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AI Applications in the Insurance Industry

Artificial Intelligence (AI) encompasses everything from machine learning to the Internet of Things (IoT). Thanks to these tech advancements, AI systems are now able to perform tasks that previously required human intelligence, such as...

AI for Insurance: Friend or Foe?

Over the past five years, we have witnessed substantial startup activity across a broad range of financial services sectors, with fintech funding overall surging from $2.2B in 2011 to $14.4B in 2015 (per CB...

Fintech Accelerating Chatbot Deployments

Your bank really wants to chat. This week Bank of America, MasterCard and several financial start-ups announced new tools — known as chatbots — that will allow customers to ask questions about their financial accounts,...

Bank Of America’s IT Transformation: Benchmarking Against Uber and Amazon

Bank Of America Merrill Lynch is in the midst of sweeping digital transformation involving all aspects of its customer-facing operations. InformationWeek spoke with several of the company's technology executives to find out where IT...

Mastercard deploys conversational commerce bots

The rise of ‘chatcommerce’ continues. Not only has Amazon launched its Echo services that, among other things, lets shoppers tell Amazon what they want to buy, but Mastercard is now launching an artificial intelligence...

ComplyAdvantage raises $8.2M to help companies manage compliance

Back in the days when I did a startup I almost de-railed our VC funding after discovering my passport had expired. Without it I couldn’t pass the anti-money laundering checks imposed on the fancy...

Let these chatbots help you manage your money

Can a chatbot help you manage your money? Three London-based fintech startups are betting on the answer being yes and have jumped aboard the messaging gravy train as they seek to entice millennials to...

4 Predictions about AI and Fintech

Neither artificial intelligence nor fintech – or even the union of the two – is really anything new, despite the recent buzz regarding all of the above. With that being said, we are indeed...

Experts say Blockchain will transform fintech

The application of blockchain technology in the financial services realm is shaping up to transform the sector. Faster and securer transactions are among the expected advantages, while increased automation is likely to impact the need...

AI Learns the Stock Market

It was an accidental discovery. Miami based start up, Premonition, was set up to do legal analytics. They assembled the World's largest litigation database and trained an artificial intelligence system to read it. The results were unexpected....

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