Tag : AI

Zelros Raises $11 Million in Series A Funding to Bring AI-Powered Responsible Insurance Distribution to North America
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Zelros Raises $11 Million in Series A Funding to Bring AI-Powered Responsible Insurance Distribution to North America

Fintech News Desk
by Fintech News Desk0
Zelros, the industry’s first AI-driven platform dedicated to advancing insurance distribution, today announced the successful close of an $11 Million Series A financing round, bringing the company’s total funding to date to $16.5M. Silicon Valley-based BGV led the round with new participation from ISAI Cap Venture and Plug and Play.......
NTT DATA Global Study Finds Nearly 50% of Customers Want Financial Institutions to Act as a Conscientious Advisor on Major Spending Decisions
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NTT DATA Global Study Finds Nearly 50% of Customers Want Financial Institutions to Act as a Conscientious Advisor on Major Spending Decisions

Fintech News Desk
by Fintech News Desk0
Customers want hyper-individualized financial services. They’re even willing to share personal data and pay more as a tradeoff. According to research findings released today by NTT DATA, there is ample opportunity for financial institutions to harness the power of AI to build more meaningful connections and experiences with customers — vastly......
B. Riley Financial Completes Acquisition of National Holdings Corporation, Creates Meaningfully Enhanced Wealth Management Platform
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Ontario Systems Acquires Pairity to Embed the Power of Machine Learning in Its Industry-Leading Collections Technology

Fintech News Desk
by Fintech News Desk0
Ontario Systems, a leading provider of enterprise software that automates complex workflows, accelerates revenue recovery and simplifies the payment process for healthcare, accounts receivable management (ARM) and government clients, today announced its acquisition of Pairity, a cutting-edge provider of artificial intelligence (AI) and machine-learning capabilities that allow collection teams to......
Financial Services Firms That Invested In Emerging Technologies Profited In 2020, New Broadridge Study Finds
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Financial Services Firms That Invested In Emerging Technologies Profited In 2020, New Broadridge Study Finds

Fintech News Desk
by Fintech News Desk0
Widening gap emerges between Leaders and Non-leaders Leading firms to allocate nearly 20% of global IT budgets to next-generation technologies by 2023 Over half of financial services firms worldwide plan to increase their spending over the next two years on next-generation technologies such as AI, blockchain, the Cloud and digital,......
Earnix, the Leader in AI-driven Rating, Pricing and Product Personalization for Insurance and Banking, Announces $75M Growth Funding With a Pre-Money Valuation of $1B to Accelerate Its Global Expansion
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Earnix, the Leader in AI-driven Rating, Pricing and Product Personalization for Insurance and Banking, Announces $75M Growth Funding With a Pre-Money Valuation of $1B to Accelerate Its Global Expansion

Fintech News Desk
by Fintech News Desk0
Earnix, a global provider of advanced AI-driven rating, pricing, and product personalization solutions for Insurance and Banking, has announced $75M in growth funding with a pre-money valuation of $1B. The round was led by Insight Partners, with existing investors JVP, Vintage Partners and Israel Growth Partners joining the round. The......
Joy Wallet Survey Reveals COVID-19's Impact on U.S. Employment (2021)
Artificial Intelligence Banking Fintech News Risk Management Robotic Process Automation

Open Banking Reporter Rolls Out Business Viability Modelling Service For Lenders

Fintech News Desk
by Fintech News Desk0
OBR, a data-driven risk management fintech, has teamed up with data science company Profusion and AI-driven platform for infusing analytics everywhere Sisense to launch a new platform to help lenders provide greater support to SMEs. The platform, called OpenRep, uses Open Banking Data and predictive modelling to provide financial institutions......
Swedish Open Insurance Platform Insurely Secures €2.5 Million in New Funding
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Swedish Open Insurance Platform Insurely Secures €2.5 Million in New Funding

Fintech News Desk
by Fintech News Desk0
Insurtech company, Insurely — striving for global leadership within Open Insurance — announces it has successfully secured EUR 2.5 million in new funding. Read More: GrowthForce Releases Video On How Businesses Grow FromA Challenging Year To A Prosperous Future The financial round was led by well-renowned Swedish Venture Capital firm,......
Scotiabank Applies AI and Big Data To Better Understand Customer Needs
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Scotiabank Applies AI and Big Data To Better Understand Customer Needs

Fintech News Desk
by Fintech News Desk0
Scotiabank today announces C.MEE, a new technology that leverages big data and artificial intelligence (AI) to enable even better customer experiences (CX) with the Bank. Using AI to predict customer needs, C.MEE provides customers with relevant and timely financial advice when they need it most. Read More: GlobalFintechSeries Interview with......
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Midwest BankCentre Selects Upstart for Auto Lending

Fintech News Desk
by Fintech News Desk0
Upstart , a leading artificial intelligence (AI) lending platform, today announced Midwest BankCentre, St. Louis’ premier community bank since 1906, has selected Upstart to expand its direct auto lending business with a digitally enabled auto refinancing service. Read More:  XP Inc. Acquires Riza M&A With Upstart, Midwest BankCentre will be......
Mirato Closes $9-Million Funding Round to Accelerate Development of Next-Generation Third-Party Risk Management Platform
Artificial Intelligence Business Fintech News Risk Management Robotic Process Automation

Mirato Closes $9-Million Funding Round to Accelerate Development of Next-Generation Third-Party Risk Management Platform

Fintech News Desk
by Fintech News Desk0
Mirato’s AI-Driven TPRM Platform Empowers Financial Institutions to Identify, Anticipate and Manage Third-Party Risk Across the Entire Supply Chain Mirato, provider of a third-party risk management (TPRM) platform that orchestrates and automates the entire TPRM lifecycle (including onboarding through monitoring), today announced the completion of a $9-million funding round to support the continued development and......
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