Tag : big data
Survey Shows Consumers Very Willing To Trade Personal Data for Financial Benefits
While 70% want businesses to ask before sharing personal details with partners, barely half try to limit data tracking and protect privacy, says Genesys-sponsored customer experience survey Consumers say they are deeply concerned about the privacy of their personal data, yet have come to appreciate the benefits of sharing it......
Xangle, the Crypto Disclosure Platform, Closes Its A2 Investment Round From the Financial Branch of Hanwha Group in South Korea
CrossAngle, operator of the global crypto asset disclosure platform Xangle, announced that it has successfully completed its Series A2 investment round by Hanwha Investment & Securities, a licensed securities brokerage subsidiary of South Korea’s Hanwha Group. Read More: Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant The......
JVP Founder and Chairman Erel Margalit Appointed Chairman of ThetaRay’s Board of Directors
ThetaRay, the leading provider of Big Data analytics, preventing financial cybercrime, named Jerusalem Venture Partners (JVP) Founder and Chairman Erel Margalit as Chairman of its Board of Directors. Read More: Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing NEW YORK and HOD HASHARON, Israel, July 1, 2020 Considered one of the architects of Israel’s “Startup Nation,” a......
Efma and Accenture Announce Winners of Innovation in Insurance Awards 2020
Efma, an association of more than 3,300 retail financial services companies in 130 countries, and Accenture have announced the winners of the fifth annual Innovation in Insurance Awards during a virtual awards ceremony. “We were pleased to see great inroads being made this year to transform the insurance industry in customer......
Ideanomics Enters into 50/50 JV with BBD to Establish an Investment Company Focused on New Infrastructure Projects in China
Ideanomics is pleased to announce that it has entered into a 50/50 joint venture (JV) with Business Big Data PTE, Ltd./Seasail Ventures (BBD) to create an investment company focused on new infrastructure projects in China. The investment company will develop an AI-enhanced China New Infrastructure bond product, introduce capital, and......
ThetaRay Provides Banco Santander With an Anti-Money Laundering (AML) Solution for Correspondent Banking
ThetaRay, a leading provider of AI-based Big Data analytics, has signed an agreement under which Banco Santander will employ ThetaRay’s anti-money laundering (AML) solution for correspondent banking. The system will analyze SWIFT traffic, risk indicators and Know Your Customer (KYC) data to detect anomalies indicating money laundering schemes in correspondent......
What You Need To Know About SOC 2
Nowadays, businesses are storing vast amounts of customer data, making security a primary concern. One of the compliance standards that have been established to ensure the safety of data is SOC 2. Here is a brief overview of SOC 2 with a few tips on how to become compliant. What......
Cover Whale Newly Approved Lloyd’s Coverholder to expand InsurTech Trucking Program
Cover Whale, an InsurTech broker, was approved as a new Coverholder at Lloyd’s of London. Cover Whale is collaborating with Lloyd’s syndicates to provide a new insurance facility for thousands of Trucks in the US. Read More: GlobalFintechSeries Interview with Griffin McGahey, President at HC3 “Cover Whale helps streamline Insurance starting with......
Hacking Insurance to be 10x Faster
The insurance industry is stuck in the 1980s. I should know, because I’ve been making my career in it since then. Despite the rise of the internet and smartphones, insurance has earned a reputation for its snail’s pace of innovation. And this is doubly true for business insurance– which, despite......