Category : Artificial Intelligence

Artificial Intelligence InsurTech News

Roots Automation Raises $22.2 Million to Unlock the Value Held within Unstructured Data across Insurance with AI

PR Newswire
by PR Newswire0
Capital will accelerate growth and build upon Roots Automation’s made-for-insurance AI, enabling carriers, TPAs, brokers, and agents to drive significant improvements in overall business performance Roots Automation, creator of the AI-powered Digital Coworker and InsurGPT™, the world’s first generative AI model for insurance, announced the closing of a $22.2 million Series B funding round.......
Artificial Intelligence Banking News

Metro Bank Forges Strategic Collaboration with Infosys to Accelerate Digital Transformation

PR Newswire
by PR Newswire0
To enhance digital capabilities, improve automation, refine data, and embed further AI capabilities Metro Bank, the UK’s community bank, has entered into a long-term collaboration with Infosys, a global leader in next-generation digital services and consulting, to enhance some of its IT and support functions, while digitally transforming the bank’s business......
Analytics Artificial Intelligence Finance Fintech Guest Posts Security

Five Scenarios Where Billing Data Can Help CFOs Improve AI Systems

Brad Sawaya
by Brad Sawaya0
By Brad Sawaya, CFO at BillingPlatform Here’s why CFOs look to billing data to train AI  Artificial Intelligence (AI) is revolutionizing the business world, turning traditional practices on their head and offering unprecedented opportunities for innovation. As CFOs navigate this new landscape, they find billing data to be a crucial......
Artificial Intelligence Finance Fintech News

ReconArt rolls out AI Assistant feature, redefining high-volume data reconciliation automation

PR Newswire
by PR Newswire0
ReconArt takes its transaction matching, account reconciliation and financial close management solutions to the next level of innovation with AI powered functionality, which is now available to current and future customers alike. ReconArt, a leading provider of financial reconciliation software, is excited to announce the introduction of ReconArt AI Assistant,......
Artificial Intelligence Featured Finance Fintech Machine Learning Risk Management Robotic Process Automation

The Role of Autonomous Financial Platforms in Creating Self-Learning Financial Ecosystems

Prajakta Ayade
by Prajakta Ayade0
Autonomous financial platforms are systems designed to operate independently, managing financial processes with minimal human intervention. They utilize AI, ML, and other advanced technologies to perform tasks such as trading, portfolio management, risk assessment, fraud detection, and customer service. These platforms are capable of learning from data, adapting to new......
Artificial Intelligence Cloud InsurTech News

Majesco Announces Trailblazing New AI Ecosystem Using Majesco Copilot with an Initial Cadre of Innovative AI Partners

Business Wire
by Business Wire0
Majesco, a global leader of cloud insurance platform software for insurance business transformation, is thrilled to announce the establishment of a new AI specific ecosystem leveraging Majesco Copilot to embed other industry models into Majesco Solution workflows with an initial cadre of partners. “This new AI ecosystem introduces a rapid......
Artificial Intelligence Finance Fintech Lending News

Numerated Expands Liquidity Solutions for Small Businesses through Partnership with Quantum Financial Technologies

Business Wire
by Business Wire0
Numerated, the leading AI-driven commercial lending platform, today announced a strategic partnership with Quantum Financial Technologies to enhance liquidity options for small businesses. This collaboration enables banks to approve more customers with less credit risk, expanding their ability to support small business growth even when traditional lending criteria might fall short. Through......
Artificial Intelligence Finance Fintech News

Mastercard Invests in Continued Defense of Global Digital Economy With Acquisition of Recorded Future

Business Wire
by Business Wire0
Global threat intelligence capabilities complement Mastercard’s existing suite of services delivering cyber resilience and trust Mastercard today expanded its cybersecurity services with an agreement to acquire global threat intelligence company Recorded Future from Insight Partners for $2.65 billion. The acquisition bolsters the insights and intelligence used to secure today’s digital......
Artificial Intelligence Banking Finance Fintech Guest Posts Risk Management Robotic Process Automation Security

Winning the AI Race: How Payment Automation Prepares Financial Data for Machine Learning

David Guthrie
by David Guthrie0
By: David Guthrie, CTO, REPAY It’s no secret that exploring, adopting and leveraging AI technology has become the primary focus for many businesses in recent years. The much-discussed promise of AI’s potential to drive productivity and business value has led many businesses in various industries to adopt the technology for......
Artificial Intelligence Blockchain Finance Fintech News

Luxspin Explores AI and Blockchain Applications in Financial Services

GlobeNewswire
by GlobeNewswire0
Against the backdrop of rapid advancements in financial technology, Luxspin Global Holding has recently announced an increased investment in artificial intelligence (AI) and blockchain technology. This strategic move underscores the commitment of Luxspin to innovation in financial services, aiming to enhance efficiency, optimize customer experience, and bolster the security and transparency of financial operations through cutting-edge technologies.......
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