Following the publication of the FCA's Guidance on Cryptoassets Feedback and Final Guidance to CP 19/3, we summarise below the main elements of the guidance and draw some comparisons to our recent publication: Guide to Digital Asset Generating Events co-authored with various legal firms in Luxembourg.
Over 3.6K AI startups in 70+ countries have raised $66B since 2013. In this interactive report built with CB Insights Stories, we provide an overview of the global AI landscape.
Though traditional insurance companies will remain the front runners due to regulations and capital required for an insurance license, partnerships with InsurTech startups will allow them to tackle newer business models such as microinsurance and on-demand insurance.
Advanced analytic capabilities and technologies are advancing much faster than the deployment of artificial intelligence solutions in the banking industry. The ability to use AI to improve the customer experience on a personalized basis is also becoming more affordable to organizations of all sizes. Now is the time for banks and credit unions to embrace AI across the organization.
On the face of it, traditional banking and fintech are not a natural fit. But with high street banks hindered by legacy technology, they are having to place increasing trust in fintech investments.
Many of the banking giants have partnered with or in some cases even acquired fintech businesses in a rapid bid to roll out more innovative products and services.