Tag: McKinsey & Company

Backbase, the provider of an AI-native banking operating system, has made its Conversational Banking product generally available. The release lets AI agents turn plain-language requests...

Life insurance and annuity marketing is becoming more complex as insurers target new audiences across more channels, creating additional pressure for compliance teams still...

A 1993 New Yorker cartoon showed one dog telling another, "On the Internet, nobody knows you're a dog." The joke has held up rather...

In the fast-moving payments sector, preemptively addressing financial crime is not just crucial; it's essential.

Revolutionizing wealth management: Is hybrid advisory the future?

Emerging from stealth mode, InsurTech company CoverForce has introduced a dynamic suite of products tailored for agency networks, wholesalers, and software firms. The company's objective is to digitise an offline market, offering swift and accurate insurance comparisons and purchases with a single click.

Transitioning from a transaction-based model to a service-enabled platform economy is at the heart of the digital life and health insurance landscape.

The UK's InsurTech sector is displaying great strength in the global market with a substantial enterprise value of around $21bn.

A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).

Cybersecurity firm Praetorian has secured $10m in a Series A round and formed a strategic partnership with round investor McKinsey & Company. The round was...