Tag: data science

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...

The hybrid actuarial role reshaping insurance pricing

Insurers face a growing dilemma: machine learning promises sharper pricing, yet models must remain explainable, compliant and commercially viable. According to Akur8, the answer...

Why strong pricing models fail before they reach market

A technically brilliant pricing model can still destroy value if it stalls on the way to production, according to InsurTech pricing specialist Akur8. In a...

Akur8: closing the gap between pricing and production

Insurance pricing has a delivery problem. Actuaries can build technically robust models, but before those models generate any real business value, they must navigate...

AI supervision: Cutting false positives the right way

AI-driven supervision tools are now central to modern RegTech strategies, particularly in communications surveillance and misconduct detection. Yet as firms invest in AI to...

Numerai lands $30m to scale AI-powered hedge fund

Numerai, an investment firm that builds its portfolio using machine learning models and crowdsourced data science, has secured fresh capital of $30m.  The investment was...

Why PRAUC is the true test of AML model performance

Determining how effective an anti-money laundering (AML) model truly is has become a major challenge for financial institutions. Research from PwC shows that 90–95% of...

Napier AI joins FCA Supercharged Sandbox

London-based RegTech Napier AI has been selected to join the Financial Conduct Authority’s (FCA) new Supercharged Sandbox, created in partnership with NVIDIA and NayaOne...

US FinTech funding dropped by 13% QoQ in Q1 2025 as...

Key US FinTech investment stats in Q1 2025: US FinTech investments dropped by 13% QoQ in Q1 2025 Average deal value dropped to $27.3m...

Turbine unveils $121m funding to transform liquidity access for private equity...

Turbine Finance, commonly referred to as Turbine, has recently announced a significant financial milestone.

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