Tag: Machine Learning
Akur8 and Quincy Mutual Group unite to revolutionise insurance pricing strategy
Akur8, a next-generation insurance pricing solution, has partnered with Quincy Mutual Group, a highly esteemed regional mutual insurance company in the United States.
ExtraHop bolsters cybersecurity stance with $100m capital boost for NDR expansion
ExtraHop, renowned for its pioneering work in cloud-native network detection and response (NDR), has secured $100m in growth capital from its existing investors, a deal set to be finalised early in 2024.
Scanbot SDK’s 2023 in review
Scanbot SDK has navigated through a transformative year, brimming with positive changes that have elevated both customer experience and internal developments. Let's delve into the milestones, innovations, and impactful partnerships that have defined the success of the firm in 2023.
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...