Sayata Unveils AI-Powered Risk Engine, Revolutionizing Small Commercial Insurance Underwriting
- 1 week 2 hours ago
- Risk Management
Sayata, a leader in innovative insurance solutions for SMB risk, announces the launch of the Sayata Risk Engine: an AI-powered platform that transforms how insurance carriers and MGAs assess and underwrite risk. The Sayata Risk Engine uses sophisticated AI to flag specific high-risk accounts that are expected to drive up loss ratios. Insurers can now confidently broaden their risk appetite to grow premiums rapidly while weeding out riskier... more
Alloy for Embedded Finance Launches for Banks and Fintechs to Collaboratively Manage Identity and Compliance Risk
- 1 month 2 weeks ago
- Risk Management
Alloy, the identity risk management company behind nearly 600 leading banks and fintech companies, today announced Alloy for Embedded Finance, a new product custom-designed for sponsor banks, BaaS providers, and their fintech partners to collaboratively manage identity risk and stay ahead of regulatory requirements.
Fusion Risk Management Announces General Availability of Generative AI-Powered Assistant
- 1 month 2 weeks ago
- Artificial Intelligence, Risk Management
Fusion Risk Management, Inc. ("Fusion"), a leading provider of cloud-based operational resilience, business continuity, and risk management solutions, has announced general availability of its AI-powered assistant Fusion Resilience Copilot™ following a successful global beta program. Resilience Copilot™ is pre-configured to answer critical questions at the click of a button, providing insights and recommendations.
Commercial Bank International Adopts Bloomberg MARS as Primary Risk Management System
- 1 month 4 weeks ago
- Risk Management
Bloomberg announced today that Commercial Bank International (CBI), a leading national bank in the UAE, has adopted Bloomberg’s Multi-Asset Risk System (MARS) modules for Counterparty Risk, Market Risk, and Valuation.
Sapiens and Binah.ai Partner to Empower Global Life Insurers to Improve Risk Management with AI
- 2 months 1 week ago
- Insurtech, Risk Management
Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, and Binah.ai, the number one health and wellness check software provider, today announced a partnership to empower more insurance companies worldwide to use client-provided health data for improved risk management and value-added services at reduced costs.
Oxane Named a Category Leader in ‘Credit Portfolio Management’ in Chartis’ RiskTech 2024
- 3 months 1 week ago
- Risk Management
Oxane Partners ("Oxane"), a leading technology-driven solutions provider to private markets, announced that it has been recognized as a 'Category Leader' for Credit Portfolio Management by Chartis Research ("Chartis"). In addition, Oxane earned the 72nd spot in the Chartis RiskTech100 2024 report, an independent study of risk management technology solution providers globally.
Wolters Kluwer Risk Survey Highlights Increasing Role of Technology for U.S. Banks
- 4 months 1 week ago
- Risk Management
A notable increase in concerns over risk management and regulatory compliance issues headlines key challenges facing U.S.
Ncontracts Acquires Quantivate
- 4 months 1 week ago
- Risk Management
Ncontracts, the leading provider of integrated compliance, risk, and vendor management solutions to the financial services industry, announced it has acquired Quantivate, a growing provider of governa
Murex Expands Model Validation Offering with Financial Info and Analytics Leader
- 4 months 1 week ago
- Risk Management
Murex, the global leader in trading, risk management and processing solutions for capital markets, has expanded its connectivity with financial information and analytics leader S&P Global Market Intelligence to cover model validation needs and provide an additional option to source market data into MX.3.
As Default Rates Rise, 70 Percent of Financial Services Executives Lack Confidence in Their Ability to Modify Risk Decisioning at Speed
- 4 months 2 weeks ago
- Risk Management
As credit default and fraud rates rise, 70 percent of financial services executives are not confident in their ability to modify risk decisioning quickly to keep pace with shifts in consumer behavior and the economy. Additionally, 43 percent say identifying fraud is a top challenge, yet only 7 percent report their anti-fraud measures are completely effective, according to a new survey conducted by Provenir, a global leader in AI-powered risk... more
Fusion Risk Management Announces its Annual Customer Summit, Compass 2023
- 7 months 2 weeks ago
- Risk Management
Fusion Risk Management, Inc. (“Fusion”), a leading provider of cloud-based operational resilience, business continuity, and risk management software and services, has announced that its annual customer summit, Compass, will be held in New York, NY on September 28, 2023 and
Financial Risk Solutions appoints Thomas Patterson as Vice President Sales North America
- 1 year 10 months ago
- Risk Management
Financial Risk Solutions (FRS), provider of the award-winning investment administration software Invest|ProTM to asset owners, life insurance and investment management companies worldwide, today announced the appointment of Thomas Patterson to the role of Vice President Sales North America.
Elucidate Raises $8 Million to Help Banks Counter Surging Financial Crime
- 1 year 11 months ago
- Risk Management
Elucidate, a financial crime risk management platform, has raised $8 million in a funding round led by AV8 Ventures, alongside Elevator Ventures, the corporate venture capital entity of Raiffeisen Bank International (RBI) and Tommy Nicholas, Founder and CEO of Alloy. Existing investors APEX Ventures, Frontline Ventures, BiG Start Ventures and SixThirty Ventures, also participated.
Traditional Fraud Models are Fundamentally Broken and Billions in Revenue is Lost
- 1 year 11 months ago
- Risk Management
Organisations across the globe today use between an average of four and six different tools or platforms as part of their overall fraud and risk strategy, according to new research* from Darwinium – a next generation digital risk management platform. Whilst this approach has become necessary to defend against the ever-evolving plethora of online threats and adversaries, it seems that the lack of a common and singular view is creating... more
MoneyMatrix Partners with Volt to Power Instant Payments Ii The iGaming Industry and Beyond
- 2 years 8 months ago
- Risk Management, Payments
Volt can now connect more merchants with fast and secure open banking solutions and MoneyMatrix can expand into emerging markets
