Tag : Machine Learning

Azentio to Lead Insurance Technology Modernization Through the Acquisition of Intellectual Property and Other Assets of Kuwait-Based Pysurance and Imotor
InsurTech News

Azentio to Lead Insurance Technology Modernization Through the Acquisition of Intellectual Property and Other Assets of Kuwait-Based Pysurance and Imotor

PR Newswire
by PR Newswire0
Market leading software provider Azentio supercharges insurance offering through acquisition of cutting-edge technology stack Azentio Software , a leading end-to-end software company specializing in the BFSI sector,  announced the completion of the acquisition of software assets and intellectual property (IP) of iMOTOR and Pysurance from two Kuwait-based software product companies.......
Artificial Intelligence Featured Fintech Machine Learning

AI and Machine Learning: Transforming Global Payments and Global Money Exchange

Prajakta Ayade
by Prajakta Ayade0
The financial technology (fintech) industry is undergoing a profound transformation, driven by advancements in artificial intelligence (AI) and machine learning (ML). These technologies are revolutionizing payment systems and global money exchange, bringing unprecedented efficiency, security, and innovation to the financial sector. Enhancing Payment Systems AI and machine learning are enhancing......
Artificial Intelligence Guest Posts InsurTech Security

How AI Is Enabling Advanced Fraud Detection for Insurance Claims

Mubbin Rabbani
by Mubbin Rabbani0
In the ever-evolving landscape of insurance, detecting fraudulent claims is a critical yet challenging task. Traditional methods have often fallen short, leaving insurers vulnerable to sophisticated fraud schemes. However, advanced artificial intelligence (AI) and machine learning (ML) techniques are revolutionizing this space, notably through the use of cohort analysis, to......
Setpoint Secures $31M Series B From Wells Fargo, Citi, 645 Ventures, Andreessen Horowitz and Others to Revolutionize Credit Infrastructure
Finance Fintech Investments News

Setpoint Secures $31M Series B From Wells Fargo, Citi, 645 Ventures, Andreessen Horowitz and Others to Revolutionize Credit Infrastructure

Business Wire
by Business Wire0
Setpoint, the leading infrastructure provider for the credit industry, today announced the successful completion of its $31 million Series B funding round. 645 Ventures led the round, with significant strategic investments from Citi and Wells Fargo, alongside Andreessen Horowitz, NextView Ventures, Floating Point, Henry Kravis, Zillow founder’s 75 & Sunny,......
LendingPoint Partners With FairPlay to Further Enhance Its Algorithmic Decisions
Finance Fintech Lending News

LendingPoint Partners With FairPlay to Further Enhance Its Algorithmic Decisions

PR Newswire
by PR Newswire0
LendingPoint will incorporate FairPlay’s Fairness-as-a-Service Solutions to further its mission of providing one-stop financing solutions for consumers and lending institutions. FairPlay, the world’s first Fairness-as-a-Service™ company, is announcing a customer relationship with LendingPoint, an award-winning online loan and servicing originator. LendingPoint will use FairPlay solutions to enhance its algorithmic qualification and automated......
Analytics Big Data Featured Fintech Lending

Advanced Analytics and FinTech: Transforming Credit Lending Strategies

Prajakta Ayade
by Prajakta Ayade0
The fintech industry has revolutionized the financial landscape by introducing advanced technologies that streamline operations, enhance user experience, and optimize decision-making processes. Among these innovations, advanced analytics stands out as a pivotal force in transforming credit lending strategies. Leveraging big data, machine learning, and artificial intelligence, fintech companies are reshaping......
Finland-based Quantlytica raises €1 million to launch AI-powered liquidity distribution protocol
Artificial Intelligence Finance Fintech Investments News

Finland-based Quantlytica raises €1 million to launch AI-powered liquidity distribution protocol

GlobeNewswire
by GlobeNewswire0
Quantlytica, Finland-based Fintech company, has successfully closed a €1 million private raise, landing grants and investments from prominent international institutions including Polygon Labs Ecosystem Fund, Web3Port Foundation, Eureka Partners, DWF Ventures, Connectico Capital, ZBS Capital, among others. Quantlytica is an innovative liquidity gateway that simplifies the discovery and implementation of......
Artificial Intelligence Banking Finance Fintech Interviews Investments

Global Fintech Series Interview with John Sun, CEO at Spring Labs

Paroma Sen
by Paroma Sen0
John Sun, CEO at Spring Labs chats about Spring Lab’s new AI-powered copilot and the eventual impact of AI across fintech: __________ Hi John, tell us about yourself and your role at Spring Labs. How has Spring Labs evolved in the last few years? I’m the CEO at Spring Labs; we......
Flatfee Revolutionizes Global Compliance with AI-Empowered Solutions
Artificial Intelligence Compliance management News

Flatfee Revolutionizes Global Compliance with AI-Empowered Solutions

EIN Presswire
by EIN Presswire0
Flatfee, an innovative company situated in the heart of Silicon Valley, is transforming the worldwide compliance landscape for small to mid-sized companies expanding globally. By offering AI-empowered compliance solutions, Flatfee is making it easier than ever for businesses to expand their operations internationally. With a dedicated team of cross-border attorneys......
Artificial Intelligence Banking Blockchain Featured Finance Fintech Robotic Process Automation Security

Top Financial Technologies That Are Driving Easy Deposit Switching

Prajakta Ayade
by Prajakta Ayade0
New age financial technologies are revolutionizing the global banking industry, offering consumers unprecedented convenience and flexibility. One area where this transformation is particularly evident is in deposit switching—the process of transferring direct deposits and automatic payments from one bank account to another. Traditionally a time-consuming task, deposit switching is becoming......
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