ChatGPT revolution: Reshaping the future of financial advice
Aveni CEO Joseph Twigg and lead NLP engineer Iria Del Rio recently discussed the meteoric rise of ChatGPT and other large language models, the forces that have led us to this point, and what it signifies for the world of financial advice and services.
InScope secures $4.3m to revolutionise financial reporting and auditing
InScope, a newly launched FinTech company, has successfully raised $4.3m to expand its innovative financial reporting and auditing platform.
Beazley’s streamlined MiscMed product set to revolutionise medical liability insurance
Specialist insurer, Beazley, known for its operations in Europe, United States, Canada, Latin America and Asia, has launched its updated Miscellaneous Medical Liability insurance product, dubbed MiscMed, into the US and London markets.
Harnessing the promise of AI for real-time compliance management
Time-tested, established methods form the backbone of effective compliance programmes, according to AI RegTech Saifr.
Atain leverages Sapiens’ technology for P&C insurance process modernisation
Sapiens International Corporation, a gobal software solutions provider for the insurance industry, has partnered with Atain, a leading property and casualty (P&C) insurance company.
TNFD & EFRAG Standardize Sustainability
The TNFD and the EFRAG have unveiled a comprehensive correspondence mapping between the ESRS and TNFD's disclosures and metrics.
BlackRock veteran Patrick Olson takes the reins as ACA CEO
ACA Group, a governance, risk, and compliance (GRC) firm within financial services, has announced the appointment of Patrick Olson as CEO.
Monzo introduces groundbreaking security features to combat UK fraud rise
Monzo, the leading digital bank in the UK, recently introduced three innovative security controls—Known Locations, Trusted Contacts, and Secret QR Codes—aimed at bolstering fraud...
Tackling account takeover fraud: Detecting signs and implementing prevention strategies
In a recent post by Alessa, the company detailed how businesses can tackle account takeover fraud and ways to detect signs of it.
Mastering the underwriting process: How to avoid common pitfalls
In the high-pressure world of insurance underwriting, falling into autopilot is an easy yet dangerous trap. This risk is heightened when underwriters face a continuous stream of similar accounts, leading to quick decision-making that might overlook critical details.