InsurTech Tractable to speed up disaster recovery in Fiji using AI
InsurTech Tractable, has partnered with The UN Capital Development Fund (UNCDF), to bring the speed and accuracy of artificial intelligence (AI) to disaster recovery in Fiji.
Gensler highlights climate reporting challenges for US firms under EU directives
Gary Gensler, the US SEC chair, has issued a warning about the implications for thousands of US firms in the absence of domestic climate reporting rules.
Searches for ‘savings account’ explode by 301%
Google searches for ‘savings account’ have exploded by 301% above the average in October 2022 – reaching the highest level in five years.
EU’s battle against money laundering strengthens with AMLA agreement
The European Parliament and Council have reached an agreement on the establishment of an Anti-Money Laundering Authority (AMLA).
MEMIC selects Gradient AI for workers’ compensation underwriting
Insurer MEMIC has selected Gradient AI, a provider of artificial intelligence (AI) solutions in the insurance industry, to bolster its underwriting for workers’ compensation policies.
The role of regulation for AI as it changes risk and compliance
Moody's Analytics recently dug deeper into the role AI regulation will play as the technology changes risk and compliance.
Amazon rolls out online insurance store to streamline home insurance
US e-commerce giant Amazon is rolling out its online insurance store for UK customer shopping for home property coverage.
Understanding the instant payment fraud challenge for banks
The financial landscape is witnessing a seismic shift with the advent of instant payments, known as real-time payments (RTP). In a recent post by Hawk...
Saudi Arabia-based Tweeq gets e-money licence
Saudi Arabia-based Tweeq, which aims to help consumers manage their money, has received an e-money licence from the Saudi Central Bank (SAMA).
Quiet first week of 2024 with 11 deals recorded
As we enter the new year of 2024, there are new possibilities and opportunities in the FinTech space for firms to attract new funding.