Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry, today announced Elephant Insurance selected the company to help improve fraud detection in the P&C insurer’s claims process. Read More: PPS Goes Green with Exceet to Power Sustainable Cards for the Fintech Industry......
Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry today published its latest analysis of the fraud trends being faced across the insurance industry. In Shift Technology Fraud Insights Vol. 2: November 2020, the company focuses in on the schemes driving Fraud, Waste, and......
Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry announced its fraud detection technology has been selected by digital native neo-insurance company Luko. Read More: SAP Extends Its Lead in the Dow Jones Sustainability Indices Since its launch in May 2018, Luko has......
Company’s Force Technology Solution to Provide AI-based Insurance Decision Science to Key Claims Processes Shift Technology, a provider of AI–native fraud detection and claims automation solutions for the global insurance industry, and Central Insurance today announced that Shift will support Central Insurance’s fraud detection and subrogation initiatives. As a result,......
UI Eligibility suite of services delivers verification data sets and authentication tools to help identify and prevent imposter and fraudulent claims Equifax, announced a new solution set designed to help state unemployment agencies identify and prevent potential instances of unemployment insurance (UI) fraud. To address the concerns about rising reports......
Nemesysco, a leading provider of voice analytics technologies and solutions for genuine emotion detection, announced that the company has deployed a voice analytics solution together with its local integration partner Softtek for the China Pacific Insurance Company (CPIC). Read More: GlobalFintechSeries Interview with Nick Cowan, CEO of the GSX Group CPIC is one of the......
Generative AI and advanced analytics automate processes to help financial institutions meet regulatory timelines and ensure customer satisfaction NICE Actimize, a NICE business announced the availability of the market’s first AI-powered Fraud Investigations solution that facilitates end-to-end fraud management capabilities from detection to investigations. Explicitly designed to enable fraud investigations post detection, the new......
By Heather H. Wilson and Patrick J. O’Neill, CLARA Analytics and Redhand Advisors AI is exploding, particularly as large language models (LLMs) have infiltrated everyday life. Almost every new mainstream product seems to promote some usage of AI, and industry after industry is being transformed by its capabilities. But despite......
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......