Navigating AI hype: Precision LLMs transforming risk management
In the rapidly evolving sectors of finance and governance, managing risk amidst vast, global networks of individuals and organizations is crucial. Leaders tasked with overseeing institutional risk exposure are increasingly looking towards innovative solutions to balance growth and risk management effectively. Enter Large Language Models (LLMs) like GPT-4 – the new frontier in AI, sparking a revolution in fields such as natural language processing (NLP). Despite the inherent risks associated with emerging technologies, the potential of LLMs to significantly contribute to future risk assessment products is becoming increasingly evident.
Deutsche Bank ESG revenues set to surpass €1bn per year
Deutsche Bank has unveiled an estimate today that its revenues from ESG business will grow to around €1.4bn per year, ahead of €800bn secured last year.
Amynta Group to acquire MGU Ambridge Group
Amynta Group, a premier insurance services company, is to acquire Ambridge Group, a Managing General Underwriter (MGU), for $400m.
The evolution and future of customer ID verification in the digital age
RegTech firm Flagright recently took a deep dive into the topic of customer ID verification and how it is changing in the digital age.
Todyl secures $50m in Series B to bolster SMB cybersecurity efforts
Todyl, a leading security and networking firm, has recently announced a significant milestone, securing a $50m Series B funding round.
Young Brits turn to BNPL for Christmas spending amid financial strain
Creditspring's research reveals a reliance on BNPL services among young people in the UK, particularly for managing Christmas expenses.
Preqin debuts ESG fund performance benchmarks to refine private market analyses
Preqin, a global leader in alternative assets data, tools, and insights, announced today the launch of its ESG fund performance benchmarks.
NSA veteran Chris Inglis steps down as US cyber head
Chris Inglis, the US government’s first National Cyber Director, has retired from government and has officially left his position.
ESA’s further enhance sustainability disclosures in finance
Intercontinental Exchange Triumphs in $155m Black Knight Software Suit
Home insurer Hippo launches specialised product for homes under construction
Hippo, a home insurance group focused on proactive home protection, has expanded its channel with the launch of the Hippo Builder Insurance Agency (HBIA).