Managers of Wealth Americas

AI is boosting asset managers’ investment operations, but humans still call the shots, according to a new Mercer report

A majority of firms – 55% of respondents – have integrated AI into at least one of their investment processes, while 27% report integrating AI as a pilot or proof-of-concept.

JP Morgan to bring digital bill of exchange offering to the US

Its decision to bring the digital product to the US follows its debut in the UK last year under the Electronic Trade Documents Act

US fintech Moment lands $78m in Series C fundraise

Index Ventures led Moment’s Series C round, returning as an investor less than 10 months after leading the firm’s Series B raise.

Wells Fargo Hires Three Tech Investment Bankers from Rivals

Wells has brought on Mark Gracia from Citi to be a managing director covering core digital assets and Blockchain

You Can’t Spell Advisor without AI

Advisors discuss their use of AI now and how it will change going forward

Coupa acquires intelligent document processing partner Rossum

Coupa will now integrate Rossum’s intelligent document processing capabilities across its whole platform, having previously only embedded the technology into its accounts payable department following a 2024 partnership.

Fiserv and Bridgeport Partners Enter into Agreement to Form Joint Venture to Accelerate Growth Across ATM and Cash Services Businesses

The transaction remains subject to required regulatory approvals and customary closing conditions.

Broadridge Establishes Strategic Glasgow Hub to Strengthen Global BPO Delivery

New UK delivery center strengthens Broadridge’s global footprint and enhances resilient, near-shore operational support for leading global financial institutions

Broadridge Announces Integrated Infrastructure for Tokenized Securities

Building on its market-leading Distributed Ledger Repo platform, Broadridge delivers the infrastructure that institutional firms need to scale digital and traditional assets on a single platform

Advancing Open Banking in Canada through trusted partnerships

Large-scale financial initiatives have never been delivered in isolation, and Open Banking will be no different.

JPMorgan invests $14M in anti-fraud projects

Funds will support seven organizations intent on protecting consumers from expensive scams, the bank said Tuesday.

AI in the Family Office

Privacy, Efficiency and Institutional Rigor

AI can analyze data but it can’t replace trust, says MassMutual wealth chief

The firm’s Vaughn Bowman talks to InvestmentNews about disconnect between what clients say and do.

How BNY’s UAE Crypto Custody Expansion At Bank of New York Mellon (BK) Has Changed Its Investment Story

The most relevant recent announcement here is BNY’s push to hire more analysts and interns with AI skills

Brazil Bans Stablecoins For Cross-Border Payments

Going forward, a remittance firm cannot convert foreign funds into stablecoins and settle the payment on a blockchain.

LPL Investing in AI to ‘Prop the Advisor Up’

LPL executives addressed the impact of artificial intelligence and its continued integration of Commonwealth, with asset retention now in the mid-80% range.

For Today’s Bank CIO, It’s Not Just About Technology

CIOs today are strategists and business partners as well as managers of the mission-critical function that other company leaders are relying on to deliver their agendas.

BetaNXT to Support Vanguard Investor Choice Program

Innovative Pass-Through Voting Solution Developed in Partnership with Tumelo Simplifies Proxy Voting Process for Investors in Participating Vanguard Funds

Goldman Sachs Restricts AI Usage in Hong Kong

Goldman Sachs has curtailed access to advanced AI tools for its Hong Kong bankers, underscoring how escalating U.S. China tensions are beginning to disrupt even core productivity infrastructure in global finance.

State Street to Launch Tokenized Fund Servicing from Luxembourg

State Street Investment Management is expected to be an early adopter of the service.

FinTech