Tag: GenAI
Cyber innovator System Two raises $7m to tackle advanced GenAI attacks
System Two Security, a pioneering cybersecurity startup, has successfully secured a $7m funding round. This significant financial injection was spearheaded by Costanoa Ventures, with contributions...
How GenAI Is transforming risk management in financial institutions
A recent study by ORX has highlighted a key trend among financial institutions towards integrating GenAI to bolster data-driven risk management strategies. According to Finextra,...
Sage unveils GenAI tool to transform SMB accounting and productivity
Sage, a global leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), has launched a generative AI tool which is set to support SMB growth.
Canara HSBC Life Insurance debuts Generative AI-driven underwriting solution
Canara HSBC Life Insurance is launching a Generative AI-driven underwriting solution to enhance precision, efficiency, and scalability in life insurance underwriting processes. The product, known...
How AI and enhanced financial education are reshaping wealth management
As the financial industry rapidly adapts to evolving technologies and client expectations, a few critical trends are shaping its future. AI, especially generative AI,...
How agentic AI will transform InsurTech in 2025
The insurance sector is currently faced with a pressing need to enhance accuracy in risk assessment, streamline claims verification, and personalise coverage to meet...
Openkoda unveils new GenAI-powered platform to revolutionise insurance applications
Openkoda, a leading provider of open-source enterprise software, has launched a GenAI-powered platform which is set to revolutionise modern insurance applications. The offering, known as...
SurePath AI raises $5.2m to enhance GenAI governance for businesses
SurePath AI, a pioneering company in the governance of GenAI for enterprises, has announced a substantial $5.2m in seed funding.
Temenos and NVIDIA partner to deliver on-premises generative AI for banks
Temenos, a leading provider of banking software solutions, and NVIDIA have announced a partnership to bring high-performance, on-premises generative AI solutions to banks. The collaboration...
Crux Underwriting selects mea’s GenAI-powered platform to enhance broker service proposition
Specialty MGA Crux Underwriting is set to leverage mea's cutting-edge GenAI-powered platform to elevate its broker service offering. This collaboration aims to significantly reduce the...