This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. click here . IBM and Thomson Reuters have teamed up to launch a new AI-powered regtech solution to help banks better navigate growing regulatory requirements, per a press release . The solution will be delivered from the IBM Cloud that features real-time financial services data from thousands of content sources. The new solution aims to help compliance professionals keep up...

This technological disruption has a large effect on how banks operate, and it seems unlikely that the pace of change will decelerate anytime soon. BusinessInsider USA Images Here's what it means: Some technologies will have a bigger impact than others, but it will require substantial work from banks to stay on top of them. AI is the most promising technology to transform the banking space.Forty-seven percent of respondents said AI will have the biggest impact, followed by just 19% saying the...

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. Incumbents partnering with and investing in fintechs is nothing new in the finance industry, and now two banking giants are intensifying their fintech efforts with two new initiatives: JPMorgan is in talks to invest an undisclosed amount in fintech 10x Future Technologies, per The Financial Times. The fintech was founded in 2016 and develops solutions that help banks retrieve...

Business Insider Intelligence To receive the full story plus other insights each morning, click here. UK-based fintech Unmortgage has partnered with Allianz Global Investors (AllianzGI) to launch a fund that will be used to purchase properties offered via its online platform, per TechCrunch . The fund will reportedly target a size of 500 million ($623 million) and will be managed by AllianzGI. The deal was signed mid-2018 but was only disclosed now. Unmortgage aims to help first-time buyers...

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. UK-based Clearscore has surpassed 10 million customers since launching its business four years ago, according to AltFi. For comparison, this gives Clearscore twice as many customers as money transfer company TransferWise, and five times more users than neobank Monzo. Clearscore aims to help consumers better manage their finances, and it enables them to access their credit score...