Fabric, a leading player in omnichannel retail technology, has partnered with Amazon Web Services (AWS) to improve commerce for omnichannel retail.  Fabric provides a composable platform that orchestrates the commerce order lifecycle, from product information management to real-time inventory and order fulfillment. The collaboration between Fabric and AWS aims to revolutionize the retail sector by...Read More

The next significant development in artificial intelligence (AI), referred to as “agentic AI,” represents a crucial evolutionary step for technology within the finance sector and beyond. According to Saifr, these artificial intelligence systems are distinguished by their ability to act autonomously and make independent decisions in dynamic environments. Unlike robotic process automations which perform repetitive tasks,...Read More

Insurity has partnered with Gain Life to become the first major claims system to offer a fully integrated claims communication platform. The collaboration aims to address key challenges faced by insurers, including the high administrative workload involved in claims processing and the limited capacity of claims professionals to provide client support. Through this partnership, Insurity seeks to revolutionise...Read More

Sedric AI, a leading innovator in AI-driven compliance solutions for financial institutions, announced today that it has successfully secured $18.5m in Series A funding. The funding round was spearheaded by Foundation Capital, with significant contributions from Amex Ventures and further support from existing investors including StageOne Ventures and The Garage. This investment brings Sedric AI’s...Read More

Cisco, a leader in IT, networking, and cybersecurity solutions, has announced its acquisition of Robust Intelligence, an AI security company. According to CTech, founded by Israeli mathematician Professor Yaron Singer, Robust Intelligence specialises in the protection of AI models across their lifecycle. The acquisition aims to enhance Cisco’s AI security capabilities. Although the purchase amount was...Read More

Treasury Prime has announced its latest collaboration with Kobalt Labs, a firm specializing in AI-powered compliance solutions. Kobalt Labs, known for its robust copilot platform for risk and compliance teams, has joined the Treasury Prime Partner Marketplace, marking a significant enhancement in the embedded banking sector. The partnership has been formed to address the increasing compliance...Read More

ZestyAI, the leading provider of climate and property risk analytics solutions, has unveiled its newest solution, designed to address the increasing frequency and severity of non-weather water and freeze claims. This trend, driven by factors such as rising building material and labour costs, and the interconnected nature of modern homes, has made accurate risk assessment...Read More

SymphonyAI has unveiled a cutting-edge Entity Resolution system designed specifically for the financial sector. This innovative solution tackles common industry issues such as duplicate records, inconsistent data quality, and fragmented information, which are often exploited by financial criminals. Here’s a closer look at what this system offers. The cornerstone of this technology is the ‘Single Customer...Read More

Five Sigma, a prominent AI claims management software company, has introduced the insurance industry’s first AI-powered Insurance Adjustment Agent, Clive™. This innovation is set to transform claims processing by using artificial intelligence and automation to boost efficiency, accuracy, and reduce costs, according to InsurTech Insights. Clive™ provides extensive automation capabilities throughout the entire claims lifecycle, from...Read More

Xapien, a pioneering AI due diligence provider, announced today its successful $10m Series A funding round, led by YFM Equity Partners. The investment elevates Xapien’s total funding to $17.8m. With this new capital, Xapien is set to continue revolutionizing the way businesses conduct due diligence. The company’s plans include accelerating the development of its advanced...Read More