Pandemics such as the coronavirus can lead to an unforeseen disruption of business operations. Several parts of the world are under complete lockdown. As cases of infected individuals surge rapidly, businesses are faced with increased risk of...

The London Interbank Offered Rate (LIBOR) has been a global yardstick for interest rates at which banks borrow across borders, since 1986. However, in light of the LIBOR-fixing outrage and the ensuing $10 billion in penalties, both regulators...

Reinforcement Learning (RL) is the next revolution in AI. It is an advanced machine learning algorithm that has the potential to form the basis of autonomous systems with decision-making capabilities. Reinforcement learning is based on a feed...

In today’s highly volatile market, the financial industry is under tremendous pressure to keep costs low while delivering enhanced value. Customers today expect quick and easy access to services, greater personalization and value for money....

The possibilities offered by blockchain have been sparking intense discussions everywhere from boardrooms to technology summits for the past few years. Charged with several use cases and multiple applications across industries, this technolog...

Efficient claims management is the holy grail for insurance companies. Poor claims management can increase insurer’s costs significantly, eating up almost 80 percent of the revenue earned from premiums. As a result, a growing number of ...

Netscribes discusses three top trends in the fintech industry that will be adopted by banks and financial services to improve the overall customer experience....

Netscribes research on SME insurance in Singapore reveals the key reasons for companies lacking insurance or being under-insured....

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