Search Results for: digital claims

Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040
Finance Fintech

Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040

Business Wire
60% of individuals aged 65 or older have not sought professional financial advice to prepare for retirement or to transfer their wealth Three-in-four consumers are interested in innovative life insurance offerings to help them age well, but insurers lack the product development capabilities The Capgemini Research Institute’s World Life Insurance......
FedNow Service Industry Work Group Issues Market Practices for Request for Payment
Digital Payments News

FedNow Service Industry Work Group Issues Market Practices for Request for Payment

Business Wire
The recommendations outline practices to support effective and widespread industry implementation of instant payments The Federal Reserve released market practices to advance standardized implementation of the request for payment (RFP) feature of instant payments. RFP has the potential to be a powerful tool that financial institutions and service providers can use......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Expert.ai Launches Enterprise Language Model for Insurance
Artificial Intelligence InsurTech News

Expert.ai Launches Enterprise Language Model for Insurance

PR Newswire
ELMI offers insurers a cost-effective, accurate, and flexible language model built specifically to accelerate core processes from underwriting to claims Expert.ai unveiled its “Enterprise Language Model for Insurance” – ELMI, a cutting-edge innovation in domain trained language models, set to help insurers reach their process automation and digital transformation goals......
Pega Infuses AI into Pega Smart Dispute to Streamline Chargeback Processes
Banking News

Pega Infuses AI into Pega Smart Dispute to Streamline Chargeback Processes

PR Newswire
Latest version of market-leading disputes management solution helps banks speed case resolutions Pegasystems Inc., the low-code platform provider empowering the world’s leading enterprises to Build for Change, announced new enhancements in Pega Smart Dispute to help retail banks streamline time-consuming chargeback processes. By infusing its Pega Process AI technology into the software, Pega......
Lincoln Financial launches LincSmart, a simplified benefits administration experience
InsurTech News

Lincoln Financial Launches LincSmart, A Simplified Benefits Administration Experience

Business Wire
Offering access to technology solutions and expert consultation, LincSmart helps deliver an improved benefits experience for employees and less administrative burden for employers. As part of its commitment to enhancing the customer experience, Lincoln Financial Group announced the launch of its new insurance technology (InsurTech) experience, LincSmart. Through the use......
Origami Risk Acquires Dais, Expanding Its Innovative P&C Insurance Solutions
InsurTech News

Origami Risk Acquires Dais, Expanding Its Innovative P&C Insurance Solutions

Business Wire
Origami’s Multi-tenant SaaS Platform and Dais’ No-Code Solutions Propel Speed to Market, Product Creation and Lifecycle Management for MGAs, Insurers and Reinsurers Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, announced it has acquired Dais Technology, a leading provider of no-code insurance technology.......
Prudential Partners With EvolutionIQ To Help Disability Insurance Claimants Recover And Return To Work
Fintech News

Prudential Partners With EvolutionIQ To Help Disability Insurance Claimants Recover And Return To Work

Business Wire
AI-powered claims guidance platform blends human touch with advanced technology for more meaningful customer impact. Prudential Financial, has made a new strategic partnership with EvolutionIQ, a technology company with an artificial intelligence-driven platform that will enhance Prudential’s disability claims ecosystem. Latest Fintech Interview : Global Fintech Interview with Randall Tidwell,......
Banking Cryptocurrency News

JP Morgan’s Blockchain-Based Deposit Token: A Game Changer

Fintech Staff Writer
Blockchain-based digital deposit token According to a source familiar with the matter, JPMorgan Chase & Co. is investigating the feasibility of a blockchain-based digital deposit token to expedite international payments and settlement. According to the source, who asked not to be identified because the topic is private, the largest bank......
Introducing Turkeys.io: A Revolutionary Crypto Project Bringing Fun and Profit Together
Blockchain Cryptocurrency News

Introducing Turkeys.io: A Revolutionary Crypto Project Bringing Fun and Profit Together

GlobeNewswire
Join Turkeys.io: The Ultimate Crypto Racing Game with On-chain Betting! Race, Bet, and Farm Your Way to Crypto Success. Turkeys.io, a groundbreaking crypto project, is set to take the crypto world by storm with its unique and exciting turkey racing game and innovative betting telegram bot. Turkeys.io is designed to......
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