Insurers already reaping benefits of machine learning: Google24/03/2017 Patrick Buncsi News
Machine learning is set to usher in the 'next evolution of the internet' say industry insiders. Cameron Haynes, Senior Industry Analyst at Google, reveals that next-generation ‘smart machines’ are already bearing fruit for insurers.
CBA to fully digitise, consolidate TPD claims process24/03/2017 Patrick Buncsi News
CBA is developing an integrated and fully digitised platform for TPD (total and permanent disability) and income protection insurance claims handling, confirmed Neil Whiteing, Executive General Manager for CBA’s Wealth Management division, and featured keynote at the FST Future of Insurance conference.
Vietnamese start-ups see 46% rise in investment24/03/2017 Hope William-Smith News
The fintech sector in Vietnam raised a total of $129 million in 2016 with a spike in start-up deals last year, valued at $205 million, according to a Topica Founder Institute Report.
South Australia tackles outages with cloud services22/03/2017 Shahida Sweeney Government
A new “virtual” power plant has been launched in Adelaide with access to cloud services to connect homes and businesses.
Australia spends $730 million on defence technologies22/03/2017 Shahida Sweeney Government
Minister for defence Industry, Christopher Pyne, has unveiled a $730 million next-generation technologies funding program to boost defence capability and innovation.
H2 Ventures accelerator welcomes a fourth cohort22/03/2017 Hope William-Smith News
H2 Ventures this week announced the accelerator would invest in its fourth cohort of start-ups for the country’s sole accelerator program.
Yes Bank partners with Payjo for AI offering22/03/2017 Hope William-Smith News
Yes Bank has this week announced a collaborative partnership with Silicon Valley-based artificial intelligence platform, Payjo, for the development of the ‘YES Pay Bot’.
Citi hits 1 million biometrics banking clients21/03/2017 Hope William-Smith News
One million Citibank customers in the Asia-Pacific are active users of the bank’s voice biometrics authentication offering.
Regtech could boost compliance21/03/2017 Malavika Santhebennur News
Regulatory and technological developments could aid in better detecting and responding to misconduct, according to the Australian Securities and Investments Commission.
Bangkok Bank partners with Nest to launch fintech start-up program21/03/2017 Hope William-Smith News
Bangkok Bank has announced the launch of its 12-week fintech start-up program which was aimed at solidifying Thailand’s commitment to adopting new technologies.
Standard Chartered appoints new CEO20/03/2017 Hope William-Smith News
Standard Chartered has announced the appointment of the bank’s first Arab chief executive for its business in Qatar.
Sixty per cent of banks to invest in new technologies20/03/2017 Hope William-Smith News
A majority of banks had signalled intention to invest in customer-facing technologies but did not expect their performance to improve over the long term as threats from fintech disruptors increased.
Visa’s e-payment sunglasses ready for launch20/03/2017 Hope William-Smith News
A prototype pair of tap-to-pay sunglasses has been unveiled by global payments giant, Visa, which would be first used by athletes during the World Surf League.
Regtech launches virtual ID for business compliance15/03/2017 Hope William-Smith News
Regulation technology company e4 has introduced a real-time virtual ID verification solution to assist businesses to save with the use of simple compliance offerings.