appointment
TumiPay, a Colombian fintech specializing in digital payments infrastructure, announced the appointment of Karina Sensebé as Regional Country Manager for Latin America.