Tag: Machine Learning

Akur8, a trailblazing insurance pricing solution utilising transparent machine learning, and Cypress Property & Casualty Insurance Company (Cypress P&C), a well-established insurance firm offering a variety of innovative insurance products, have joined forces.

ASA, an embedded FinTech platform that facilitates a secure and compliant connection between financial institutions and customer-facing FinTechs, has announced a new strategic partnership and investment.

Ennabl, an innovator in the InsurTech industry, with a data analytics platform that empowers insurance brokers and agencies, has announced a successful Series A fundraising round.

Flagright recently shone a light on the topic of fraud detection in FinTech, with a battle against synthetic identity theft ongoing.

AI is undoubtedly a hot topic these days, stirring up discussions everywhere. Can it outperform us in writing? Can it generate art? Is it going to take over our jobs? Interestingly, while AI might exhibit almost human-like abilities and even surpass us in certain tasks, it still falters on simple questions such as the current time or performing basic multiplication. Seems less impressive now, doesn't it?

The UK's Financial Conduct Authority (FCA) recently released a ten-point checklist for companies in anticipation of the new Consumer Duty regulation set to be enforced on July 31, 2023. This regulation marks a pivotal shift in the regulatory landscape, impacting both new and existing services and products available for sale or renewal.

In the data-driven epoch, secure, adaptable, and scalable fraud prevention systems hold immense significance, especially for financial institutions handling sensitive data and massive amounts of money. The scalability of these systems, often overlooked, is crucial not only to handle the present volume of transactions but also to accommodate growth over the upcoming years.

Upp., a burgeoning technology firm based in London, uses AI and ML to redefine online marketing and sales methods for retailers.

Resistant AI, a company leveraging AI and machine learning to secure financial services, has declared the expansion of its Series A funding.

Fennech Financial, the innovative leader in the FinTech sector, has recently announced a successful investment round that brought in £2.3m.