Tag: AI

FinTech backer Pilot Growth pulls in $45m to close second fund

Tech-focused growth investor Pilot Growth Management, which uses AI to help source its investments, has pulled in $45m for the final close of its second fund.

Fenergo study claims a fifth of banks believe legacy systems prevent...

A fifth of financial institutions claim outdated technology infrastructures are holding them back from investing in new solutions such as AI, a study from Fenergo claims.

US House Committee on Financial Services unveils new FinTech & AI...

The US House Committee on Financial Services has unveiled a new task force for financial technology and artificial intelligence.

Azur partners with Logical Glue to improve risk analysis for underwriters

Azur, a managing digital agent (MDA) has formed a partnership with Logical Glue to improve risk analysis for underwriters.

CLARA analytics launches AI-based risk management tool

Californian InsurTech CLARA analytics has unveiled a new AI-based toolkit to assist risk managers in evaluating insurance claims. CLARA’s Risk Management Toolkit can be used to...

Cytora said to close £25m funding round to support international growth

Cytora, which uses AI technology to improve underwriting for commercial insurance, has reportedly closed a £25m funding round.

Theta Lake among the 11 companies to make the new FinTech...

RegTech 100 company Theta Lake is one of the new 11 companies to make the FinTech Innovation Lab New York 12-week program.

Slice launches new AI-powered solution to improve risk assessments

On-demand insurance startup Slice Labs has launched its new AI solution which helps companies to improve risk assessments.

Why insurance is not ready for blockchain or AI

Insurance companies need to focus on digitalisation and utilising data’s full potential, before worrying about AI and blockchain technology, according to Insly founder and CEO Risto Rossar.

Appen to acquire Figure Eight in a deal which could reach...

Dataset analysis platform Appen has acquired Figure Eight, a developer of machine learning technology, in a deal which could be worth $300m.

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