In an increasingly cost-competitive industry, digital technologies are providing today’s insurance carriers with new methods of distinguishing themselves from competitors. Of particular focus is the claims process. As insurance’s ‘moment of truth’, policy-holders’ experiences when making a claim can define whether they become satisfied and loyal customers for life or disgruntled, and unlikely to return.

Today, TransferTo, a cross-border mobile top-ups and payment solutions network provider has announced a full rebrand, effective immediately, with two separate company brands, logos and identities.

TransferTo’s mobile top-up and rewards business, founded in 2005, has now changed its name to DT One and remains a leading global network for mobile top-up solutions and innovative mobile rewards. 

Finastra’s core banking solution, Fusion Essence, has been chosen to power Saudi Arabia’s Agricultural Development Fund’s lending services.

Wallis Bank has launched a number of new features for its customers allowing for more convenient access to their online accounts without sacrificing security. New services include Wallis 360, a revamped treasury management system for both small and large businesses; CardValet®, a mobile application for online debit card control; and Wallis Bank Mobile, a retail banking application recently updated for mobile deposits.

NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced that the Company`s One Touch Access 100 fingerprint sensor module has been selected by Prima Technology Inc. for integration in its high-quality display panel solutions.

NEXT has shipped initial volumes of its One Touch Access 100 fingerprint sensor module which are currently being integrated and tested for use in Prima Technology`s display solutions for the educational market in North America.

Wirecard, the global innovation leader for digital financial technology, has announced its collaboration with Segmüller, one of Germany's largest furniture retailers. Thanks to Wirecard, Segmüller offers its customers the opportunity to conveniently pay invoices with their mobile devices or credit cards when they receive their delivery. Wirecard not only provides the digital payment technology, but also handles the processing of payments.

After six years stuck at 2%, basic pay award expectations in the private sector have increased to 2.5%. Meanwhile, basic pay award expectations in the public sector have fallen from 2% to 1.1%, according to the latest Labour Market Outlook from the CIPD and the Adecco Group. The report highlights the effects of a tighter labour market on skills shortages as seven in ten (71%) of employers with vacancies report that at least some of them are proving hard to fill.

Pay outlook

TIBCO Software Inc., a global leader in integration, API management, and analytics, announced today that it ranked number one in five of six use cases in the Gartner 2019 Critical Capabilities for Master Data Management Solutions report. These use cases include B2B Customer Data, Buy-Side Product Data, Sell-Side Product Data, Multidomain master data management, and Multivector master data management.

Profile Software, an international financial solutions provider, announced today the launch of its recently enhanced Axia Suite release 2.1 that delivers advanced investment management, compliance and reporting capabilities.