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As artificial intelligence becomes increasingly embedded in the wealth management sector, the emphasis is shifting from automation to augmentation. AI is no longer seen as a replacement for financial advisors but as a valuable partner that enhances their efficiency, supports compliance, and improves client outcomes. This evolution is clearly embodied in Kidbrooke’s AI-powered solution, Kate.Kidbrooke recently delved into how Kate is improving financial advice. Designed to work alongside professionals, not instead of them, Kate is helping firms manage regulatory requirements, tailor their services, and identify areas for improvement in real time. Rather than removing the human touch, it enhances it —…

Canadian electric utility Nova Scotia Power and its parent company Emera are responding to a disruptive cyberattack. The attack came to light on April 25, when Emera and Nova Scotia Power discovered unauthorized access to some parts of their Canadian network and servers used for business applications. Impacted servers were shut down and isolated in response to the hack.  IT systems, including the utility’s customer care phone line and online portal, were disrupted. The company has not shared any updates on the incident since April 28, when it said it had been working on restoring impacted systems. Nova Scotia Power…

ATLANTA (AP) — Georgia on Thursday became the eighth state to see its law requiring parental consent for children to use social media challenged in court.NetChoice, a technology industry trade group, sued in federal court in Atlanta to overturn the law, which is scheduled to take effect on July 1.Similar laws have been overturned by federal judges in Arkansas and Ohio and temporarily blocked in Utah. Litigation is pending against laws in Florida, Louisiana, Mississippi and Tennessee.The fight pits a growing movement that social media use is harmful to children and teens against constitutional protections for free speech. While the…

Comply Exchange has launched a strategic partnership with SAP Ariba, supported by PayPal, to overhaul the way businesses manage tax documentation.The collaboration introduces Comply Exchange’s eForms technology into the SAP Ariba platform, enabling millions of users to automate and streamline tax onboarding.Historically, collecting IRS forms like W-8 and W-9 has been a manual, error-prone task. With this integration, businesses can now digitise the entire process. Suppliers and payees can complete and submit tax forms electronically within the SAP Ariba interface, guided by built-in prompts that help reduce errors. Each form is validated in real time, and users gain instant access…

Comply Exchange has launched a strategic partnership with SAP Ariba, supported by PayPal, to overhaul the way businesses manage tax documentation.The collaboration introduces Comply Exchange’s eForms technology into the SAP Ariba platform, enabling millions of users to automate and streamline tax onboarding.Historically, collecting IRS forms like W-8 and W-9 has been a manual, error-prone task. With this integration, businesses can now digitise the entire process. Suppliers and payees can complete and submit tax forms electronically within the SAP Ariba interface, guided by built-in prompts that help reduce errors. Each form is validated in real time, and users gain instant access…

At iFX Dubai 2025, Jon Light, head of OTC products at Devexperts, delivered a deep dive into how brokers across the MENA region can use AI to improve their operations—from customer support and localisation to risk management and trader selection.One of the most immediate impacts of AI is in trader-facing customer support. Devexperts, which has long maintained an in-house AI and machine learning division, is using chatbot solutions to deliver real-time, around-the-clock support for brokers.These bots are trained on internal datasets like past support tickets and CRM records, enabling them to respond to around 70% of trader queries. This is…

From its headquarters in Switzerland and operations across the globe, IMTF is redefining how financial institutions combat financial crime—leveraging a hybrid AI approach that combines real-time analytics with explainable, rules-based compliance.  Since its founding in 1987, the company has evolved from a pioneer in document management to a global leader in regulatory technology. As financial crime costs the global economy up to $2tn annually, according to the United Nations, the stakes couldn’t be higher.  IMTF is transforming compliance from a reactive burden into a predictive, intelligent operation. In an exclusive interview with FinTech Global as part of the prestigious FinCrime50, IMTF’s co-CEO…

For software developers working at breakneck speeds to keep up with a growing list of demands and obligations, the arrival of artificial intelligence (AI) coding assistants several years ago was a blessing. Developers quickly became avid users of the generative AI models that accelerated the code-creation process and speed of delivery. But on the heels of that undeniable initial benefit, the other shoe has fallen, adding layers of complexity to an increasingly complex environment. Securing the attack surface was already a Sisyphean task; AI coding is making it even more insurmountable. Beyond adding further complexity to the codebase, AI models…

WASHINGTON (AP) — When the Justice Department lifted a school desegregation order in Louisiana this week, officials called its continued existence a “historical wrong” and suggested that others dating to the Civil Rights Movement should be reconsidered.The end of the 1966 legal agreement with Plaquemines Parish schools announced Tuesday shows the Trump administration is “getting America refocused on our bright future,” Assistant Attorney General Harmeet Dhillon said.Inside the Justice Department, officials appointed by President Donald Trump have expressed desire to withdraw from other desegregation orders they see as an unnecessary burden on schools, according to a person familiar with the…

Google’s AdSense advertising network started supporting ads inside users’ chats with some third-party AI chatbots earlier this year, Bloomberg reported. The company is rolling out the feature following tests with AI search startups iAsk and Liner, the report said, citing anonymous sources familiar with the matter. “AdSense for Search is available for websites that want to show relevant ads in their conversational AI experiences,” Bloomberg cited a Google spokesperson as saying. The search and advertising giant is ostensibly seeking to capitalize on — and offset the potential threat of — the burgeoning trend of users increasingly using AI chatbots like…