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Showing 1 - 10 of 391 results for "Artificial intelligence"

Otivo launches AI-powered financial advice

MATTHEW WAI  |  THURSDAY, 4 JUN 2026
Otivo has launched a mobile app for Australians to access licensed advice powered by artificial intelligence (AI). The app is Australia's first licensed advice platform on mobile and operates under Otivo's Australian financial services licence ...

Pengana raises $150m for AI-focused LIT

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
... Group says it has already raised $150 million for a yet-to-list fund that targets private companies in the artificial intelligence (AI) space. The cornerstone funding round raised $150 million, exceeding the initial target amount of $100 million. Pengana ...

US and Aussie shares 'incredibly divergent': UniSuper

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
The artificial intelligence (AI) investment boom continued to drive US equity markets higher in May, while Australian shares delivered comparatively modest gains amid weaker earnings outlooks and pressure on the banking sector, according to UniSuper ...

ASIC cannot afford to stand still: Longo

VINNY VUCAGO  |  MONDAY, 1 JUN 2026
... reducing regulatory complexity and adapting to technological change as key priorities for the regulator. Artificial Intelligence (AI) emerged as a major focus, with Longo describing technology as both a challenge and an opportunity for ASIC. He said ...

Asset owners staying invested in the US: Morningstar

RIDDHIMA TALWANI  |  MONDAY, 1 JUN 2026
... approach to address continued global market volatility, policy uncertainty and the disruptive impact that artificial intelligence (AI) is having on markets. Their focus is largely strategic and long-term oriented, with growing engagement in private markets ...

ASIC flags stronger fintech collaboration

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
... ASIC chair Joe Longo has signalled a more collaborative and innovation focused regulatory approach as artificial intelligence (AI), tokenisation and digital assets rapidly transform Australia's financial service sector. Speaking at the Tech Council of ...

Bridgewest Ventures lands in Australia

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... fund. Founded in 2020, Bridgewest Venture invests in the sectors of life sciences, medical technology, artificial intelligence (AI), advanced materials and clean technology that operate across New Zealand and Australia. John van der Wielen was hired ...

ASIC backs Australia's fintech edge as AI reshapes financial services

VINNY VUCAGO  |  FRIDAY, 22 MAY 2026
... Commission (ASIC) believes Australia is well placed to capitalise on accelerating financial innovation, as artificial intelligence (AI), digital finance and regulatory technology become increasingly embed across the financial system. New research commissioned ...

Feature: Private credit | The fine print

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
... credit. "Private credit, public credit and private equity are going to get surprises when they find out artificial intelligence can do things they didn't expect it to be able to do for them," she says. Amid a shortage of housing in Australia, Lockhart ...

APRA sharpens oversight, flags tech and geopolitical risks

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
... intensified its supervision of superannuation trustees, insurers and banks as geopolitical instability, rapid artificial intelligence (AI) adoption and growing complexity in global markets reshape the financial risk environment. In its latest System ...
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