Tag: Artificial Intelligence
Beyond hype and armageddon: How AI is shaping the financial services...
In a world that is constantly evolving, AI is proving to to be one of the biggest change-makers. How is it shaping finance?
Tractable secures $65m in Series E to revolutionise InsurTech with AI
Tractable, an established leader in the application of artificial intelligence (AI) to assess the condition of cars and properties, has just announced its latest fundraising success.
Why AI has a transformative role in decoding beneficial ownership structures
The role of AI has ballooned in recent years, and the recent introduction of GenAI platform ChatGPT has seen the sector soar further.
Harnessing AI for compliant communication ahead of FCA’s Consumer Duty
The UK's Financial Conduct Authority (FCA) recently released a ten-point checklist for companies in anticipation of the new Consumer Duty regulation set to be enforced on July 31, 2023. This regulation marks a pivotal shift in the regulatory landscape, impacting both new and existing services and products available for sale or renewal.
Key considerations for scaling fraud prevention systems
In the data-driven epoch, secure, adaptable, and scalable fraud prevention systems hold immense significance, especially for financial institutions handling sensitive data and massive amounts of money. The scalability of these systems, often overlooked, is crucial not only to handle the present volume of transactions but also to accommodate growth over the upcoming years.
Next-gen corporate banking platform Fennech secures £2.3m
Fennech Financial, the innovative leader in the FinTech sector, has recently announced a successful investment round that brought in £2.3m.
AI trust deficit in advanced digital economies: Insights from Swiss Re...
Swiss Re Institute's recent analysis reveals that countries leading in digital advancements are likely to harbour lesser trust in artificial intelligence (AI) technology.
HSBC pioneers AI-backed ESG Index for sustainable investment boost
HSBC, in partnership with Arabesque AI, has announced the launch of a pioneering ESG Index backed by artificial intelligence (AI).
Driving growth in WealthTech: The critical role of adaptive IT architecture
The WealthTech landscape is undergoing constant transformation. A significant driver of this change is the influx of younger customers due to the great wealth...
Eagle Eye Networks and Brivo secure $192m boost from SECOM
Eagle Eye Networks and Brivo, two independent companies leading the charge in cloud video surveillance and cloud-based access control respectively, have announced a significant investment deal.