Search Results for: automotive insurance

Altair Global Survey Reveals Growing Impact of Digital Twin Technology in Banking and Insurance Industries
Artificial Intelligence Banking News

Altair Global Survey Reveals Growing Impact of Digital Twin Technology in Banking and Financial Industries

PR Newswire
by PR Newswire0
Data highlights sector’s broad use of digital twins for behavior modeling, personalization, fraud prevention, and more Altair, a global leader in computational science and artificial intelligence (AI), released results from a global survey that reveals the widespread use of digital twin technology in the banking and financial industries. Although digital twin technology is......
As AI Enters the Auto Loan Equation, Dealers Still Favor Face-to-Face Relationships with Lenders, J.D. Power Finds
Artificial Intelligence Lending News

As AI Enters the Auto Loan Equation, Dealers Still Favor Face-to-Face Relationships with Lenders, J.D. Power Finds

Business Wire
by Business Wire0
Auto lending has become an increasingly electronic process, and dealership finance teams are generally supportive of new technologies like artificial intelligence (AI) being used in the loan adjudication process. But when it comes to building business relationships, there is no substitute for an effective face-to-face sales meeting. According to the......
How Lending Enablement Solutions Improve Auto Lenders’ Financial and Portfolio Growth
Guest Posts Lending

How Lending Enablement Solutions Improve Auto Lenders’ Financial and Portfolio Growth

Matt Roe
by Matt Roe0
The automotive lending industry is facing a unique convergence of challenges, including tightened lending conditions, reduced credit availability, and historically high vehicle prices. Despite these obstacles, emerging Lending Enablement Solutions are helping financial institutions expand their borrower base, increase loan volume, and improve return on assets (ROA) while mitigating risk.......
Conduent to Offer US Federal Reserve’s FedNow Service for Instant Payments
Digital Payments News

Conduent to Offer US Federal Reserve’s FedNow Service for Instant Payments

GlobeNewswire
by GlobeNewswire0
As a technical integrator, Conduent is the first Business Process Solutions company to use the national network from the FedNow Service to connect companies and government agencies with their customers and constituents Conduent Incorporated, a global technology-led business solutions and services company, announced it is expanding its digital payment solutions......
Tractable Announces a $65 Million Series E Investment Led by SoftBank Vision Fund 2
Artificial Intelligence Investment Services News

Tractable Announces a $65 Million Series E Investment Led by SoftBank Vision Fund 2

PR Newswire
by PR Newswire0
Tractable’s AI automates the insurance claims and damage assessment process, enabling real-time condition assessment and accurate repair estimates based on images captured via smartphone Tractable, a leader in artificial intelligence (AI) using computer vision to assess the condition of cars and homes, announces a $65M Series E investment led by SoftBank......
Accel-KKR to Sell Kerridge Commercial Systems Ltd
Investment Services News

Accel-KKR to Sell Kerridge Commercial Systems Ltd

PR Newswire
by PR Newswire0
Accel-KKR, a global technology-focused private equity firm, announced that it has signed a definitive agreement to sell Kerridge Commercial Systems Ltd, an ERP and business management software provider for distributors, wholesalers and related trades, to CapVest Partners LLP, an international private equity firm. KCS, headquartered in Berkshire, England, provides software to over......
Tata Motors Finance Elevates and Simplifies Digital Lending Capabilities with Fiserv
Finance Lending News

Tata Motors Finance Elevates and Simplifies Digital Lending Capabilities with Fiserv

Business Wire
by Business Wire0
Tata Motors Finance Limited (TMFL), one of India’s leading automotive financiers, is fortifying its digital lending capabilities and enabling top-notch customer experiences through a new partnership with Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions. Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief......
Lexasure Financial Group Launches LexasureCloud 1.0 Digital B2B2C InsurTech Platform at InsureTech Connect Asia
InsurTech News

Lexasure Financial Group Launches LexasureCloud 1.0 Digital B2B2C InsurTech Platform at InsureTech Connect Asia

PR Newswire
by PR Newswire0
Lexasure Financial Group Limited, providing reinsurance, insurance, and insurtech solutions in South and Southeast Asia, announced the launch of LexasureCloud 1.0, a cloud-based, cutting-edge B2B2C platform designed to enhance insurance companies’ competitiveness, growth, and profitability. The platform is central to Lexasure’s digital strategy, in conjunction with Passport, the platform’s B2C customer......
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