By Nick Smith, VP Sales & General Manager APAC, Smart Communications The future investment of AI in banking is undeniable, with projections showing that generative AI investments in APAC are expected to reach $175 billion by 2028. In 2025 alone, over 40% of AI investment is expected to be in the finance and banking industry….
1. Why is unstructured data a significant challenge for the insurance industry? The insurance industry relies heavily on information from documents like emails, PDFs, and handwritten forms. Approximately 80% of all data in the insurance industry is unstructured, hidden within everyday correspondence such as submissions, legal demands, and medical records. The inability to efficiently leverage…
Dubai, 10 May 2024: The much-awaited Grand Finale of the FinTech World Cup (FWC) hosted by Trescon in partnership with Dubai FinTech Summit (DFS), VISA, Emirates NBD & Amazon Web Services (AWS), witnessed committed investments totalling worth over USD 9,250,000 (9.25 million) by various investors. In an intense showdown, 15 qualified start-ups from around the…
April 15th 2024 | Manama, Bahrain / Dubai, UAE / London, UK: Fils, a pioneering force in climate-positive transactions, empowering businesses of all sizes to embed climate positivity into transactions using their APIs, is thrilled to announce a strategic partnership with Aion, a leader in digital banking solutions. This groundbreaking collaboration aims to set new standards in…
Alberta, Canada- Invest Alberta, the investment attraction agency for Canada’s fastest-growing province, brings an innovative outlook on energy investments to this year’s CERAWeek conference. Joining with energy leaders from around the world, Invest Alberta will profile the region’s pivotal role at the forefront of responsible and diverse energy production. Supported by decades of energy growth…
Up-round investment to accelerate vertical and regional expansion, product innovation, and strategic partnerships Sydney – March 7, 2024 – Claroty, the cyber-physical systems protection company, today announced it has secured $100 million in strategic growth financing. Participants include lead equity investor Delta-v Capital, as well as AB Private Credit Investors at AllianceBernstein, Standard Investments, Toshiba Digital…
By Sigita Kotlere, CEO and a board member of Nectaro, a fully licensed investment platform To review current financial situation and future strategy, firstly, everyone should evaluate current financial handedness and behavioral patterns, goals for this year and the long run along with opportunities to save and invest. Indeed, investing can grow your long-term wealth, but you…
