Tag: AI
AI’s double-edged sword: Boosting efficiency or hinderance in disguise?
In a recent post by RegTech firm Saifr, the firm took a deeper dive into conflicting research about the capabilities of AI. The realm of...
Guiding AI development: Four ethical Pillars from the European Commission
In a recent post by RegTech firm Saifr, the firm outlined four ethical principles by the European Commission for developing trustworthy AI.
The role of AI and RegTech in enhancing perpetual KYC practices
In the latest episode of the Fenergo FinTalks podcast, host Dhanum Nursigadoo engages in a thought-provoking conversation with Rory Doyle, Fenergo’s Head of Financial...
Revolutionising fincrime detection: Fenergo CLM & transaction monitoring’s unified approach
The journey of digital transformation has been a critical focus for financial institutions (FIs). While considerable progress has been made in digitising compliance and operational processes, a significant challenge remains: addressing Financial Crime comprehensively.
TIFIN and Franklin Templeton unveil revolutionary employee financial wellness tool
TIFIN, a trailblazer in AI and WealthTech, collaborates with Franklin Templeton, renowned for its global asset management prowess, to launch TIFIN @Work.
UK dominates European InsurTech deals in 2023
Key European InsurTech investment stats in 2023:
• European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year
•...
Ushur launches Studio to bring Customer Experience Automation to business users
Ushur, a prominent figure in AI-powered Customer Experience Automation™ (CXA), has introduced Ushur Studio, a next generation no-code and generative AI-enabled environment.
FinTechs failing to address carbon emissions despite helping others reduce theirs
The urgent need for sustainability is evident, with a staggering 69% of global consumers opting for eco-friendly products and services, as per IPSOS. Amidst this environmental awakening, the FinTech sector, while championing sustainable innovations, must also introspect and mitigate its own carbon emissions.
How AI can enhance KYC offerings
Whilst the prominence of AI has been rising steadily and strong over the last few years, it hasn't been until 2023 that its position in operational practices has skyrocketed.
Accenture expands data expertise with strategic acquisition of Redkite
Accenture, a global professional services powerhouse, has recently announced its acquisition of Redkite, a leading UK-based data consultancy firm.