In an era where technological advancements are reshaping industries, the partnership between Fadata and FRISS introduces a groundbreaking approach to risk management and fraud detection in the insurance sector. The integration of Fadata's INSIS platform with FRISS's advanced compliance, risk
In a notable achievement for the company, Quantiphi has secured a prestigious spot on CNBC's World's Top Insurtech Companies 2024 list for its groundbreaking use of artificial intelligence in claim processing and fraud management. This recognition, compiled in collaboration with Statista, puts
The venture capital landscape has seen a significant development with Redalpine's announcement of the successful closing of its largest fund to date, Redalpine Capital VII (RAC VII). This $200 million fund is set to fuel innovations across various high-impact technology sectors in Europe. Despite a
Visa has entered into advanced discussions to acquire the British financial fraud prevention firm Featurespace for a reported £700 million, marking a significant step in Visa's persistent efforts to improve its arsenal of fraud detection technologies. Established in 2008 and based in Cambridge,
In a landmark achievement, Clearspeed, a trailblazing company specializing in AI-powered risk assessment technology, has been honored by being named to CNBC’s inaugural list of the World’s Top InsurTech Companies. This prestigious recognition, presented in collaboration with Statista Inc.,
Banking fraud in the UK is on a worrisome rise. Recent predictions by Juniper Research project a staggering increase in fraudulent transactions, expected to more than double from 4.2 million in 2024 to 8.8 million by 2029. This surge underscores the urgent need for the UK banking sector to bolster
