In the dynamic landscape of insurance, combating the pervasive threat of money laundering is a multifaceted challenge. As the regulatory landscape evolves and financial crimes become increasingly sophisticated, the need for proactive measures becomes more urgent. Before we delve into four innovative safeguards, let’s address three critical challenges faced by the industry in its ongoing […]
There are various types of business strategies for the organisations to optimise revenue by triggering consumers purchasing decision and providing services or products to customers with alternative payment options. Offering debt in the form of loans is one of the business strategies for the banks to gain interest by compensating the risk of defaults. On […]
Misconduct is improper and wrongful behavior that acted by an individual or a group to gain certain benefits without considering the consequences. In the workplace, it is always a crucial issue that may cause huge unwanted loss to the organisations, damage the organisations’ reputation and competitive position, thus it has been recognised as a type […]
Behavioural science by itself is not something new which refers to the use of scientific methods to study human behaviours. How about applying behavioural science to leverage big data with advanced technologies like Artificial Intelligence (AI) and Machine Learning (ML)? By the meaning itself, behavioural science makes a lot of sense when applying to applications […]
Predicting the future? Some of us might wish to gain this power but some might judge about that. Many technology companies claim that they are able to predict the future with technologies like Artificial Intelligence and Machine Learning. However, is it really possible to predict the future or is it only some advertising tricks to […]