Building with generative AI throws up no shortage of technical hurdles — but according to one senior figure in the regulatory technology space, the greatest challenge has nothing to do with model selection, data quality, or infrastructure. It is the simple act of saying no.
That is the view of the head of innovation lab at Zeidler Group, who posed...
Financial analytics firm Prometeia is deepening its footprint in the Spanish market, targeting the country's rapidly growing wealth and asset management sector with a suite of data, automation, and artificial intelligence-driven solutions. Spain's wealth and asset management industry has seen considerable momentum in recent years, with investment advice and discretionary portfolio management revenues on the rise, and investment fund assets...
The best WealthTech software goes unnoticed — until it doesn't. Advisors toggling between multiple systems to find the same client data, status changes vanishing without a trace, and clients confronted with stale portfolio figures are all signs of a platform falling short. Fincite's latest update to its fincite • cios platform directly targets these everyday frustrations with three new...
The most significant reform to the Dutch pension system in recent memory — the Wet toekomst pensioenen (Wtp) — has entered its decisive phase. And according to supervisory guidance, sector publications, and monitoring reports, the real challenge is no longer planning. It is implementation. Kidbrooke, a unified platform for next-generation wealth experiences, recently delved into how Dutch life insurers can...
Australia’s financial institutions are entering a critical period as major anti-money laundering and counter-terrorism financing reforms approach implementation. The regulatory framework is shifting rapidly, while technology, customer expectations, and financial crime threats continue to evolve.
According to SymphonyAI, these changes will force financial crime leaders to rethink how they manage risk, compliance, and collaboration across the sector. The company recently...
Seven in 10 (72%) people say fraud and scam attempts are becoming more convincing, as criminals increasingly use artificial intelligence to enhance their tactics, according to new research from global payments provider emerchantpay.
The growing use of AI by fraudsters is making scams harder to detect, with 56% of respondents believing AI is making fraud more difficult to identify.
Overall, half...
In Quentin Tarantino’s 1994 cult classic Pulp Fiction, when a situation deteriorates beyond control, everyone knows you call The Wolf. Arriving without the slightest hint of panic, he surveys the damage with practised calm and begins issuing instructions. Within minutes, chaos has been reduced to a sequence of manageable decisions. Insurance has long relied on people capable of performing...
Akur8, the AI-driven actuarial platform, has been selected by Occident, one of Spain’s leading insurance groups, to enhance pricing capabilities across its non-life business lines.
Built specifically for insurers, Akur8’s pricing platform uses transparent machine learning technology to streamline actuarial workflows, enabling faster model development, improved transparency and more data-driven pricing decisions.
Occident currently serves more than 4.7m policyholders across Spain,...
Pan-American Life Insurance Group (PALIG) has launched an online claims submission portal for life insurance beneficiaries as part of its digital transformation strategy.
Developed in partnership with Swiss Re, the portal allows beneficiaries to submit life insurance claims digitally, aiming to streamline claims intake, improve submission accuracy and speed up processing during what is often a difficult time for customers.
The...
AI underwriting platform Kalepa has appointed Audrey Howell as Head of Product to lead product strategy and innovation across its insurance technology platform.
In the role, Howell will oversee the company’s product vision and development, focusing on advancing AI-driven automation, risk intelligence and portfolio management capabilities for insurers.
Kalepa said the appointment supports its goal of expanding the use of professional-grade...
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