Search Results for: business insurance

Finix Launches Automated Merchant Underwriting
Digital Payments News

Finix Launches Automated Merchant Underwriting

GlobeNewswire
by GlobeNewswire0
The no-code solution enhances compliance, streamlines and reduces costs, and simplifies onboarding for improved customer experiences Finix, the full-stack payment processor enabling businesses to accept and send payments, launched its Merchant Underwriting solution to automate underwriting workflows and streamline merchant onboarding processes. Finix’s latest solution collects and verifies necessary information via......
Cognizant and FICO Partner to Help Banks Prevent Real-Time Payments Fraud
Digital Payments News

Cognizant and FICO Partner to Help Banks Prevent Real-Time Payments Fraud

PR Newswire
by PR Newswire0
Cloud-based solution provides banks and payment providers with fraud protection powered by artificial intelligence and machine learning Cognizant announced a planned collaboration with FICO, a leading analytics software company, to launch a cloud-based real-time payment fraud prevention solution powered by FICO Falcon Fraud Manager. The joint offering would leverage both firms’ artificial intelligence (AI) and......
Ally Financial Declares Dividend on Common Stock and Series B and Series C Preferred Stock
Digital Payments Fintech News

Ally Financial Declares Dividend on Common Stock and Series B and Series C Preferred Stock

PR Newswire
by PR Newswire0
Additionally, a dividend payment was declared on Ally’s 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C, of approximately $11.8 million, or $11.75 per share, and is payable to shareholders of record as of April 30, 2024. The board of directors of Ally Financial declared a quarterly cash dividend of $0.30 per......
Mphasis Collaborates with AWS to Launch Gen AI Foundry for Financial Services
Artificial Intelligence News

Mphasis Collaborates with AWS to Launch Gen AI Foundry for Financial Services

Fintech News Desk
by Fintech News Desk0
The collaboration marks a significant milestone as Mphasis establishes the Gen AI Foundry, led by Mphasis.AI Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced a multi-year global agreement with Amazon Web Services (AWS). The collaboration marks a significant milestone as Mphasis establishes the Gen......
Exploring Blockchain Technology
Blockchain Featured Fintech

Exploring Blockchain Technology 

Prajakta Ayade
by Prajakta Ayade0
Blockchain technology, the fundamental idea behind cryptocurrencies like Bitcoin, is changing many industries. Initially conceptualized as a decentralized ledger system to facilitate secure digital transactions, its applications have expanded far beyond finance. Blockchain technology has emerged as a revolutionary force, disrupting traditional systems and bringing in a new era of......
Deloitte Invests $2 Billion to Accelerate Industry Advantage for its Clients
Investment Services News

Deloitte Invests $2 Billion to Accelerate Industry Advantage for its Clients

PR Newswire
by PR Newswire0
This strategic investment creates new approaches to rapidly building industry-focused solutions by leveraging domain experience, coupled with the principles of modern engineering, AI, and cybersecurity. This is designed to help accelerate industry-proficiency programs for Deloitte professionals with a focus on applied technology. As technology rapidly evolves, businesses across industries are......
SecurityScorecard Threat Research: 21% of S&P 500 Companies Reported Breaches in 2023
Finance Fintech News

SecurityScorecard Threat Research: 21% of S&P 500 Companies Reported Breaches in 2023

Business Wire
by Business Wire0
The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information Security Officers (CISOs). According to the latest threat research from SecurityScorecard, 21% of S&P 500 companies experienced breaches in 2023. The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information......
"SunCar Technology Group Inc. Partners with China CITIC Bank International"
Banking News

SunCar Technology Group Inc. Partners with China CITIC Bank International to Elevate Private Banking Travel Experience

PR Newswire
by PR Newswire0
This three-year partnership will leverage SunCar’s expertise in corporate travel services to help CNCBI’s provide unmatched service quality and client satisfaction to CNCBI’s discerning private banking clients. SunCar Technology Group, an innovative leader in digitalized automotive services and auto e-insurance in China, announced that it will offer exclusive airport concierge car......
Luma-Financial-Technologies-Announces-a-Collaboration-with-BNY-Mellon’s-Pershing-to-Provide-Next-Level-Annuity-Management-Solutions
Finance Fintech News

Luma Financial Technologies Announces a Collaboration with BNY Mellon’s Pershing to Provide Next-Level Annuity Management Solutions

Business Wire
by Business Wire0
Through Pershing’s award-winning custodial platform, NetX360 ®+, advisors will be able to access Luma’s educational materials, analytics, and suitability tools to help them streamline and manage sales activities for all annuity product types. Luma Financial Technologies (“Luma”), the world’s top independent, multi-issuer, structured products and annuities platform, and BNY Mellon’s......
$50 Billion Opportunity Emerges for Insurers Worldwide From Generative AI’s Potential to Boost Revenues and Take out Costs
InsurTech News

$50 Billion Opportunity Emerges for Insurers Worldwide From Generative AI’s Potential to Boost Revenues and Take out Costs

PR Newswire
by PR Newswire0
As generative AI continues to evolve, Bain urges insurance companies to take several critical steps to adapt to the fast-developing technology. Insurance businesses worldwide have a $50 billion dollar financial opportunity from generative AI to harness the technology in ways that could boost their revenues by as much as 20% and cut......
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