Wealth managers ramp up AI spending: Budgets to surge over 100% in just 5 years, finds Wipro survey

Wealth managers ramp up AI spending: Budgets to surge over 100% in just 5 years, finds Wipro survey

Wealth management firms are bracing for a monumental shift as AI budgets are projected to more than double, according to a new Wipro survey. With AI investments expected to jump from 16% to 37% of IT budgets over the next few years, the industry is undergoing one of its most significant transformations yet. This surge […]

1GLOBAL and Verint team up: A game-changing move for global financial compliance

1GLOBAL and Verint team up: A game-changing move for global financial compliance

1GLOBAL, a premier mobile virtual network operator (MVNO), has announced a strategic partnership with Verint, a leader in compliance technology, aimed at transforming compliance across the financial services and trading sectors. This collaboration introduces upgraded mobile compliance recording solutions, enhancing the capabilities of financial institutions worldwide. The partnership will empower 1GLOBAL to offer its clients […]

Norm Ai raises $27m to pioneer AI-driven regulatory compliance

Norm Ai raises $27m to pioneer AI-driven regulatory compliance

Norm Ai, an innovator in AI-powered regulatory compliance, has successfully raised $27 million in a Series A funding round. The round was led by Coatue, with significant contributions from Bain Capital Ventures, Blackstone Innovations Investments, New York Life Ventures, Citi Ventures, TIAA Ventures, and Jefferson River Capital. This funding milestone, part of a total $38 […]

Toney Healthcare acquires Rebellis Group to enhance healthcare consulting services

Toney Healthcare acquires Rebellis Group to enhance healthcare consulting services

Toney Healthcare, a leading provider of clinical consultancy services, announced its acquisition of Rebellis Group, a renowned consulting firm specializing in Medicare Advantage plans. The terms of the transaction were not disclosed, underscoring the strategic nature of this partnership aimed at broadening the scope of services offered to health plans nationwide. Founded in 2020 by […]

Australian Department of Health & Aged Care embraces Google Cloud for data consolidation and innovation

Australian Department of Health & Aged Care embraces Google Cloud for data consolidation and innovation

The Australian Department of Health & Aged Care has embarked on a significant digital transformation journey by forming a strategic partnership with Google Cloud. This collaboration aims to consolidate the Department’s data assets, enhancing regulatory compliance, achieving cost savings, and facilitating faster innovation in the healthcare sector. In a move that underscores the Department’s commitment […]