An industry once viewed by the general populace as a haven for criminals and online scammers, and still somewhat marred by fractious in-fighting, Bitcoin and blockchain are gradually casting off their outdated negative reputation; as the focus shifts to the increasing number of applications for the innovative technology at its heart.

StructureFlow, a tech start-up helping lawyers and finance professionals quickly and easily visualize complex legal structures and transactions, has been officially unveiled.

The brainchild of former corporate lawyer, Tim Follett, StructureFlow was developed to address the frustrations he felt trying to visually model complex legal structures and transactions using tools that weren’t up to the task.

Global analytics and decision management provider FICO has partnered with OpenWrks – a leading provider of Open Banking based digital engagement applications. Under the partnership, which initially serves the UK market, FICO plans to combine OpenWrks financial budgeting and conversational AI technology with FICO’s market-leading integrated collections and omni-channel platform to assist creditors in making the most appropriate customer decisions during the crisis and beyond.

Why it really matters for small for medium-sized enterprise (SMEs) to choose the right payments services provider.

As Artificial Intelligence (AI) and digital transformation find their way into every aspect of our daily lives, we are gradually seeing changes taking place in different sectors. Progressively, AI is permeating the insurance value chain and it is set to significantly transform the industry. In product development, AI is enabling insurers to create more profitable and effective products based on insights from past claims and product uptake in the market. Underwriters are also using AI to assist in creating a better understanding of risk for new and underserved markets.

With most of the banks in the region using outdated technology and struggling to meet the increasing demand for online banking during the pandemic, fintech innovation is key to ensuring the Middle East stays ahead in this digital age. Innovations in the sector, including cloud-based platforms, AI and facial recognition, are disrupting traditional banking models, with innovative fintech startups in the ME and North Africa region (MENA) expected to reach 1,845 by 2022.

IronFX has chosen Mumbai to accommodate its ongoing R&D efforts, aiming to create transformative technologies for forex traders around the world, including unique withdrawal solutions, mobile trading platforms, and advanced customisation features. They will be joining a long list of international companies utilising the ecosystem in Mumbai to drive innovation and growth.

Element AI, a global developer of artificial intelligence-powered (AI) solutions and software, today announced a new collaborative relationship with the Veritas Consortium led by Monetary Authority o