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Renaissance Insurance Teams up with Mains Lab to Incorporate AI Technologies to Calculate Damages when Handling Motor Insurance Claims – a First for Russia

Renaissance Insurance handles hundreds of insured events every day, and one of the essential elements of this process is calculating damages to vehicles. Up until now, only experts – Company employees or contractors making independent assessments – were involved in calculating damages. This ensured that the calculations were of high quality, but there were always certain limitations when it came to the speed and cost of making these calculations. 

Tuesday, October 26, 2021 - 12:25
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Financial IT
40% of UK Businesses still Using Spreadsheets for Finance Function

- UK Finance departments slow to adopt digital transformation despite acknowledging that manual processes lead to critical errors -

Research into UK SME finance and accounting departments has exposed the sheer lack of digital tools currently used, with just one in five (20%) having adopted the use of automated invoice processing and 39% are still using Excel spreadsheets and manual processes. 

Tuesday, October 26, 2021 - 12:09
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Financial IT
M1 Finance Selects the Temenos Banking Cloud to Power its Finance Super App™

A leading US personal finance platform selects Temenos technology to power its Invest, Borrow and Spend products for its hundreds of thousands of clients                                                                                                    Temenos (SIX: TEMN), the banking software company, today announced that M1 Finance, the Finance Super App™, has selected The Temenos Banking Cloud.

Tuesday, October 26, 2021 - 11:40
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Financial IT
Mastercard Introduces Accessible Card for Blind and Partially Sighted People

2.2 billion people around the world have visual impairments

Unique notches on the Touch Card’s short side allow the person to distinguish it between a credit, debit or prepaid card

Tuesday, October 26, 2021 - 11:18
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Financial IT
Blockchain-based Memorial Platform will Enable Users to Preserve Memories of Loved Ones

Soft spot in the digital revolution: Dubai-based startup Stonses launches platform that enables users to preserve memories of loved ones

Tuesday, October 26, 2021 - 11:13
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Financial IT
Segmint Issues A Plea To Financial Institutions: Leverage Your Data To Boost Financial Wellness

FIs can now leverage Financial Health KLIs to identify and assist their account holders experiencing a wide variety of financial hardships.

Tuesday, October 26, 2021 - 11:00
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Financial IT
Artificial Intelligence set to Power the ‘Bank of the Future’ According to New Report

A new report from  Mambu and Google Cloud shows AI will power personal customer experiences in the digital financial revolution

Tuesday, October 26, 2021 - 10:36
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Financial IT
TripleBlind Accelerates Data Sharing Capabilities of Alternative Data Platform Eagle Alpha through New Partnership

TripleBlind, the private data sharing company that offers proprietary cryptographically-enforced data privacy solution, today announced a new partnership with Eagle Alpha, the pioneer connecting the universe of alternative data.

Tuesday, October 26, 2021 - 10:28
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Financial IT
Furlough Fatigued: Uk’s Overworked Finance Teams Must Now Prepare for Mass Job Exodus
  • With furlough ended, new research reveals that over half (54%) of Finance Managers and Directors are applying for new roles or considering leaving their jobs
  • Mental health also at all-time low with over a third (36%) experiencing burnout or exhaustion
Tuesday, October 26, 2021 - 10:19
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Financial IT
CoinSwitch Kuber Appoints Krishna Hegde to Drive Expansion Beyond Crypto

CoinSwitch Kuber, India’s largest and most valued crypto platform, has announced the appointment of Krishna Hegde to its leadership team as Senior Vice President – New Initiatives. Hegde will play a pivotal role in integrating crypto with traditional financial products on the platform to make CoinSwitch Kuber India’s preferred investment destination. 

Tuesday, October 26, 2021 - 10:14
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Financial IT

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