The RegTech solutions market for cryptocurrencies is on a trajectory to skyrocket to $12.5 billion by 2034, up from a value of $3.1 billion in 2024. This substantial growth, fueled by a Compound Annual Growth Rate (CAGR) of 15.5%, is driven by the increasing necessity for advanced regulatory
As check fraud becomes an increasing concern, VeraBank and the Independent Community Bankers of America (ICBA) have joined forces in partnership with the U.S. Postal Inspection Service to address this pressing issue. Check fraud schemes often involve the interception and alteration of legitimate
The insurtech industry in Australia faces a compelling mix of challenges and opportunities, as detailed in a recent report commissioned by Insurtech Australia. Identifying significant barriers to investment, the report underscores the sector's reliance on the perseverance and resilience of its
Zurich Insurance Group, a global leader in the insurance industry, has breathed new life into its Innovation Championship with an innovative approach that emphasizes proactivity and strategic alignment. The new program is designed to address specific market challenges by scouting "zebra
The advent of advanced optical character recognition (OCR) technologies has broadened the horizons of data extraction and document management, accentuating the significance of tools that can comprehend and translate multilingual content with precision. Among these innovations, Mistral OCR,
The Court of Justice of the European Union (CJEU) has delivered a pivotal ruling concerning the transparency of automated decision-making processes under the General Data Protection Regulation (GDPR). This decision has significant implications for the obligations of data controllers and the rights
Simon Glairy is a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. In this interview, we will explore the journey behind Outmarket AI, the specific challenges it aims to address in the insurance industry, and the
In the dynamic realm of modern insurance, the balance between stringent regulatory frameworks and the need for innovation remains a persistent challenge for industry leaders. Navigating complex regulations while striving for technological advancements is key to remaining competitive and ensuring
Feedzai has recently launched ScamAlert, a cutting-edge fraud prevention platform powered by GenAI. This innovative tool aims to revolutionize the fight against sophisticated scams targeting consumers. Given the growing complexity of fraudulent schemes driven by advancements in AI, a robust
El Camino College faces a significant issue with a rise in fraudulent enrollments, creating complications for faculty members, administrative staff, and genuine students. This troubling scenario is exemplified by social science professor Akello Stone, who discovered an astonishing 40 fraudulent
