Insurtech

NEW CASTLE, DE, UNITED STATES, March 5, 2025/ EINPresswire.com/– Allied Market Research published a report, titled, " Generative AI in Insurance Market by Component, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2022-2032". According to the report, the global generative AI in insurance industry generated$ 761.4 million in 2022, and…

KPMG's 2024 Generative AI Consumer Trust Survey found that about half of consumers think there is not sufficient regulation of generative AI right now. The lack of oversight tracks with limited trust that institutions— particularly tech companies and the federal government— will ethically develop and implement AI, according to KPMG. Within the tech…

These growing startups are making the most of the AI revolution to save time and spot fraud for financial institutions, investors and founders.

In 2022, around the time of the FTX crisis, I wrote a column on the risks posed by cryptocurrencies. More than two years later, when Elon Musk just stonewalled the Consumer Financial Protection Bureau- which was investigating several cryptocurrency companies and digital payment apps-digital currencies will likely work their way much deeper into the…

In this week’s Current Climate newsletter, DOGE cuts are creating worries over wildfire preparedness; Tesla feeling blowback from Elon Musk; using AI to protect whales

A federal judge on Saturday temporarily blocked access by the Elon Musk-led Department of Government Efficiency to Treasury Department records containing sensitive personal data, such as the Social Security or bank account numbers of millions of Americans. Judge Paul A. Engelmayer barred access to the payment systems and other Treasury data to "all…

A federal judge early Saturday blocked Elon Musk’ s Department of Government Efficiency from accessing Treasury Department records that contain sensitive personal data such as Social Security and bank account numbers for millions of Americans. The payment system handles tax refunds, Social Security benefits, veterans’ benefits and much more, sending out…