PayTech

Visa is launching an AI-powered solution to fight the risk of fraud facing financial...

As billions of data records have been stolen through the years, payment giant Visa has announced a new tool in the fight against fraud.

Online payment technology developer SYNQA closes $80m Series C

Thailand-based SYNQA, which designs online payment and blockchain technology, has raised $80m in its Series C round.

Global online micro-transaction market to be worth $37.61bn by 2030 because of Covid-19

The micro-transaction market is set to skyrocket in the next ten years because more people turn to gaming as part of them coping with the coronavirus, according to new research.

31 investment rounds that show the state of the FinTech industry

From Monzo's seeing its valuation plummet to Checkout.com becoming one of Europe's most valuable FinTechs, the last week has been full of funding rounds that could cause big waves in the sector.

Wirecard’s CEO leaves company after search for missing €1.9bn hits a dead end

The Wirecard scandal sweeping across the European FinTech space intensified over the weekend with CEO Markus Braun leaving the company as the board says the missing €1.9bn ($2.1bn) "do not exist."

Could Checkout.com just have become Europe’s most valuable FinTech startup after tripling its valuation...

London-headquartered Checkout.com has just raised a $150m Series B funding round that saw it triple its valuation to $5.5bn, making it one of Europe's...

FinTech giant Wirecard in deep trouble after $2.1bn goes missing

German Wirecard saw its shares plunge by as much as 60% after the payment company revealed that €1.9bn ($2.1bn) was missing just as it was about to file its financial statements for 2019.

One Equity Partners appoints former CEO of controversial FinTech startup Mozido as new operating...

The former boss of beleaguered mobile payments and commerce company Mozido has joined private equity firm One Equity Partners as its new operating partner.

Mobile app flaws could leave half of mobile banks at risk of fraud

Over half of bank mobile apps could leave companies and their clients exposed to fraud, according to a new report.

Demand for secure payments drive the global smart card market to be worth $75bn...

New research suggests that the value of the global smart card market could grow to reach $75bn by 2026.

News Stories

Zurich Insurance Company has announced a host of new leadership appointments within its Asia-Pacific (APAC) commercial insurance division.

Zurich Insurance strengthens APAC leadership team

Zurich Insurance Company has announced a host of new leadership appointments within its Asia-Pacific (APAC) commercial insurance division. Robin Cooper-Driver has been appointed as head...
Sigo Seguros, a car insurance startup focused on underserved communities, has raised $10.5m in a Series A funding round.

Sigo Seguros bags $10.5m to expand car insurance offerings

Sigo Seguros, a car insurance startup focused on underserved communities, has raised $10.5m in a Series A funding round.
Automation and artificial intelligence (AI) are transforming industries worldwide, and the insurance sector is no exception. For insurance companies, efficiently handling claims and processing large volumes of customer inquiries is a crucial aspect of maintaining customer satisfaction and operational excellence. As the volume of claims increases, insurers are under pressure to find solutions that not only streamline workflows but also improve accuracy and reduce response times. This is where companies like Simplifai can make a difference. 

How Simplifai can step-up your insurance claims management

Automation and artificial intelligence (AI) are transforming industries worldwide, and the insurance sector is no exception. For insurance companies, efficiently handling claims and processing large volumes of customer inquiries is a crucial aspect of maintaining customer satisfaction and operational excellence. As the volume of claims increases, insurers are under pressure to find solutions that not only streamline workflows but also improve accuracy and reduce response times. This is where companies like Simplifai can make a difference. 
US RegTech funding growth Q2 2024 driven by $100m deals Norm AI $27m Series A

US RegTech funding grew by 15% in Q2 driven by deals over $100m

Key US RegTech investment stats in Q2 2024: US RegTech investments grew by 15% as larger deals increase due to increasing regulatory complexity and...
As the insurance industry rapidly modernises, actuaries are becoming integral to shaping and executing strategic growth plans. With a focus on enhancing risk management, leveraging advanced technologies like AI, and optimising decision-making processes, actuaries are driving innovation across the landscape. Their expertise is crucial in adapting to industry changes and achieving long-term business objectives, underscoring their pivotal role in the future of insurance strategy.

How actuaries shape insurance strategy

As the insurance industry rapidly modernises, actuaries are becoming integral to shaping and executing strategic growth plans. With a focus on enhancing risk management, leveraging advanced technologies like AI, and optimising decision-making processes, actuaries are driving innovation across the landscape. Their expertise is crucial in adapting to industry changes and achieving long-term business objectives, underscoring their pivotal role in the future of insurance strategy.

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