
PlannerPal raises $6m to expand AI platform into mortgages
PlannerPal has secured $6 million in funding led by Ada Ventures to grow its AI workflow platform, which is used by over 250 UK financial advice firms, and expand into the mortgage sector.
Access & branches on Branch and Vault: Branch closures, Cash access and ATM networks, Banking hubs, Financial inclusion and the unbanked, Digital exclusion and Rural banking.

PlannerPal has secured $6 million in funding led by Ada Ventures to grow its AI workflow platform, which is used by over 250 UK financial advice firms, and expand into the mortgage sector.

Brazilian digital banking giant Nubank is in advanced discussions to acquire UK fintech Monzo, with a potential sale price reported between £8bn and £10bn.

ECB Executive Board member Isabel Schnabel will leave the central bank on 3 January 2027 to become the IMF's Financial Counsellor.

Reward, a customer engagement firm, has named former Lloyds Banking Group executive Enrique Del Rio as its President for the UK and Europe.

Nasdaq Verafin and Stablecore have partnered to integrate digital asset transaction data into traditional anti-financial crime platforms.

Sage Capital Management has selected OpenPayd to enhance its banking infrastructure for institutional digital asset clients.

IT Smart Systems partners with Feedzai to integrate AI-driven financial crime prevention into digital banking platforms.

Two UK National Audit Office reports on major banking infrastructure projects highlight the unpredictable nature of IT cost overruns.

The OCC granted Revolut conditional approval to charter a national bank, a key step toward launching its own US banking operations by 2027.

BBVA Corporate & Investment Banking has integrated artificial intelligence into its ePricer platform to generate investment ideas and manage trades.

KB Kookmin Bank is launching a corporate payment service using JPMorgan's Kinexys blockchain network. The service will enable faster USD settlements for importers and exporters across 10 countries.

Finzly launched Assure, an AI security layer for its BankOS platform, in response to an 89% annual rise in AI-enabled attacks on financial firms.

A source report outlines five established USD correspondent banking partners for financial institutions.

The article defines operational risk in banking as the risk of loss from failed processes, people, systems, or external events.

Sagehaven Bancorp, a proposed digital-centric national bank, has chosen the Nymbus cloud-native core banking platform as its technology foundation.

Broadridge Financial Solutions has added G7 securities to its Distributed Ledger Repo platform.

Investment in Canadian fintech firms dropped sharply in the first half of 2026, reaching nearly US$1 billion, a more than 40% decline.

Escode's Wayne Scott warns that bank strategy talks often overlook three key resilience risks.

Leeds United has named eToro as its Official Trading Partner for both men's and women's teams in a multi-year deal starting from the 2026/27 season.

Bank of England Governor Andrew Bailey warns G20 that frontier AI models pose cyber risks to global financial stability and need better release management.

Companies trying to automate pizza making have failed. Experts say the technology is difficult and human interaction remains vital in food service.

Financial experts warn that unequal financial support from parents to adult children can spark lasting resentment and legal disputes.

A burst water main near Gatwick Airport left parts of both terminals without water, though flights were unaffected.

ASIC and APRA warn financial firms must move from awareness to action on frontier AI risks, following roundtables with over 600 attendees.

The banking industry is exploring ways to support vulnerable adults, including those with capacity issues and physical disabilities.

Chime is reportedly exploring adding stablecoin functionality to its banking app, aligning with broader trends in digital finance and payment innovation.

The US Treasury has created a task force to prepare the financial sector for quantum computing threats, aiming to protect economic stability and national security.

Dolly Parton's business savvy helped her succeed beyond music.

Google Cloud launches a new AI platform, Gemini Enterprise for Financial Services, with Deutsche Bank as an early adopter. The preview-only tool offers over 50 skills and integrates with major data providers to streamline capital-market and corporate-banking workflows.

FE fundinfo has added Irish tax modelling to its Nexus platform for financial advisers in the Republic of Ireland.