Tag: Generative AI

2023 proved to be another difficult year, with many businesses being forced to enter survival mode and clamps were placed on budgets and resources.

2023 was a pivotal year in digital communications governance. In the US, regulatory bodies imposed hundreds of millions in fines, extending their reach from banks to broker-dealers, investment advisers, and credit rating agencies. Similar actions were observed in the UK, with regulatory bodies sanctioning banks and fining firms for non-compliance in trading communications.

Janover Inc., a B2B FinTech marketplace specialising in connecting commercial property borrowers and lenders, has announced the launch of its new InsurTech subsidiary, Janover Insurance Group.

Ushur, a prominent figure in AI-powered Customer Experience Automation™ (CXA), has introduced Ushur Studio, a next generation no-code and generative AI-enabled environment.

As another year draws to a close in the RegTech industry, the sector is peering up at a new unexpected leviathan in its midst – Generative AI. The technology, virtually unknown in the mainstream at the start of this year, has created not just new opportunities but completely new challenges for the industry to grip its teeth into.

Much like consumers in Italy and France, investors in the UK have similar risk profile patterns, and everyoneINVESTED believes its risk profiling solution could become the market standard.

Moody's Corporation, a global integrated risk assessment firm, has launched Research Assistant, a new generative AI-powered tool that supports analytic insights. 

Saifr, a RegTech company, recently took the time to question whether Generative AI will end up making business more or less efficient.

While many see generative AI as the superpowered technology stack that can do everything, it might be better placed to serve as the orchestrator for other systems.

A UK Finance survey has revealed that a majority of UK financial services firms are actively piloting the use of GenAI.