Search Results for: claims payment

Deloitte 2024 Financial Services Industry Predictions: AI Expected to Transform Retail Investing, Increase Banking Fraud and Drive New Insurance Market; Climate Change Expected to Further Increase Insurance Costs for Commercial Real Estate
Fintech News

Deloitte 2024 Financial Services Industry Predictions: AI Expected to Transform Retail Investing, Increase Banking Fraud and Drive New Insurance Market; Climate Change Expected to Further Increase Insurance Costs for Commercial Real Estate

PR Newswire
by PR Newswire0
Deloitte’s 2024 Financial Services Industry Predictions reports highlight trends that have the potential to impact innovation and growth as well as risk and resiliency Deloitte released its “2024 Financial Services Industry Predictions,” which outlines some of the most significant emerging trends across the financial services industry over the next three......
Cover Genius Closes $80M in Series E Funding as Investors See $700 Billion Opportunity in Embedded Protection
InsurTech News

Cover Genius Closes $80M in Series E Funding as Investors See $700 Billion Opportunity in Embedded Protection

EIN Presswire
by EIN Presswire0
Investment defies tech slowdown as insurtech achieves 107% year-over-year (YOY) revenue growth and protects more than 30 million customers worldwide Cover Genius, the leading insurtech for embedded protection, announced its $80 million Series E funding round. Despite the tech funding slowdown, the round was led by Spark Capital with support from existing......
Simplifai Secures a Significant Investment with Idékapital as Lead Investor
Artificial Intelligence Fintech Investments News

Simplifai Secures a Significant Investment with Idékapital as Lead Investor

PR Newswire
by PR Newswire0
Simplifai, a pioneering force in AI Automation Solutions for insurance and banking, proudly announces the completion of its latest investment round, securing a significant investment. The investment round was led by Idékapital, the Norwegian investor funding and supporting high-growth B2B software and technology scale-ups with global potential. This significant infusion......
WCL and Imaginera Announce Strategic Partnership to Provide ACORD Messaging Capabilities to Global Customers
Fintech News

WCL and Imaginera Announce Strategic Partnership to Provide ACORD Messaging Capabilities to Global Customers

PR Newswire
by PR Newswire0
Collaboration will improve efficiency, expand applicability of Imaginera’s extensive Orca product suite Web Connectivity Limited (WCL), a Zywave company, and Imaginera, a leading global provider of software solutions to the (re)insurance industry, announced today that they will build on their existing relationship, formalising a strategic partnership to provide Imaginera’s customers......
Speakers & Agenda Announced for the 2024 Carrier Management InsurTech Summit
InsurTech News

Speakers & Agenda Announced for the 2024 Carrier Management InsurTech Summit

PR Newswire
by PR Newswire0
This event will provide valuable insights not found elsewhere and is designed for: carrier executives, entrepreneurs and investors, insurance technologists, wholesale and retail agents, and other professionals. Carrier Management announced the agenda and speakers for The InsurTech Summit 2024. This event will provide valuable insights not found elsewhere and is designed......
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......
Performant-Financial-Corporation-Acquires-Artificial-Intelligence-Technology-in-Support-of-Its-Scale-Initatives
Artificial Intelligence Finance Fintech News

Performant Financial Corporation Acquires Artificial Intelligence Technology in Support of Its Scale Initatives

Business Wire
by Business Wire0
The acquisition represents a significant milestone for Performant, marking the first since announcing its commitment to becoming a pure-play healthcare company in 2021. By adding assets from RecordsOne, Performant reaffirms its status as a leader in driving technological advancements in healthcare payment integrity solutions. Performant Financial Corporation (Nasdaq: PFMT) (Performant),......
CrashBay, the First Collision Repair Marketplace, Secures Funding to Transform How Consumers, Insurance Companies and Repairers Connect
InsurTech News

CrashBay, the First Collision Repair Marketplace, Secures Funding to Transform How Consumers, Insurance Companies and Repairers Connect

PR Newswire
by PR Newswire0
The funding marks a pivotal milestone in CrashBay’s commitment to transforming the collision repair industry and reshaping direct repair programs. CrashBay, the premier digital marketplace revolutionizing collision repair solutions for fleets and carriers, announced the successful completion of a $1.25 million funding round led by venture capital firm Markd, with participation from......
Visa Agrees to Landmark Settlement with U.S. Merchants Reducing Rates and Guaranteeing No Increases for at Least Five Years
Finance Fintech News

Visa Agrees to Landmark Settlement with U.S. Merchants Reducing Rates and Guaranteeing No Increases for at Least Five Years

Business Wire
by Business Wire0
The settlement also provides updates to several key network rules giving merchants more choice in how they accept digital payments. After nearly 20 years of litigation, Visa today announced it has agreed to a landmark settlement with U.S. merchants, more than 90 percent of which are small businesses, lowering credit......
Majority of Online Retailers Leave +40% of Chargebacks Undisputed, Contributing to Lost Revenue and Eroding Profits
Digital Payments Finance Fintech

Majority of Online Retailers Leave +40% of Chargebacks Undisputed, Contributing to Lost Revenue and Eroding Profits

Fintech News Desk
by Fintech News Desk0
The survey reveals significant and avoidable revenue losses for businesses at a time when the economic backdrop continues to be unstable and many are fighting for survival, prompting merchant respondents to highlight the need for AI and automation to improve some or all of the processes. Riskified, a company in......
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