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.

Five at Five: Walmart Has A New Blockchain Idea
Five at Five: Walmart Has A New Blockchain Idea
June 15, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today, we have two stories about the latest developments involving...

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With The Aid Of Technology, Teaching The Insurance Industry To ‘Speak Millennial’
With The Aid Of Technology, Teaching The Insurance Industry To ‘Speak Millennial’
June 15, 2018  |  Consumer Finance

In the movement from analog to digital, money matters — the type of money that fuels technology, that underpins new products and projects, as paper...

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Chubb And Sure To Offer Ride-Hailing Passengers Insurance
Chubb And Sure To Offer Ride-Hailing Passengers Insurance
June 15, 2018  |  Ridesharing

Chubb, the insurance company, has partnered up with Sure Inc., a startup, to sell insurance to users of ride-hailing apps including Uber. The Wall Street...

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How Will Insurance Work In The Sharing Economy?
How Will Insurance Work In The Sharing Economy?
June 08, 2018  |  Gig Economy

You never know when those Airbnb guests — didn’t they look so innocent on Facebook? — will leave behind a broken TV, whiskey bottles and...

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Ingo Money And Prelude Software Pair Up To Kill The Insurance Check
Ingo Money And Prelude Software Pair Up To Kill The Insurance Check
June 04, 2018  |  Faster Payments

When Prelude Software was getting its start 30 years ago, fixing payments for insurance carriers meant solving for what EVP Bill Clausen called a “benign...

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Amazon Invests In Insurance Startup
Amazon Invests In Insurance Startup
May 29, 2018  |  Amazon

Amazon has led a new round of funding in Acko, a digital insurance startup in India. According to Business Insider India, the eCommerce giant led...

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Wells Fargo’s Earnings May Change With Potential $1B Penalty
Wells Fargo’s Earnings May Change With Potential $1B Penalty
April 13, 2018  |  Bank Regulation

As regulators seek to impose a $1 billion penalty on Wells Fargo over mortgage fees and car insurance, the bank said on Friday (April 13) that...

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Insurers Test Blockchain To Manage Provider Data
Insurers Test Blockchain To Manage Provider Data
April 06, 2018  |  News

The blockchain is making inroads into healthcare. Earlier this week, five healthcare firms operating across the U.S. insurance landscape said they’re launching a pilot program that...

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Death, Taxes And Digitizing Insurance Payments 
Death, Taxes And Digitizing Insurance Payments 
February 08, 2018  |  Digital Payments

If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios....

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