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Financial Data Exchange Releases New Open Finance Standards & FDX API Version 4.5
Business Fintech News

Financial Data Exchange Releases New Open Finance Standards & FDX API Version 4.5

Fintech News Desk
by Fintech News Desk0
Financial services ecosystem takes giant leap towards interoperability and standardization of consumer data sharing with release of new standards and first steps toward a comprehensive conformance and certification program. The Financial Data Exchange (FDX) announced its Fall release this morning which includes a myriad of technical standards and updates to......
Basware Adds Tools for Power Users in Accounts Payable Release to Improve Usability for Non-AP Staff
Fintech News

Basware Adds Tools for Power Users in Accounts Payable Release to Improve Usability for Non-AP Staff

Fintech News Desk
by Fintech News Desk0
Delivers Process Efficiencies for 100% User Adoption and 100% Spend Visibility The latest release to the Basware (Nasdaq: BAS1V) Accounts Payable (AP) Automation solution introduces a standalone set of features designed for a dedicated user role outside of the AP department: the power user. Power users process more invoices than business users......
Citizens Financial Group, Inc. Appoints Christopher J. Swift and Lee Alexander to Board of Directors
Fintech News

Citizens Financial Group, Inc. Appoints Christopher J. Swift and Lee Alexander to Board of Directors

Fintech News Desk
by Fintech News Desk0
Howard (Hoddy) Hanna to Retire from Board in April 2021 Citizens Financial Group, Inc. (NYSE: CFG) today announced the appointment of Christopher (Chris) J. Swift and Lee Alexander to its board of directors, effective February 1, 2021. Mr. Swift currently serves as Chairman and Chief Executive Officer of The Hartford......
Zywave Acquires InsurTech FrontRunner ITC, Becomes Only Provider to Offer Front-Office Solutions for Independent Insurance Agencies Across All Lines of Business
Fintech InsurTech News

Clearlake Capital Acquires Insurance Software Leader Zywave And Announces Strategic Acquisition Of Advisen

Fintech News Desk
by Fintech News Desk0
AURORA CAPITAL INVESTS NEW CAPITAL TO SUPPORT ACCELERATED GROWTH Combination of Zywave and Advisen creates the premier buy-and-build platform in InsurTech Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced that it has completed its acquisition of Zywave, Inc. (“Zywave”) and has also acquired Advisen Ltd. (“Advisen”), further......
M&T Bank Enlists Point Predictive’s Powerful Outsourced Fraud Mitigation to Keep Auto Loan Risk at Bay
Artificial Intelligence Fintech Investment Services News

Point Predictive Accelerates Growth with Key Additions to Senior Management Team

Fintech News Desk
by Fintech News Desk0
Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lending industry, today announced additions and changes to its leadership team on the heels of its recent Series B investment round. The company has appointed key executives to lead its technology, data science, sales, marketing, product......
AXA XL And Xtract Partner To Digitize Commercial Auto Claims
Business Fintech InsurTech Investment Services News Risk Management

AXA XL And Xtract Partner To Digitize Commercial Auto Claims

Fintech News Desk
by Fintech News Desk0
AXA XL’s insurance business has entered into a multiyear partnership and licensing agreement with Xtract to digitize, expedite and transform the commercial auto claims management process in the US. According to AXA XL Chief Claims Officer Brent Hoffman, “Xtract enables our claims team to quickly gather and evaluate all data......
Tokio Marine Kiln Selects Pega Platform to Improve Operational Efficiency
Business Fintech News

Tokio Marine Kiln Selects Pega Platform to Improve Operational Efficiency

Fintech News Desk
by Fintech News Desk0
Pega cloud-based solutions to enable single, consolidated platform for underwriting processes Pegasystems Inc. (NASDAQ: PEGA), the software company empowering digital transformation at the world’s leading enterprises, today announced Tokio Marine Kiln (TMK), a forward-thinking international underwriting business, has selected Pega Platform™ using Pega Cloud™ to help cut costs, consolidate siloed processes, and achieve significant operational improvements.......
Origami Risk and Gradient AI Team to Offer Claims and Policy Modeling, Predictive Analytics Resources on Origami Digital Platform
Business Fintech InsurTech News

Origami Risk’s P/C Insurer Claims System Ranked A Strong Performer In New Report By Leading Independent Research Firm

Fintech News Desk
by Fintech News Desk0
Origami Risk, the industry-leading policy, claims and risk management Software as a Service (SaaS) technology firm, has been ranked among the “strong performers” for property/casualty insurer claims management systems in the first research report analyzing providers in this category by Forrester, a leading global research and advisory firm. Read More......
Credit Card Companies’ Support for Small Businesses During COVID-19 Not Enough to Drive Customer Satisfaction, J.D. Power Finds
Fintech News

Digital Adoption Rises Nearly 20% for Insurance Claims, J.D. Power Finds

Fintech News Desk
by Fintech News Desk0
New J.D. Power Study Finds Satisfaction Improving as Customers Increase Use of Digital Channels Insurance claimants’ use of digital technologies continues a rapid march forward. That’s the lesson property and casualty (P&C) insurers are learning as claimants have ramped up use of digital channels throughout the claims process during the......
Small Businesses to Benefit from Integrations of Insurance and 401(k) Services on QuickBooks Platform
Artificial Intelligence Fintech InsurTech News

Small Businesses to Benefit from Integrations of Insurance and 401(k) Services on QuickBooks Platform

Fintech News Desk
by Fintech News Desk0
 Millions of QuickBooks Customers Now Have the Opportunity to Protect Their Businesses and Help Their Employees Prosper Intuit Inc. (Nasdaq: INTU) today announced the availability of two new offerings — QuickBooks Insurance and separately, 401(k) powered by Guideline1 — further expanding the capabilities of the QuickBooks Online platform to help small......
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