Allianz Rolls Out AI in Handling Claims

Allianz Rolls Out AI in Handling Claims

Artificial intelligence (AI) is expected to minimize the time taken in handling claims. Allianz has rolled a “defendant hub” that...
Envestnet Yodlee Acquires AI Conversational Banking Provider

Envestnet Yodlee Acquires AI Conversational Banking Firm

Recently, Envestnet Yodlee, a data analytics and aggression platform, acquired Abe AI, which is best known for providing conversational...
Deloitte Says that 19% of Financial Services are Using AI

Deloitte Says that 19% of Financial Services are Using AI

A recent report by Deloitte revealed that  banking institutions have increasingly been investing their money in machine learning and...
3 Unstoppable Technologies Transforming Banking

3 Unstoppable Technologies Transforming Banking

Financial institutions generally agree that automation is increasingly changing their industry in many ways, even though many are yet...
Venture Capitalist Invest a Record $9.3B into AI Startups in 2018

Venture Capitalist Invest a Record $9.3B into AI Startups in 2018

Artificial intelligence is one of the most popular technologies of this modern era. The technology has attracted the attention of...
Artificial Intelligence Revolution Disrupts Investment Banking

Artificial Intelligence Revolution Disrupts Investment Banking

Tobias Taupitz landed a job in Barclays’ mergers and acquisitions (M&A) team based in London after beating thousands of...
AI Startup Targeting Banks Reaches Unicorn Status

AI Startup Targeting Banks Reaches Unicorn Status

Fourth Paradigm forms the newest startup in China to hit a valuation exceeding $1 billion. The startup was founded three...
AI Powered InsurTech Startup Zesty.ai Raises $13 Million

AI Powered InsurTech Startup Zesty.ai Raises $13 Million

Zesty.ai, a San Francisco Bay Area-based artificial intelligence startup, recently announced the closing of its Series A funding exercise...
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