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The three trends supporting fintech growth in Australia
Data Analytics

The three trends supporting fintech growth in Australia

Australia's fintech sector, powered by innovation, technology, and government backing, has surged from AUD $250 million in 2015 to AUD $45 billion in 2023.

By Annexa • 5 min read • Thu, 30th May 2024
Ansvar partners with Interactive to modernise tech & boost security
Data Protection

Ansvar partners with Interactive to modernise tech & boost security

Ansvar teams up with Interactive to modernise their tech stack and bolster security measures, driving enhanced risk management and regulatory compliance.

By Kaleah Salmon • 3 min read • Thu, 30th May 2024
Zurich & UTS AI partnership transforms underwriting process
Unified Communications

Zurich & UTS AI partnership transforms underwriting process

Zurich and UTS have developed AI models to streamline life insurance underwriting, significantly cutting the time for decisions on mental health disclosures from 22 days to instant approvals.

By Catherine Knowles • 3 min read • Mon, 27th May 2024
Generative AI could boost Australia's economy by USD $269 billion
Generative AI

Generative AI could boost Australia's economy by USD $269 billion

New research by Accenture shows generative AI could boost Australia's economy by USD $269 billion by 2038, adding 0.75% to annual GDP growth.

By Sean Mitchell • 3 min read • Thu, 23rd May 2024
Cyber attacks impact 60% of mid-sized Australian businesses
Fintech

Cyber attacks impact 60% of mid-sized Australian businesses

A MYOB survey reveals that three in five mid-sized Australian businesses have faced cyber attacks, with the highest rates in finance and insurance sectors.

By Shannon Williams • 3 min read • Wed, 22nd May 2024

Global Stories

Insurance stories

Brands & AI gear up for Olympics spotlight & challenges
Customer Experience

Brands & AI gear up for Olympics spotlight & challenges

Brands worldwide prepare to leverage the 2024 Summer Olympics' extensive visibility, with 41% of US adults poised to follow closely.

By Sean Mitchell • 3 min read • Tue, 16th Jul 2024
Outsized expands into ANZ region amid growing talent demand
Digital Transformation

Outsized expands into ANZ region amid growing talent demand

Outsized has announced its expansion into the Australian and New Zealand markets, addressing the rising demand for skilled independent talent in key sectors.

By Imee Dequito • 3 min read • Wed, 3rd Jul 2024
Creatio secures USD $200 million to reach unicorn status
Customer Relationship Management

Creatio secures USD $200 million to reach unicorn status

Creatio secures USD $200 million in funding, reaching a USD $1.2 billion valuation. Led by Sapphire Ventures, this investment will bolster global expansion and AI innovation.

By Kaleah Salmon • 3 min read • Tue, 2nd Jul 2024
OutSystems Developer Cloud earns SOC 2 attestation for security
Marketing Technologies

OutSystems Developer Cloud earns SOC 2 attestation for security

OutSystems secures SOC 2 attestation for its Developer Cloud, ensuring heightened security for mission-critical applications across highly regulated industries.

By Sean Mitchell • 2 min read • Fri, 28th Jun 2024
Affinda raises USD $10 million to expand AI team & global reach
Artificial Intelligence

Affinda raises USD $10 million to expand AI team & global reach

Affinda Group secures USD $10 million in latest funding round, raising total to USD $22.9 million over 18 months, and now valued at USD $120 million.

By Kaleah Salmon • 3 min read • Tue, 25th Jun 2024
NP Digital acquires SearchGuru to bolster APAC market presence
Marketing Technologies

NP Digital acquires SearchGuru to bolster APAC market presence

NP Digital is set to acquire SearchGuru, boosting its APAC presence and enhancing service offerings. This move adds 120 marketers to NP's 270-strong team.

By Catherine Knowles • 3 min read • Wed, 5th Jun 2024
Generative AI could boost Asia-Pacific economy by $4.5 trillion
EduTech

Generative AI could boost Asia-Pacific economy by $4.5 trillion

New Accenture research suggests responsible AI adoption could boost APAC's economy by $4.5 trillion in 15 years, elevating GDP growth by 0.7 percentage points annually.

By Catherine Knowles • 3 min read • Fri, 24th May 2024
Dragos forges key partnerships to enhance OT cybersecurity
Disaster Recovery

Dragos forges key partnerships to enhance OT cybersecurity

Dragos partners with top insurance, brokerage, and legal firms to bolster OT cybersecurity, creating a unified incident response framework against cyber hazards.

By Sean Mitchell • 2 min read • Wed, 22nd May 2024

Stories from Other Regions

Insurance stories

SoftServe study shows global gap in generative AI success
Generative AI

SoftServe study shows global gap in generative AI success

While 22% of firms globally effectively utilise Gen AI, a SoftServe study highlights prevailing data and skill gaps, reflecting similar trends in Singapore.

By Shannon Williams • 3 min read • Fri, 28th Jun 2024
EsseVault expands into professional services with EssePro platform
Unified Communications

EsseVault expands into professional services with EssePro platform

New Zealand's EsseVault ventures into professional services with EssePro, a platform poised to revolutionise customer interactions in law and insurance sectors.

By Catherine Knowles • 2 min read • Fri, 14th Jun 2024
Momentum Life enhances quality assurance with AI bot QBOT
Digital Transformation

Momentum Life enhances quality assurance with AI bot QBOT

Momentum Life has launched QBOT, an AI-powered quality assurance bot by Quanton, to enhance compliance and customer service.

By Shannon Williams • 3 min read • Thu, 30th May 2024
Discovermarket partners with Globe to launch cyber insurance in Philippines
Insurance

Discovermarket partners with Globe to launch cyber insurance in Philippines

Discovermarket partners with Globe to launch CyberInsurance in the Philippines, offering protection against online identity theft and fraud as cybercrime surges.

By Sean Mitchell • 3 min read • Thu, 23rd May 2024