Qumis, an innovative AI-powered platform designed to assist insurance professionals, has announced the successful closure of a $2.2m pre-seed funding round. The round was led by Armory Square Ventures, with additional participation from MTech Capital, Grand Ventures, Alumni Ventures, BrokerTech Ventures, Sean Harper, co-founder and CEO of Kin Insurance, and Tom Vander Schaaf, former General
Spikerz, a cybersecurity company focused on protecting businesses and individuals from social media threats, has raised $7m in funding. The investment round was led by Disruptive AI, with contributions from Horizon Capital, Wix Ventures, Storytime Capital, and BDMI, according to a report from New York Tech. The company provides an AI-driven security platform designed to
Netradyne, an industry-leading SaaS provider of artificial intelligence (AI) and edge computing, announced the close of a $90 million Series D round led by Point72 Private Investments with participation from Qualcomm Ventures and Pavilion Capital. The capital infusion will accelerate the company’s growth trajectory through strategic investment in R&D, enhanced go-to-market investments, and aggressive global
Napier AI is set to enhance Finance in Motion’s operations by integrating its Client Screening solution and Client Risk Assessment module within the Napier AI Continuum platform. This initiative is aimed at bolstering Finance in Motion’s growth and enabling the firm to focus on generating positive change in emerging markets through impact investments. The Napier
In 2021, US$6.6 billion has been spent on blockchain solutions. This technology not only underpins the global cryptocurrency market, but also provides unique utility to other industries, such as healthcare, logistics, and real estate. Blockchain is a decentralized digital ledger made up of blocks that store data on a peer-to-peer (P2P) network. Once the information
One of the major benefits of a cloud-based core banking system is its inherent extensibility, or the ability to be adjusted by the user independently of external input and to support the addition of new features in real time. Although financial organizations in general prefer something that is ready to use right out of the
Financial health means making your life more comfortable and stable through sensible money decisions and staying prepared for financial uncertainties. Your financial wellness is critical. It cannot be overlooked. It is just as important as your physical or mental well-being. People who are careless with their finances are frequently observed battling to handle their bills
Globally in 2020, more than 70 billion real-time payment transactions were processed – an increase of 41% compared to the previous year. This massive rise in transactions has presented an opportunity for criminals to conduct more fraudulent activities like account takeovers, chargeback fraud, or identity theft, resulting in more than $1 trillion stolen in cybercrime
APR 21 2022 | 8:00PM.
APR 21 2022 | 8:00PM. The thematic fund market has rapidly developed in recent years. These funds attempt to harness secular growth themes ranging from artificial intelligence to Generation Z. Some have delivered a phenomenal performance, while others have been duds. Over the last two years, asset managers have ramped up the supply of these
Apr 19 2022 | 8:30am
Apr 19 2022 | 8:30am Today, delivering exceptional customer experience and gaining customer loyalty are the utmost requirements of financial institutes. This is fuelled by the increasing competition and ever-changing business environment. The next-generation banker requires a new and focused embrace of analytical technology stacks that support the analysis of large volumes of customer and
April 28, 2022 | 09:00 am EDT
April 28, 2022 | 09:00 am EDT Artificial intelligence is more than just the latest buzzword – using AI has a meaningful impact on decisions across the entire customer lifecycle. From improving fraud detection and decision accuracy to optimizing pricing and managing bias, AI has a key role to play in changing the way financial
May 05 2022, 8:30pm
May 05 2022, 8:30pm Voice banking has the potential to be so much bigger than the novelty of being able to use Amazon Alexa or Google Home to ask, “What’s my account balance?” The magic of voice banking isn’t about the device…the magic is in how it transforms consumers’ relationships with their money and their
