Tag: Machine Learning

71% of Investment management firms already use AI in their investment...

A recent report conducted by Mercer in December 2023 – January 2024 surveyed 150 asset management managers from various asset classes. The survey focused...

European InsurTech companies raise over $10bn since 2019

Key European InsurTech investment stats in 2023: • European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year •...

MAXE AI’s innovative approach to investing attracts seed funding from 4Di...

MAXE AI, the pioneering AI investing assistant app, has recently announced a significant milestone in its journey towards transforming the investing experience.

Akur8 and Georgia Farm Bureau join forces for cutting-edge insurance pricing...

Akur8 and Georgia Farm Bureau Mutual Insurance Company have embarked on a strategic partnership, marking a significant leap forward in the insurance pricing sector.

Warwick University’s £1.25m leap into AI and FinTech innovation

The University of Warwick has been endowed with a significant £1.25m donation, earmarked for the groundbreaking FutureFinance.AI Research Group. This initiative, hosted within the prestigious...

UK remains the leading InsurTech hub in Europe as investment nearly...

Key European InsurTech investment stats in 2023: • European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year •...

Levr.ai clinches $1m boost to revolutionise small business lending with AI

Canada-based Levr.ai, the cutting-edge intelligent loans software platform, has successfully raised an additional $1m in seed funding, building on its previous fundraising efforts which have now totalled over $2.5m.

Accertify to provide advanced fraud protection for ASDA’s e-commerce platform

ASDA, a leading retail giant in the UK, has teamed up with Accertify, a subsidiary of American Express, known for its comprehensive fraud prevention solutions.

Verto partners with Resistant AI for groundbreaking document verification

Verto, the innovative cross-border payment platform catering to emerging economies, has announced a strategic partnership with Resistant AI, specialists in AI- and machine learning-powered financial crime prevention.

4 critical AML use cases for AI

The relentless advancement of artificial intelligence (AI) in banking is a game-changer in the ongoing war against financial crime. Financial institutions of every size...

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