Tag: AI

Integration is the biggest hurdle for AI technology in the banking and payment industries, according to 41% of financial and treasury professionals in new Bottomline Technologies study.

DreamQuark, an AI application developer for the insurance and banking industry, has closed a funding round which will enhance its European growth.

Banks, insurance companies and capital firms are some of the businesses that could save hundreds of billions through automation and artificial intelligence.

Despite nearly all commercial banks using AI, only 19% are using the technology holistically across the enterprise, according to a study from Genpact.

Gong, an AI-powered revenue management platform, has bagged $65m in its Series C round which will help it meet rising market demand.

Building a communication monitoring platform which leveraged AI and machine learning from the ground up and covered the full spectrum of voice, video, chat, and text based communication was essential in the creation of Theta Lake.

AI technology developer SparkCognition has scored $100m in a new funding round which was led by March Capital Partners.

Flowcast, which leverages AI technology to make smart credit decisions, has secured $3m in Series A funding. ING Ventures and BitRock Capital led the round,...

Insurmi, a conversational AI solution for insurance carriers, has scored $1m in funding to accelerate its market expansion.

AI-powered fraud detection and claims automation company Shift Technology has joined the Guidewire PartnerConnect as a solution provider.