Tagged: machine learning

February 25, 2026 @ 11:38 am By Omar Faridi  |  

Businesses in Europe, the MENA Region, and Asia-Pacific regions are confronting a sharp escalation in fraud, with losses mounting faster than protective measures can respond, according to a study released by Experian. The research, conducted by Forrester Consulting on behalf of the global data and… Read More

February 5, 2026 @ 11:36 pm By Tony Zerucha  |  

While many have concerns about using artificial intelligence in finance, data from Feedzai’s report The AI Shift: Transforming AML Compliance into Competitive Advantage shows many are using it to great effect. The report also counters some misconceptions about AI usage. The usage numbers are quite strong:… Read More

January 14, 2026 @ 11:44 am By Omar Faridi  |  

UK Finance has recently commented on how Europe is currently witnessing a considerable shift in the cryptocurrency and web3 sector, with digital assets increasingly integrating into everyday financial operations. Regulatory advancements, such as the European Union‘s Markets in Crypto-Assets (MiCA) framework, are paving the way… Read More

January 11, 2026 @ 3:10 pm By Omar Faridi  |  

Akur8, a provider of insurance pricing and reserving solutions, announced its acquisition of Matrisk AI. This latest move integrates powerful filings search and market intelligence capabilities into Akur8’s AI-driven platform, empowering insurers with deeper regulatory various insights and competitive advantages. Akur8 has established itself as… Read More

December 9, 2025 @ 3:13 pm By Omar Faridi  |  

Socure has announced that it is acquiring Qlarifi, establishing the real-time BNPL credit system and setting a standard for accessible payments. With Qlarifi, Socure now combines identity verification as well as risk decisioning with BNPL-specific visibility “to help lenders say “yes” to good customers faster… Read More

November 16, 2025 @ 9:49 pm By Omar Faridi  |  

Equifax (NYSE: EFX) is assisting regulated businesses with the introduction of new AML Compliance Solutions designed to lessen the burden of AML (anti-money laundering) regulatory compliance for FS firms and related industries by flagging potential associations between “a prospect and activities that may indicate potential… Read More

October 31, 2025 @ 4:09 am By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by transparent machine learning, announced recently that Branch, an insurance company that uses data, tech, and automation to make bundling home and auto insurance easier, implemented its pricing solution to bring speed, consistency, and transparency to actuarial… Read More

October 22, 2025 @ 7:10 pm By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by machine learning, recently announced the launch of Rate Repo and Deploy, two additions to the platform that aim to expand the capabilities of its pricing suite and reinforce its position as the insurance industry’s actuarial platform…. Read More

October 4, 2025 @ 7:09 am By Tony Zerucha  |  

Socure, a provider of artificial intelligence for digital identity verification, authentication, KYC, KYB, sanctions screening, and fraud prevention, has launched Socure Signals, giving enterprises direct access to the feature store powering Socure’s ML models. At launch, Socure Signals delivers more than 250 features, with expansion planned in… Read More

August 10, 2025 @ 7:43 pm By Omar Faridi  |  

The venture capital ecosystem for artificial intelligence continues to evolve rapidly, as highlighted in PitchBook’s Q2 2025 AI VC trends update. This report underscores AI’s pivotal role in driving global tech advancements, with significant investment activity shaping the sector’s trajectory. In Q2 2025, AI and… Read More

July 11, 2025 @ 2:54 am By Omar Faridi  |  

The artificial intelligence (AI) and machine learning (ML) sector has solidified its position as the powerhouse of venture capital (VC) investment, with a record-breaking $73.6 billion raised across 1,603 deals in the first quarter of 2025, according to PitchBook’s Q1 2025 AI & ML VC… Read More

July 6, 2025 @ 1:47 am By Omar Faridi  |  

In a recent update shared by Insurtech Akur8, Davide Burlon, the company’s Chief Product Officer, shared key insights on the evolving landscape of insurance pricing and reserving. As an executive at Akur8, an insurtech platform enhancing actuarial processes through transparent AI and machine learning, Burlon’s… Read More

June 24, 2025 @ 11:29 am By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by transparent machine learning, is pleased to announce the appointment of Dino Draghi as Head of Brazil, doubling down on its strategic commitment to the country. Based in São Paulo, Dino will lead Akur8’s local operations, “with… Read More

June 16, 2025 @ 12:05 pm By Omar Faridi  |  

Equifax (NYSE: EFX) has secured 35 new patents in the first half of 2025. These new patents, which bring the number of Equifax issued or pending patents to nearly 650 patents spanning 15 countries, “encompass distinctive techniques in artificial intelligence and machine learning, data &… Read More

May 18, 2025 @ 10:23 pm By Omar Faridi  |  

Openlayer, a unified platform for evaluation and governance of AI systems at the enterprise level, announced a $14.5 million Series A round, led by Race Capital with participation from NXTP, KPN Ventures, Mindset, Y Combinator, Quiet Capital, and Telefonica. The company will leverage the new… Read More

May 14, 2025 @ 2:19 pm By Omar Faridi  |  

TrueAccord, a Fintech specializing in digital-first debt collection, has been reinforcing its commitment to consumer-friendly practices. Through a strategic acquisition, a key appointment to a regulatory advisory committee, and insightful analysis of Q1 economic trends, TrueAccord is positioning itself as a key player in the… Read More

March 26, 2025 @ 4:04 pm By Omar Faridi  |  

Trulioo, an identity platform with proven global coverage for person and business verification, announced across-the-board advances in its Identity Document Verification from innovation around AI and machine learning models. Trulioo has found advanced fraud techniques – such as ID alterations and deepfakes – account for… Read More

January 13, 2025 @ 8:34 am By Omar Faridi  |  

PitchBook has shared key insights focused on the artificial intelligence (AI) and machine learning (ML) ecosystem. PitchBook noted in the latest report that investors bid up Elon Musk in AI horse race—xAI’s value has been surging in secondary trading. According to Caplight estimates, xAI’s secondary… Read More

January 9, 2025 @ 2:57 pm By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by transparent machine learning, is pleased to announce that Farm Bureau Insurance Company of Idaho, the property-casualty insurance company headquartered in the Gem State, has selected Akur8’s Core Platform solution to streamline the development of “high performing,”… Read More

January 6, 2025 @ 1:18 am By Omar Faridi  |  

HighRadius announced that it has been awarded an exclusive patent by the United States Patent and Trademark Office for a Machine Learning (ML)-based system and method for correcting image data. By addressing the limitations of optical character recognition (OCR) engines, the new approach significantly “reduces… Read More