PYMNTS-MonitorEdge-May-2024

Insurance

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.

New Mobile Healthcare Efforts Point To Wider Payment Trends
New Mobile Healthcare Efforts Point To Wider Payment Trends
July 23, 2019  |  Healthcare

Slowly but steadily, healthcare is becoming more mobile about payments, and that trend – a very long time in coming – appears to have picked...

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Tailoring Insurance To Meet Gig Workers’ Needs
Tailoring Insurance To Meet Gig Workers’ Needs
July 03, 2019  |  Disbursements

For the 58 percent of millennials who consider themselves entrepreneurs, and hustle from gig to gig, insurance can be a barrier to launching a successful...

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Gig Economy And The Insurance Service Gap
Gig Economy And The Insurance Service Gap
July 02, 2019  |  Disbursements

Real-time payments are growing more established in countries like the United States, as institutes like The Clearing House (TCH) update their payment infrastructures for the...

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Gig Worker Insurance Startup Zego Raises $42M
Gig Worker Insurance Startup Zego Raises $42M
June 18, 2019  |  Investments

Zego, a London-based startup that provides insurance for gig workers, has raised $42 million in a Series B funding round, according to reports. The round...

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Lloyds Of London Looks At Driverless Car Policies
Lloyds Of London Looks At Driverless Car Policies
June 18, 2019  |  Innovation

Lloyd’s of London is looking into its auto coverage options to prepare for the impending rise in driverless technology. Chief Executive Officer John Neal said...

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The Case For Freeing Up $190B In Security Deposits
The Case For Freeing Up $190B In Security Deposits
June 07, 2019  |  Disbursements

For most renters, coughing up a cash-based security deposit means parting ways with that money for the duration of the lease. Now, there’s a movement...

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The eCase For Liberating $190B In Rental Security Deposits
The eCase For Liberating $190B In Rental Security Deposits
June 06, 2019  |  Disbursements

Around the world, banks and FinTech firms are addressing challenges associated with enabling fund disbursements in real time — and some markets are developing real-time...

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Paytm Eyes Insurance Marketplace Coverfox
Paytm Eyes Insurance Marketplace Coverfox
June 03, 2019  |  International

Paytm, the Indian payments company backed by SoftBank, is reportedly in late-stage discussions to buy Coverfox, the Indian insurance marketplace. According to a report in...

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USAA, State Farm To Start Using Blockchain Payments
USAA, State Farm To Start Using Blockchain Payments
June 03, 2019  |  Blockchain

National insurers USAA and State Farm announced last week that they inked a deal to pay each other claims on the blockchain. In a press...

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