Tag: data strategy

AI in banking: data and skills gaps threaten returns

Banks are accelerating AI adoption, but weak data foundations and limited workforce reskilling could prevent financial institutions from turning widespread deployment into meaningful returns. According...

Exploring the perpetual KYC model: Advantages and hurdles in crime prevention

In the financial sector, the introduction of perpetual Know Your Customer (pKYC) practices marks a significant pivot from traditional methods such as KYC. According to...

Why Excel no longer makes the cut in modern insurance pricing

The insurance sector is grappling with a pricing tool dilemma. A significant 81% of insurers express doubts regarding the effectiveness of their current pricing technologies. One of the main culprits? Excel.

Navigating the Future: Aviation’s Transformation through Insurance

The aviation sector, with its rich tapestry of innovations and challenges, has always mirrored the intricacies of our rapidly evolving world. From major incidents like 9/11 and the subsequent geopolitical challenges, to facing global health crises such as the COVID-19 pandemic and the growing demands of climate action, aviation has consistently proven its resilience.

120,000+ FinTech leaders get exclusive industry stories delivered every week