Tag : insurance claims

Agentech Secures $3 Million to Revolutionize Insurance Claims with AI-Driven Workforce
Artificial Intelligence Finance Fintech News

Agentech Secures $3 Million to Revolutionize Insurance Claims with AI-Driven Workforce

Business Wire
by Business Wire0
Former WeGoLook and TokenEx founders launch Agentic AI platform to support insurance adjudication process Agentech, the global AI support workforce for insurance claims, is excited to announce the successful completion of its $3 million seed round in just 30 days. This significant milestone is being announced at Naphia Engage 2024......
Artificial Intelligence Guest Posts InsurTech Security

How AI Is Enabling Advanced Fraud Detection for Insurance Claims

Mubbin Rabbani
by Mubbin Rabbani0
In the ever-evolving landscape of insurance, detecting fraudulent claims is a critical yet challenging task. Traditional methods have often fallen short, leaving insurers vulnerable to sophisticated fraud schemes. However, advanced artificial intelligence (AI) and machine learning (ML) techniques are revolutionizing this space, notably through the use of cohort analysis, to......
Insurity Partners with MPX to Improve Mail, Print, and Digital Fulfillment Across P&C Insurance Interactions
InsurTech News

Insurity Partners with Attestiv to Provide AI-Powered Automation and Enhanced Fraud Protection

Business Wire
by Business Wire0
The new partnership will enable P&C carriers to accelerate automation initiatives, resulting in additional fraud protections and cost-savings in claims processing Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, announced its partnership with Attestiv to accelerate automation initiatives, increase fraud protections, and reduce expenses for......
Insurtech pioneer PassportCard awarded US patent in recognition of its revolutionary technology
InsurTech News

Insurtech Pioneer Passportcard Awarded US Patent in Recognition of Its Revolutionary Technology

Fintech News Desk
by Fintech News Desk0
Travel and health insurtech leader, PassportCard has been granted a US patent for its real-time claims payout through debit card which gives customers access to a global, 100% cashless insurance service. Latest Fintech News: Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights The patented technology, driven by AI, predictive......
iink Payments Raises $2.8 MM in Seed Round to Streamline P&C Claims Payments for the Restoration Industry
Digital Payments News

iink Payments Raises $2.8 MM in Seed Round to Streamline P&C Claims Payments for the Restoration Industry

Fintech News Desk
by Fintech News Desk0
iink Payments, a digital payments network that expedites the disbursement of funds associated with multi-party property insurance claims, announced it has raised $2.8 MM in seed funding led by Motivate Venture Capital. This included participation from Green Egg Ventures, Carolina Fintech Ventures, IU Ventures, and various industry partners. Additionally, Tony Ford, former CTO......
Same Day ACH Expansion to $1 Million Begins Today
Digital Payments News

Same Day ACH Expansion to $1 Million Begins Today

Fintech News Desk
by Fintech News Desk0
Expects to Achieve 23 Exahash Per Second, or 800 Megawatts (“MW”), of Mining Capacity Deployed by 2025 Same Day ACH enters a new era today as the per payment limit increases to $1 million. “The growth of Same Day ACH in just over five years has been phenomenal as the payments......
Tractable-announces-partnership-with-The-Hartford-to-accelerate-claims-processing-with-artificial-intelligence
Artificial Intelligence Business Fintech InsurTech News

Tractable Announces Partnership With the Hartford to Accelerate Claims Processing With Artificial Intelligence

Fintech News Desk
by Fintech News Desk0
The Hartford, a leading US property and casualty insurer, is using an AI solution to analyze auto damage within its auto insurance claims operations in the US, accelerating how quickly claims can be processed for its customers. Read More: Curioinvest Launches Capital Dex, the Decentralized Exchange Primarily For Security Tokens The......
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......
KyckGlobal and Cambridge Global Payments Partner to Improve Cross-Border Payments for U.S.-Based Firms
Fintech News

KyckGlobal to Expand Real-Time Push Payments in U.S. Marketplaces With Visa Direct

Fintech News Desk
by Fintech News Desk0
KyckGlobal announced a collaboration with Visa to expand the availability of ‘push payments’ in the U.S. commercial sector. Push payments allow for the sending of money directly to a recipient, typically to a consumer or small business debit or prepaid card. Read More: 2020 Outlook: Blackhawk Network CEO and President Previews......
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