Tag: Generative AI

Insurers urged to prioritise data quality over speed in GenAI race

As insurers face growing pressure to meet rising customer expectations, the rush to adopt generative AI (GenAI) tools is putting accuracy at risk, according to M-Files.

IntellectAI launches Magic Placement to transform insurance document comparison with AI

IntellectAI has launched Magic Placement, a new AI-driven tool designed to streamline insurance policy comparison for agents, brokers, and wholesalers.

Why better screening data is vital for compliance in a high-risk...

New research from LSEG reveals that financial institutions and designated non-financial businesses and professions (DNFBPs) are increasingly struggling to manage compliance risks due to...

How SymphonyAI is powering the future of automation with unified data

SymphonyAI, a leader in enterprise AI, is helping firms transform operations through the power of unified namespace technology. By creating a single, centralised source of...

Tietoevry: Generative AI still underused in Nordic enterprises

Despite significant industry buzz around artificial intelligence, Nordic companies remain hesitant to fully embrace its potential. According to a new study by Tietoevry Create, only 17% of IT decision-makers in Finland and Sweden believe AI is currently making a significant commercial impact.

Cybersecurity firm SquareX bags $20m Series A to enhance browser protection

SquareX, a CyberTech pioneering BDR technology, has announced the close of a $20m Series A funding round. The round was led by SYN Ventures, a...

Cloud data security firm Sentra raises $50m to bolster AI-ready protection

Sentra, a US firm known for securing sensitive data across cloud and AI-powered environments, has secured $50m in its Series B funding round. The investment...

AI in insurance underwriting: Overcoming challenges and unlocking value

Artificial intelligence (AI) is having a profound impact on insurance underwriting, transforming long-established processes and significantly improving insurers’ capabilities. From improving risk assessment to...

AI security platform Virtue AI raises $30m to advance GenAI safety

Virtue AI has secured $30m in funding to accelerate its mission to enable safe, secure, and compliant deployment of generative AI technologies. The funding round...

GetReal Security clinches $17.5m in Series A to combat Generative AI...

GetReal Security, a leader in the cybersecurity space, has successfully closed a Series A funding round, securing $17.5m. The round was spearheaded by Forgepoint...

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