Insurance
Limit launches GenAI tool to revolutionise P&C insurance sector
Limit, an InsurTech firm, has introduced the first generative AI exclusively designed for the Property & Casualty (P&C) sector.
The offering, known as LimitAI, is capable of analysing extensive insurance documents, quotes, and policies, and provides rapid answers to various...
Cards & Payments
Apple reaches deal with EC on NFC payments access
Apple has staved off massive European Commission fines by agreeing to open up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers.
The EC says it has made the commitments offered by Apple legally...
Banking
Onbe and ZSuite Tech Partner to Deliver Digital Payout Solutions for Banks and Their Clients
Onbe, a leading corporate payouts platform, today announces its partnership with ZSuite Tech, a high-growth fintech innovator with a focus on commercial escrow and subaccounting. The partnership will provide an embedded digital disbursement option for the more than 90...
News
80% Financial Firms Fund Security Steps To Avoid AI Frauds
The artificial intelligence- AI spectrum has gone on to emerge as a new fraud challenge as per an AI-driven fraud and AML risk detection firm, as it goes on to launch The State of Financial Crime 2024’ report.
It is...
News
ECB To Stress Test 109 Banks To Gauge Cyberattack Reaction
The European Central Bank- ECB has gone on to reveal plans in order to carry out cyber resilience stress tests when it comes to the 109 of the banks that it directly supervises in 2024 in order to evaluate...
News
The Future of Banking Transformed For Better By Blockchain
Blockchain technology has gone on to emerge as a revolutionary force within the financial industry and is all set to reshape traditional banking practices as well as usher in a new era of efficiency, security, as well as transparency....
News
2024 – Year of Transformative Financial Services, Yet Again
It is well to be noted that this has been both an exciting as well as a tumultuous year when it comes to the financial sector. A growing focus when it comes to ESG, i.e., environmental, social, and governance...
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