Tag: Machine Learning
UK dominates European InsurTech deals in 2023
Key European InsurTech investment stats in 2023:
• European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year
•...
Redactable’s innovative AI redaction platform secures $5.5m in seed funding
Redactable, an AI-driven web application designed for redacting sensitive documents, has successfully secured $5.5 million in seed funding. This significant financial boost was led by...
The rise of money mules in UK fraud: Prevention and detection
Fraud in the UK has become a significant concern, with 40% of crimes being fraudulent. Money muling is at the forefront, where fraudsters utilise synthetic or real mule accounts for financial gain. The UK government, recognizing the seriousness, plans to publish an action plan to combat this issue.
Custodia’s CC1 Service: Revolutionizing communication compliance in the era of hybrid...
The Central Bank of Ireland recently conducted a Conduct Risk Assessment of Telephone and Electronic Communications in the securities market. This crucial assessment aimed to evaluate compliance with the Markets in Financial Instruments Directive (MiFID II), especially Article 16(7), which mandates firms to prevent the use of unauthorised communication.
Revolutionising conveyancing: AI-driven efficiency and compliance
Conveyancing, the legal transfer of property or land ownership, is a critical and complex process handled by licensed conveyancers. They manage everything from initial...
EBANX unveils new payment innovations for emerging markets
EBANX, a pioneering global technology firm that specialises in payment solutions tailored for rising markets, has released a new a new product series.
Afterpay and Rokt unite to revolutionise e-commerce with personalised checkout experiences
Rokt, a leader in e-commerce technology known for utilizing machine learning and AI to customise shopping experiences, has teamed up with Afterpay, a renowned...
Lynx gets its paws on €17m in Series A led by...
Lynx, which focuses on detecting and preventing fraud and financial crimes, has closed its Series A funding round on €17m.
Cyble raises $30.2m in Series B to bolster AI-driven cybersecurity...
Cyble, a rapidly growing firm in the cybersecurity sector, recently announced the successful completion of its expanded Series B funding round.
Akur8 and Guidewire launch groundbreaking accelerator for P&C insurers
Guidewire and Akur8 have introduced a groundbreaking accelerator designed to streamline pricing processes within the insurance industry.










