Wisedocs closes $12.7M Oversubscribed Series A

Wisedocs, machine learning software-as-a-service (SaaS) for medical record review, indexing, and summarization closes $9.5M USD ($12.7M CAD) in oversubscribed Series A financing. The Series A is led by Information Venture Partners, an early-stage B2B fintech investment firm; and by Thomson Reuters Ventures and ManchesterStory. Connor Atchison, Founder and CEO of Wisedocs, states, “This latest financing round proves the success of our most recent technological advancements. The claims ecosystem has long remained a siloed and slow-moving machine. With the improvements in...

Qraft Technologies hires Rita Lin as Director of Business Development

Qraft Technologies, a leading invest-tech company developing artificial intelligence (AI) solutions, has announced the hiring of Rita Lin, a senior financial services executive, who will serve as Director of Business Development. As veteran in the industry with 15 years in finance, Lin brings a wealth of expertise, particularly from her over decade-long focus in prime brokerage at industry-leading institutions including Citigroup and Bank of America Merrill Lynch. During her career Lin has played important roles...

CFI reinforces commitment to AI; launched new services & webinars

CFI AI COMMITMENT: CFI, MENA’s leading broker with a legacy of innovation for more than 25 years, has been at the forefront of AI technology in 2023. Committing to using artificial intelligence to empower traders, CFI has been fiercely implementing new technology to their operations.  Announcing an AI-based trading automation tool, Capitalise AI, earlier this year that helps traders automate strategies without the need to have development skills, CFI now announced launching their own development...

Feedzai and Chartis Research release new report

Banks and payment service providers across APAC make progress with fraud prevention but it still remains a challenge, finds new report from Feedzai and Chartis Scam Prevention in Asia-Pacific: A Survey of Banking and Payment Provider Professionals analyzes the strategies which financial institutions in the region are implementing to detect and prevent scams Despite advancements, the report finds scams present a growing challenge in APAC with only 6% of respondents confident in their ability to adapt...

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