Insurance carriers are busy building organization-wide strategies to create innovative products, leverage technology effectively and deliver real customer value – something that takes a lot of time, effort and inspiration. According to a 2018 survey of more than 400 insurance executives conducted by Insurance Nexus, 77% of North American carriers invested in AI and machine learning in 2018 (an increase on 70% the previous year), with 85%... more Read more »
New research by Maistro, the AI-driven B2B marketplace for services, has revealed that over half of UK companies (57%) think that upgrading their IT systems is a vital factor for improving efficiency and achieving their short term business objectives. By comparison, only 37% of businesses based in Switzerland and 42% in France agreed when asked the same question, indicating that the UK feels it has further to go than its European counterparts... more Read more »
Limitless, the UK-based inventor and provider of a SaaS platform offering AI and crowd sourced customer service solutions, today announces that it has successfully concluded the first phase of a Voice of Customer (VoC) programme with leading credit card provider, NewDay. Read more »
This latest round brings Peltarion’s total funding to US$ 34 million to date, including previous investment from FAM, the holding company privately owned by the three largest Wallenberg foundations, and EQT Ventures. Read more »
OneSpan, a global leader in software for trusted identities, e-signatures and secure transactions, today announced the launch of its open API, cloud-based Risk Analytics solution to help financial institutions stop fraud, including Account Takeover and New Account Fraud. Read more »
Solactive, the German index engineering firm, will collaborate with San Francisco-based AI company Truvalue Labs, intensifying efforts to meet a significant increase in client demand for ESG indices. Read more »
Tradeteq, the innovative AI-driven trade finance investment platform, has partnered with World of Open Account (WOA) to become Chair Partner of their “receivables as an investment class – funding and capital” Learning Lab. WOA’s Learning Labs gather members of the WOA community to provide insight and knowledge into four areas of strategic importance to the open account ecosystem: People and Talent; Risk and Regulation; Products and Markets;... more Read more »
Mimiro (formerly ComplyAdvantage) has raised USD $30 million from investors to accelerate the global expansion of its machine-learning platform for analysing the risk of financial crime. By swiftly and intelligently verifying parties and transactions, Mimiro fundamentally changes how companies assess who they’re doing business with – offering organisations greater confidence in their own operations, attacking financial crime and reducing... more Read more »
The report, produced in conjunction with a number of leading economic, social policy and technology professors, delves into four key considerations of the impact of technological progress on employees, businesses and society at large. The first chapter looks at what technological change means for the future of work, concluding that contrary to popular belief, there will be no shortage of work in contemporary economies. Read more »
Grasshopper, Singapore’s leading proprietary trading firm and liquidity provider, has expanded its deployment of the Solace PubSub+ advanced event broker to offer enhanced capabilities that use machine learning for predictive trading. Grasshopper has trusted Solace’s advanced event broker technologies as the data movement foundation of its low latency trading system since 2011. Read more »
Artificial intelligence (AI) will produce more accurate, reliable and transparent credit decisions than human-based systems within five years, according to capital markets professionals surveyed by Intertrust. Intertrust, a global leader in providing expert administrative services to clients operating and investing in the international business environment, surveyed over 500 capital markets executives to identify the impact that disruptive... more Read more »
Senior insurance executives to explore the AI-enabled personalization of insurance products to increase customer loyalty. Read more »
Xilinx (NASDAQ: XLNX), the leader in adaptive and intelligent computing, today announced that the newly unveiled EdgeBoard, Baidu's edge acceleration computing solution is enabled by Xilinx. The EdgeBoard is a turn-key solution which is available fully configured directly from Baidu. Read more »
How can AI and new technologies reduce teachers' administrative tasks in the classroom? In a unique pilot project Nordic software and services company Tieto and Anderstorp high school in Skellefteå, Sweden, tested automatic student registration using tags, smartphone apps and facial recognition technology. The reactions from both students and teachers have been positive. Read more »
Planbox, the pioneering provider of AI-Powered Agile Innovation Management software, and Imaginatik, the #1 ranked leader in Corporate Innovation Management according to Forrester Research, will join forces to seize on the innovation boom. Under the agreement, Planbox will acquire all of the assets of Imaginatik Plc (LON: IMTK) related to its Enterprise Innovation Management platform and global operations. This transaction is pending the final... more Read more »
