Ant Insurance Uses AI to Boost Health Claim Processing by 55% in 2024
In 2024, leading insurers in China processed 7.25 million health claims through Ant Insurance, Ant Group’s online insurance brokerage platform, marking a 55% year-over-year increase. Total health claim payouts on the platform reached RMB 9.2 billion (USD 1.3 billion). This growth is driven by ongoing innovations in product offerings and user experience, which build trust […]
Accenture and Hyperproof announce a strategic alliance
The Governance, Risk, and Compliance (GRC) market is undergoing unprecedented change, with increasingly stringent requirements demanding innovative solutions. Recognizing the need for disruption through automation to enhance efficiency and bolster trust, Hyperproof announced a strategic alliance with Accenture, the leading global IT services company. As companies struggle to keep pace with escalating GRC demands like […]
Sun Life announces technology partnership with UKG
Sun Life U.S., a leading provider of group benefits and health services, yesterday announced a new technology partnership with UKG, a leading provider of HR, payroll, workforce management, and culture solutions for all people. The partnership will enable Sun Life clients who use UKG Pro Workforce Management to save hundreds of hours on absence management tasks. […]
Indonesia’s technology masterminds to form the biggest huddle at digitalCIO 2024
In the wake of “Making Indonesia 4.0”, the country’s Chief Information Officers (CIOs) are burdened with getting the maximum output from emerging technologies. While tech adoption is being considered as the primary fuel for economic boom, the same has been expected to give a $2.8 trillion gain by 2040, as per Indonesia’s Ministry of Finance. […]
Keyloop inks a definitive agreement to acquire ATG
Keyloop, a leading global automotive technology company, yesterday announced it has entered into a definitive agreement to acquire ATG, an innovative provider of automotive technology focused on omnichannel retail solutions. Headquartered in Kent, UK, ATG employs over 330 people. Its solutions are chosen by automotive retailers, OEMs, financiers and fleet suppliers in more than 80 […]
Ubirider announces closing of USD 1.95Mln seed round
Ubirider, a mobility fintech company and creator of Ubirider Platform, a digital mobility-as-a-service (MaaS) platform for transport providers, riders and cities that helps move people, information and payments seamlessly, yesterday announced that it has closed a seed round of funding co-led by Techtree Investments, an investment vehicle from CTT and managed by Iberis Capital, and Cedrus R&D III, […]
Northern Trust Appoints Dotti Reeder Market President for Dallas-Fort Worth
Northern Trust has appointed Dotti Reeder as Market President of Dallas-Fort Worth, where she will lead the wealth management business serving high-net-worth individuals and families. Reeder will oversee offices at Saint Ann Court, Park Cities and Fort Worth dedicated to delivering exceptional service, renowned expertise and an innovative goals-driven wealth management approach for clients. She […]
AI and credit scoring: How new technology is changing the landscape
Lenders’ assessment of creditworthiness is undergoing major changes thanks to artificial intelligence (AI) and machine learning. As these innovative technologies continue to evolve, they promise to greatly impact credit scoring and make accessing loans quicker and fairer. The Traditional Method of Credit Scoring The traditional FICO score has long been the standard for determining someone’s credit […]
TaskUs announces collaboration with Amazon Web Services
TaskUs, Inc., a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, announced recently it is strengthening its relationship with Amazon Web Services, Inc. (AWS) by leveraging the latest generative artificial intelligence (GenAI) services from AWS. TaskUs is using Amazon Bedrock to help power TaskGPT and give clients […]
TerraPay designates Ruben Salazar Genovez as President
TerraPay, a global money movement company, announced the appointment of Ruben Salazar Genovez, recently the Global Head of Visa Direct, as President. As a seasoned veteran of the payments industry with experience at Visa, Citibank, Barclays and Mastercard, Mr Salazar Genovez has established himself as a respected leader in the payments industry. Prior to joining TerraPay, he served as […]
