News
The counterintuitive fix for underperforming AI agents
6+ hour, 8+ min ago (411+ words) Artificial intelligence is rapidly embedding itself in professional services, with tax due diligence firms deploying AI agents to automate research, analyse vast datasets, draft reports and streamline workflows. But according to Taina Tech, many organisations are learning the hard way…...
Zurich expands agentic AI rollout with Cytora partnership
1+ mon, 2+ week ago (348+ words) Zurich Insurance has deployed Cytora's AI-powered risk digitisation platform across five countries in just 90 days, cutting manual underwriting triage time by 80% as part of a wider global rollout. The insurer now plans to expand the platform into more than 20 markets…...
FIS taps Anthropic to automate AML with AI agents
2+ mon, 10+ hour ago (646+ words) Fin Tech Global FIS has announced a partnership with AI company Anthropic to introduce agentic AI into banking, with its Financial Crimes AI Agent serving as the first deployment of the collaboration. The Financial Crimes AI Agent is designed to…...
What insurance analytics gets wrong about data drift and KPI impact
2+ mon, 11+ hour ago (731+ words) Insurance analytics has become more powerful, more automated, and more widespread, yet insurers are still struggling with a familiar problem. They are surrounded by data, alerts, and model outputs, but often unclear on what actually requires action. Across pricing, underwriting,…...
How Delta Parquet is cutting data costs by 99. 7%
2+ mon, 1+ week ago (236+ words) Financial services firms are increasingly turning to Delta Parquet, an open-source, column-oriented file format designed to dramatically reduce the cost and time associated with processing large-scale datasets used in analytics, artificial intelligence (AI) and machine learning (ML) workflows. Built on the…...
Closing the gap: Theta Lake's reconciliation tools
3+ mon, 2+ week ago (381+ words) Regulatory compliance in financial services is built on a single, non-negotiable principle: the completeness and accuracy of records. Across global markets, a dense patchwork of rules governs how firms capture, retain and supervise communications. According to Theta Lake, in the…...
Manulife partners with Akka for enterprise agentic AI platform
3+ mon, 3+ week ago (107+ words) Toronto-based Manulife, a leading life insurance and financial services provider, has partnered with Akka, a provider of enterprise-scale software solutions, to strengthen its enterprise agentic AI platform. The partnership will improve the platform's security, reliability, and performance as Manulife embeds…...
Fin Scan teams with Nexus AML for data-first AML compliance
3+ mon, 3+ week ago (152+ words) Fin Scan has partnered with Nexus AML to help regulated institutions scale data-first AML operations globally. The collaboration is aimed at tackling one of the most persistent challenges in financial crime compliance: data quality. According to a Fin Scan poll…...
How modern fraud detection really works
7+ mon, 1+ week ago (270+ words) Fraud is not just a threat'it's a business model. From crypto scams to deepfake identity theft, bad actors are leveraging increasingly sophisticated technology to commit fraud at scale. According to Resistant AI, with stories like Cambodian tycoon Chen Zhi allegedly…...
How AI is transforming financial data aggregation
7+ mon, 4+ week ago (294+ words) Financial data aggregation has become a cornerstone of modern wealth management, enabling advisers to offer clients a unified view of their portfolios. By collecting and harmonising information from multiple financial institutions, aggregation platforms empower firms to deliver accurate, holistic advice....