It has been announced that Neem, an innovative Pakistani FinTech startup, has entered into a strategic partnership with DNI Group.
Velo Labs, a financial technology firm utilising blockchain technology to establish a compliance-first financial system, has secured $10m in its latest financing round.
Databricks, a pioneering unified data and AI platform, has penned a definitive agreement to acquire MosaicML, a renowned GenAI platform.
Certa and Resistant AI, a specialist in AI and machine learning for financial crime prevention, have announced their partnership.
Key UK InsurTech investment stats in Q1 2023:
• UK InsurTech deal activity reached 14 deals during Q1 2023, a 39% drop from Q1 2022
• UK InsurTech companies raised $138m in Q1 2023, a slight 9% drop YoY
• The UK was the most active InsurTech country in Europe during Q1 2023 with 14 deals out of 38 announced in the...
Pioneering a new era in sustainable finance, Crux has successfully procured $4.25m in a rapid seed extension round.
Commercial/Enterprise Insurance
Shaping the future with ChatGPT: Innovation in healthcare and insurance
The recent surge in attention towards generative AI and ChatGPT should not be overlooked. This technology has the potential to revolutionise nearly every industry, offering a multitude of people the chance to engage with AI's transformative capacities.
The importance of Human Rights Due Diligence (HRDD) cannot be overstated. However, there are many questions concerning HRDD that are posed by businesses and customers alike. Tariq Desai, Human Rights Lead at Position Green, recently offered some clarifications and answers to some of these crucial questions. The HRDD is a construct derived from the UN Guiding Principles on Business and...
The global regulatory landscape is increasingly demanding comprehensive record keeping strategies from firms. This focus is escalating as both regulators and firms are investing in technology to remodel their data strategies and manage an expanding spectrum of content. The critical challenge lies in ensuring that content can be captured, preserved, and retrieved in its original form, considering the growing...
The ACAMS Annual AML & Anti-Financial Crime Conference in Hollywood, Florida, is a high-profile event in the anti-money laundering sector, serving as an annual platform for tech companies to demonstrate their solutions to FinTechs and traditional financial services. At this year's conference, Resistant AI, a previous double winner of the PwC Hackathon, showcased its application of artificial intelligence in...
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