Tag: NLP

How AI slashes ESRS compliance time by 50% for sustainable reporting

As sustainability reporting becomes more demanding, companies face significant challenges in gathering, organising, and producing reports.

How Red Oak is revolutionising compliance with AI-driven solutions

Artificial Intelligence (AI) is revolutionising various industries by offering technologies that enhance speed, quality, and efficiency. The financial compliance sector is particularly benefiting from...

The evolution of AI in data science: How LLMs are changing...

The rapid advancements in artificial intelligence, particularly in language model technology, are reshaping the data science landscape.

Revolutionising AML compliance with AI-driven KYB strategies

AI-enhanced KYB is now revolutionising the traditional, often manual due diligence methods seen in the industry RegTech firm RelyComply has recently discussed. 

How Theta Lake and Webex Calling are simplifying voice compliance

In today's fast-paced digital landscape, financial services organisations face the dual challenge of maintaining regulatory compliance while ensuring efficient communication. The integration of Theta...

How AI transforms KYC into a continuous compliance powerhouse

In the dynamic landscape of anti-money laundering (AML) efforts, financial institutions are facing intensified scrutiny to stay a step ahead of increasingly sophisticated criminal tactics and rigorous regulatory demands.

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 •...

CLARA Analytics raises fresh funding from Nationwide Ventures

CLARA Analytics, a leading AI as a service (AIaaS) provider focused on transforming casualty claims outcomes, has recently announced a significant financial boost.

Navigating AI hype: Precision LLMs transforming risk management

In the rapidly evolving sectors of finance and governance, managing risk amidst vast, global networks of individuals and organizations is crucial. Leaders tasked with overseeing institutional risk exposure are increasingly looking towards innovative solutions to balance growth and risk management effectively. Enter Large Language Models (LLMs) like GPT-4 – the new frontier in AI, sparking a revolution in fields such as natural language processing (NLP). Despite the inherent risks associated with emerging technologies, the potential of LLMs to significantly contribute to future risk assessment products is becoming increasingly evident.

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 •...

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