generative AI - FinTecBuzz

Convr® Unveils the Risk Context Engine

June 10, 20265 min

Convr® today unveiled the Convr Risk Context Engine (RCE), the industry’s first knowledge graph and semantic ontology built specifically for commercial property and casualty (P&C) underwriting. Calibrated on a decade of production data and more than 2,500 integrated sources, the RCE powers every AI capability across the Convr AI Underwriting Workbench and gives carriers and MGAs the grounded, explainable foundation that agentic and generative AI alone cannot provide. Carriers, MGAs and brokers are evaluating agentic agents,...

by Anoop Gala

Guest Articles

Bad actors are skilled at using GenAI as a weapon: Here’s how banks can maintain their defenses

June 10, 202617 min

Generative AI is empowering fraudsters with advanced scams, but banks can fight back using AI-driven detection, hybrid models, and human oversight.

by BusinessWire

Investments

Opto Investments Closes AI Fund Focused on Next-Gen Innovation

May 30, 20267 min

The strategy provides fiduciaries with differentiated private markets access to the companies merging AI innovation with real-world applications

by BusinessWire

Banking

Glia Achieves the AWS AI and Financial Services Competencies

May 29, 20263 min

Glia, an intelligent banking interactions platform trusted by over 700 financial institutions, announced today that it has achieved two Amazon Web Services (AWS) Competencies: the AWS AI Competency in the Generative AI Applications category and the AWS Financial Services Competency in the Banking category. This specialization recognizes Glia as an AWS Partner that helps customers and the AWS Partner Network (APN) drive the advancement of services, tools and infrastructure pivotal for implementing AI technologies, including...

by PRNewswire

Direct Lending

Yiren Digital Expands AI Application-Layer Strategic Investments

May 27, 20267 min

Covering AI Entertainment, AI-Assisted Language Learning, and AI Research Productivity Supported by Structured Investment Options and Future Ownership Rights

by Husnain Bajwa

Guest Articles

Post-Pandemic Plus AI: The Fraud Acceleration Era

April 22, 202616 min

Post-pandemic digital growth and AI tools are accelerating fraud at scale, expanding attack surfaces and forcing businesses to rethink risk as a core strategy.

by BusinessWire

Compliance & Scoring

K1x Secures $175M to Expand Tax Compliance Infrastructure

April 17, 20267 min

As the $20+ trillion alternatives investment landscape grows, demands for private market tax reporting and compliance have surged – K1x is building the leading AI-native solutions and infrastructure to power the next generation of tax workflow and performance K1x, an AI-native private markets tax data platform, today announced the closing of a $175 million growth investment led by Sumeru Equity Partners (“Sumeru”), with additional investment from current investor Edison Partners. Sumeru will become the majority...

by PRNewswire

Compliance & Scoring

Covéa Selects Shift Technology for Fraud, Risk Management

April 1, 20265 min

New unified risk intelligence framework addresses fraud and financial crime detection and improves claims efficiency.

by BusinessWire

Platforms

Fuse Announced the Launch of $5M Rescue Fund for Credit Unions

March 17, 20269 min

Backed by $25M from the investors behind Chime and OpenAI, the AI-native platform launches a fund to help 50 credit unions break free from restrictive contracts.

by PRNewswire

Platforms

Credibly Expands AI IP Portfolio With New Patent for SMB Financing Platform

January 29, 20264 min

Credibly, the AI-powered working capital company that champions small and medium-sized businesses (SMBs), announced today that the United States Patent and Trademark Office has issued Credibly a new patent, marking another milestone in the company’s continued investment in AI-driven underwriting and financing. The newly issued patent, U.S. Patent No. US 12,505,113 B2, further strengthens Credibly’s growing intellectual property portfolio and reflects the company’s long-term commitment to embedding Generative AI and Machine Learning directly into the...

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