Tag: AI
How AI transforms KYC into a continuous compliance powerhouse
In the dynamic landscape of anti-money laundering (AML) efforts, financial institutions are facing intensified scrutiny to stay a step ahead of increasingly sophisticated criminal tactics and rigorous regulatory demands.
Tietoevry’s bold commitment to sustainability beyond 2024
Tietoevry, a prominent figure in the tech industry, has made a significant stride towards enhancing its sustainability performance with the introduction of its Sustainability Pledge aimed for 2024 and beyond.
Copilot Money secures $6m in Series A funding to revolutionise personal...
Copilot Money, a burgeoning FinTech startup, has announced a significant milestone in its growth journey, securing $6m in Series A funding.
Clearcover launches GenAI insurance tool to expedite claims processing
Clearcover, the next-generation car insurance company, has announced the launch of its revolutionary generative AI solution.
One in four Financial Institutions plans to invest in third party...
As financial services organizations transition from proof of concept to real-world impact with AI projects, there is a growing consensus to continue investing. Key...
US leads historic UN Resolution to democratise artificial intelligence
The United States has taken a pioneering role at the United Nations with its proposal for the first-ever resolution focused on AI.
European InsurTech companies raise over $10bn since 2019
Key European InsurTech investment stats in 2023:
• European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year
•...
WealthFeed secures $2m to launch its direct-to-advisor AI-powered money-in-motion platform
WealthFeed, a pioneering AI-powered organic growth platform for Financial Advisors, has announced the closure of a $2m funding round which is set to help drive the platform's growth initiatives.
How to avoid failure when implementing GenAI
In today's rapidly evolving digital landscape, leveraging cutting-edge technologies like Generative AI (Gen AI) holds immense potential for businesses. However, ensuring success with Gen AI implementation within Enterprise Resource Planning (ERP) systems comes with its own set of challenges and considerations.
How AI is transforming InsurTech
As AI continues its ascent as a transformative force in the business landscape, the InsurTech sector has found itself as the latest realm aiming to tap into its remarkable potential. FinTech Global recently spoke to a host of industry experts in a bid to unravel the profound impact AI is poised to have on the space.