Preparing insurance for the age of connected technology: how Allstate, Unum and FM Global are taking advantage
Both in terms of the way insurance products are accessed and in the way they are created, technology is at the heart of significant disruption.
More products are becoming available through digital channels and to keep up with the fast pace of technological development, we now know that product development also must become more agile and responsive.
Tuesday, September 25, 2018 - 13:32
Mitek and JanusID Deliver Real-time Identity Verification to SMBs
Mitek (NASDAQ:MITK), a global leader in mobile capture and digital identity verification solutions, and JanusID, the Netherlands-based identity organization providing one-click secure website access, today announced a partnership to deliver a new, real-time, end-to-end identity verification online app,CheckedID.
Tuesday, September 25, 2018 - 12:25
AI-powered InsurTech Concirrus closes £5 million funding to service growth in customer demand
Concirrus, the London-based InsurTech company leading the Marine and Motor Analytics market change, has raised £5 million in equity funding, bringing the total raised to £12 million. The raise was co-led by Cambridge-based deep tech venture capital firm IQ Capital and specialist InsurTech investor Eos Venture Partners.
Tuesday, September 25, 2018 - 12:05
Millennial migrant workers driving international money transfers, discovers Xpress Money
Despite one in ten migrant workers in the UK having to live away from their children (9%) or spouses (8%), two-thirds (64%) are relieved they can support these family members after moving, reveals Xpress Money, one of the most dependable money transfer brands in the world. These sacrifices mean that two in three (60%) migrant workers are now able to better provide financial support to their families, through remittances.
Tuesday, September 25, 2018 - 11:55
Comviva Announces Foray into Banking CVM with Machine Learning & AI platform
Comviva, the global leader in providing mobility solutions, today announced its foray into banking customer value management (CVM) by entering into a new partnership with Number Theory, an Artificial Intelligence and Enterprise Data Management firm.
Tuesday, September 25, 2018 - 11:39
Payment Security Compliance drops for the first time in six years, states Verizon’s 2018 Payment Security Report
After documenting improvements in Payment Card Industry Data Security Standard (PCI DSS) compliance over the past six years (2010 – 2016), Verizon’s 2018 Payment Security Report (PSR) now reveals a concerning downward trend with companies failing compliance assessments and perhaps, more importantly, not maintaining - full compliance.
Tuesday, September 25, 2018 - 11:23
Fujitsu partners with OptoSweden to Offer SMEs an enhanced Cloud Invoice Management Solution
PFU (EMEA) Limited, a Fujitsu company, the world's leading scanner manufacturer, today announced it has partnered with OptoSweden, a leading automatic document processing provider to offer small and medium sized enterprises (SMEs) a new web scanning solution designed to optimise workflow. Formed of the Fujitsu fi-7300NX, and PaperStream NX Manager and OptoSweden’s CrossState software platform, the new CrossState ScanClientNX will enable users to scan documents to the cloud quickly and securely directly from the scanner.
Tuesday, September 25, 2018 - 11:16
Spotcap Announces Fintech Fellowship Winner for 2018
Spotcap today announced Sophie Peacock as the winner of the Fintech Fellowship for 2018. Running for its second consecutive year, the Fellowship awards one UK-based masters or MBA student with an £8k scholarship. By supporting aspiring talent, the initiative aims to plug the fintech skills gap by raising awareness of career opportunities in the field.
Tuesday, September 25, 2018 - 10:03
Citi Launches Citi® Virtual Accounts
Citi has announced the launch of its new global solution, Citi® Virtual Accounts, which allows clients to segregate their balances under a single physical account, providing enhanced visibility, control and efficiencies through centralized payments, receivables and liquidity management.
The in-house solution leverages the strength of Citi’s on the ground presence whilst delivering a globally consistent offering and is live with clients in Western Europe covering 16 markets and 37 currencies, with the U.S. and Asia to follow.
Tuesday, September 25, 2018 - 09:39
Signicat joins ETSI team guiding digital signature standards
Signicat, a leader in trusted digital identity, has joined the European Telecommunications Standards Institute (ETSI), the recognised standards body for electronic communications. As part of the technical committee on Electronic Signatures and Infrastructure (ESI), Signicat will help create and shape the standards for digital signatures and trust services.
Tuesday, September 25, 2018 - 09:29