The insurance sector is venturing into a transformative era, where customer experience (CX) has become the cornerstone of competitiveness and corporate identity. Amidst a sea of similar products and services, insurers realize that a superior CX can set them apart in a saturated market. With the
The world is fast embracing the digital era, and with it, the significance of AI trust in the public sphere has burgeoned. At the heart of this technological paradigm, MITRE has launched its AI Assurance and Discovery Lab—a beacon of hope for those alarmed by the integration of AI into government
As the global community continues to tackle the impacts of COVID-19, the integration of technology, and specifically AI, into testing protocols is of paramount importance. With the introduction of cutting-edge digital solutions like the Segtnan™ app, we are witnessing a significant leap forward in
The insurance industry is embracing a critical technological transformation. Innovations such as artificial intelligence, cloud computing, and more are reshaping operations and customer experiences. This progression is crucial for survival and success in an evolving landscape, marking a new era for
The UK remains a beacon for financial tech progress, particularly within RegTech—a sector that thrives as it tackles increasingly sophisticated regulations. At the pinnacle of this innovative domain, Detected has earned the top ranking on the prestigious RegTech 50 for 2023 list by BusinessCloud, a
EPIC's Allegations The privacy watchdog EPIC has filed a complaint with the FTC against Thomson Reuters's "Fraud Detect" software, arguing that its faulty fraud predictions could erode public trust. The tool analyzes a range of personal data, including individuals’ shopping and social media
The insurance industry is facing a critical challenge with fraudulent claims, which cause significant financial losses. As a result, there has been a heightened necessity for increased security measures. Enter Artificial Intelligence (AI), a beacon of cutting-edge technology, which is
The FDA has approved a significant breakthrough in medical technology: the AI-powered Sepsis ImmunoScore by Prenosis. This advanced diagnostic tool promises to transform the identification and treatment of sepsis, a severe and often fatal infection response. Leveraging artificial intelligence, the
The Lawsuit Unfolds Claims of Deceptive Marketing A legal chapter against Bank of America unfolds as a case over a contentious overdraft fee relief program proceeds in the Northern District of California. Plaintiffs Anthony Ramirez, Mynor Villatoro Aldana, and Janet Hobson allege the bank lured
Advancing AI Governance Strengthening International Cooperation The U.S. and the U.K. have embarked on a joint mission to guide the ethical progression of AI technology. This alliance, inspired by pledges at the Bletchley Park AI Safety Summit, aims to lead the global AI safety dialogue by
