Sector Updates

Akur8, the actuarial AI platform operating on a global scale, has seen its cloud-based insurance rating engine, Deploy, awarded Luminary status by research and...

Artificial intelligence (AI) is becoming increasingly common in commercial lending, but banks adopting these tools risk overlooking a fundamental weakness: models can produce convincing...

ZestyAI, a San Francisco-based InsurTech offering a risk decision platform to insurers, has secured regulatory acceptance in Minnesota and Maryland for Z-WATER, its AI...

A7, a Russia-linked cross-border payments network, has channelled billions of dollars through major international banks, exposing weaknesses in sanctions screening and raising questions about...

JMR Infotech, a worldwide supplier of banking technology and digital transformation services, has completed a compliance platform upgrade for Ethiopian lender Abay Bank. According to...

Synctera, the embedded finance and banking as a service (BaaS) platform, has raised $24.5m in new funding as sponsor banks renew their interest in...

Prolific Banking has launched a new developer portal and API offering to help banks meet growing demand from commercial clients for direct integration with...

Birbank is expanding its digital services beyond banking after partnering with CineMastercard to bring cinema ticket bookings directly into its mobile app. Bir, the integrated...

Artificial intelligence is evolving at a break-neck speed. The technology is on what feels like an exponential growth curve, being implemented across businesses’ operations...

Compliance and security teams face the same question from customers, boards and regulators: who is accountable for AI, and where is the evidence? ISO/IEC...