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Cortical.io Introduces Contract Intelligence Solution with Semantic Search

Fintech News Desk
Insurance Industry Leader Unum Selects Cortical.io Contract Intelligence After Pilot Demonstrated Improved Workflow Results Cortical.io today announced a new release of Cortical.io Contract Intelligence, an AI-based solution for enterprises that need to review and manage a large corpus of contracts and other legal documents. Cortical.io Contract Intelligence utilizes its patented natural......
Banks Must Resolve Explainability and “Black Box” Risk Governance Challenges to Succeed With AI Post-Pandemic, Says Economist Intelligence Unit Report Supported by Temenos
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Banks Must Resolve Explainability and “Black Box” Risk Governance Challenges to Succeed With AI Post-Pandemic, Says Economist Intelligence Unit Report Supported by Temenos

Fintech News Desk
Data bias, “black box” risk, and lack of human oversight are the main governance issues for banks using AI, according to the Economist Intelligence Unit (EIU) report “Overseeing AI: Governing artificial intelligence in banking”. The report is based on a review of global regulatory guidance on AI risks and governance......
Insurtech Company, Foxquilt, Receives $3.5M Seed Round to Continue Supporting Small Businesses With Smarter Insurance Through COVID-19
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Insurtech Company, Foxquilt, Receives $3.5M Seed Round to Continue Supporting Small Businesses With Smarter Insurance Through COVID-19

Fintech News Desk
Foxquilt, a leading Insurance Technology company, announced it has raised $3.5M in seed funding. The COVID-19 crisis has illuminated the value of community and accelerated the need for businesses to adopt digital solutions, transcend innovative offerings and empower their customers. Foxquilt is using their recent $3.5M seed round to continue innovating technology and data science......
Katapult Removes Late Fees as Part of a Consumer-Centric Focus
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MerchantE Promotes Transparency and Support for Small Businesses During Unprecedented Times

Fintech News Desk
MerchantE, a leading end-to-end digital commerce platform, reaffirms its commitment to growing businesses in response to recent reports of payment companies withholding money from customers. Read More: GlobalFintechSeries Interview with Ashish Singhal, CEO and Co-Founder at CRUXPay Addressing the topic, MerchantE’s CEO, Mike Rouse, states: “Small businesses are the foundation......
Lincoln Financial Group Names New Head of Finance and Actuarial for Group Benefits Business
Fintech News Risk Management

Lincoln Financial Group Names New Head of Finance and Actuarial for Group Benefits Business

Fintech News Desk
Bram J. Spector Brings 20 Years of Industry Experience to the Role Lincoln Financial Group announced Bram J. Spector has joined the company in its group benefits organization as senior vice president, head of Finance and Actuarial. The Finance and Actuarial organization is responsible for partnering across the group benefits......
Royal Bank of Scotland (RBS) Leverages Mphasis’ Testing Centre of Excellence to Support Business Alignment Objectives
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Royal Bank of Scotland (RBS) Leverages Mphasis’ Testing Centre of Excellence to Support Business Alignment Objectives

Fintech News Desk
The multi-year deal will see Mphasis transforming RBS’s IT change function to provide speed and agility to product releases in lending domain Mphasis, an Information Technology (IT) solutions provider specialising in cloud and cognitive services, has signed a multi-year deal with Royal Bank of Scotland plc, one of the largest international banking and financial services......
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Top Global RegTech Providers Redefining Regulatory Issues and Compliance for Business-to-Business

Fintech News Desk
As per World Bank estimates, 8% of the GDP of most of the advanced economies are being spent on regulatory compliance. For less developed countries, the percentage is even more. Imagine the size of the global economy and the kind of expenditure companies are making to ensure that their business......
Cleareye.ai Taps Microsoft Azure For PPP Loan Processing Engine
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Global Fintech Cleareye.ai and PWC in Strategic Tie-Up to Help Banks Improve Compliance, Customer Experience, Revenues With Artificial Intelligence Platform

Fintech News Desk
Global fintech company Cleareye.ai that serves various large banks announced signing of a Joint Business Relationship (JBR) with PwC, to deliver unique products to help banks address pain points in their front office, middle office and back office functions. As a part of the JBR relationship, PwC will gain access......
K2 Intelligence Financial Integrity Network Recognized in Chambers and Partners Litigation Support Guide
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K2 Intelligence Financial Integrity Network Recognized in Chambers and Partners Litigation Support Guide

Fintech News Desk
K2 Intelligence Financial Integrity Network (FIN) is proud to announce that the firm’s UK and USA teams have been ranked in the 2020 Chambers and Partners Litigation Support Guide. The firm, an industry-leading investigative, compliance and cyber defense services firm, earned recognition for its client work in Asset Tracing & Recovery (Investigations Agencies), Global-wide; Business Intelligence & Investigations,......
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