News

Blockchain transaction value to rocket over coming years

The value of global blockchain transactions is set to reach an unprecedented $3.4trn by 2023 as financial institutions increasingly look to the technology to improve their bottom lines.

Wednesday 17

April 2019

Insurers told to prepare for new wave of digital disruption

Insurance companies will have to offer personalised policies delivered in real-time if they are to thrive in a ‘post digital’ era, consultancy firm Accenture has warned.

 

Friday 12

April 2019

Global businesses failing to scale automation technologies

Investment in intelligent automation (IA) technology has failed to deliver fast enough returns, with many projects still stuck in “pilot mode”.

 

Tuesday 2

April 2019

Global FinTech investment more than doubles

Investment in financial technology ventures more than doubled across the world last year, with the UK and US both enjoying record levels of fundraising.

 

Friday 1

March 2019

Four-fold increase in AI cost savings predicted for insurers

Artificial intelligence (AI) is projected to have a “highly disruptive” impact on insurance claims management worldwide, resulting in a more than four-fold increase in cost savings.

Wednesday 20

February 2019

Digital transformation presents ‘acute’ skills shortage for financial services

Financial services companies are looking to digital transformation at a greater rate than most vertical market businesses, and are facing an “acute shortage” of skills as a consequence.

Friday 08

February 2019

Companies face $5.2trn in cybercrime losses over next five years

Cyber attacks could cost businesses as much as $5.2trn (£4trn) in additional costs and lost revenue over the next five years.

Monday 28

January 2019

10-fold increase in blockchain and cryptocurrency investment

Blockchain and cryptocurrency developers benefited from record levels of investment in the UK last year.

Wednesday 09 

January 2019

Two-fold increase in InsurTech investment recorded

More than $1.3bn (£1bn) was invested in insurance technology firms in the third quarter of this year, double the amount recorded in the previous three months.

Thursday 20

December 2018

AI chatbots to take huge pressure off healthcare services

The number of patients turning to artificial intelligence (AI) for their healthcare is set to explode over the next five years, saving hospitals billions of dollars in the process.

Wednesday 5 

December 2018