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.

JPMorgan Reassures Clients On Health Care Partnership Concerns
JPMorgan Reassures Clients On Health Care Partnership Concerns
February 05, 2018  |  Amazon

JPMorgan’s Chief Executive had to hit the phones to ease investment banking clients’ worries over the bank’s recent healthcare partnership with Amazon and Berkshire Hathaway....

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Ransomware Demands Jump As Bitcoin Price Soars
Ransomware Demands Jump As Bitcoin Price Soars
December 22, 2017  |  Security & Fraud

Chubb, one of three insurance agencies that has seen an increase in claims tied to ransomware cyberattacks, is blaming bitcoin for the surge. In an...

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New AIG Cybersecurity Model Scores, Benchmarks Company Risk
New AIG Cybersecurity Model Scores, Benchmarks Company Risk
December 13, 2017  |  Security & Fraud

American International Group (AIG) announced on Tuesday (Dec. 12) a new cyber benchmarking model that quantifies and scores the cyber risk of its clients. In...

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Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
November 14, 2017  |  Today In Data

B2B payments are powerful, but so are mounting debts. Innovative technology is making it increasingly easy for companies and individuals to exchange money for goods...

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The RX For Healthy Payments Processes
The RX For Healthy Payments Processes
November 14, 2017  |  Payment Methods

Amid momentous changes in healthcare, debt is on the rise, while deductibles are high. How to set in place a positive practice management payments process?...

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Amazon Gearing Up To Take On Insurance In Europe
Amazon Gearing Up To Take On Insurance In Europe
November 13, 2017  |  Amazon

Amazon may be moving deeper into its European product insurance venture, according to news from Reuters. Amazon Protect extends warranty protection beyond what is offered...

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AIG To Add Cybersecurity To Policies In 2018
AIG To Add Cybersecurity To Policies In 2018
October 27, 2017  |  Security & Fraud

American International Group (AIG), the causality insurance company, is gearing up to look at all of its commercial policies with an eye toward including coverage...

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TSYS Bolsters Healthcare Payments Platform With New Partnership
TSYS Bolsters Healthcare Payments Platform With New Partnership
October 26, 2017  |  Partnerships / Acquisitions

In a press release on Wednesday (Oct. 25), TSYS, a payment solution provider, announced news of a new partnership with Rectangle Health. The collaboration is...

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Financial Firms Turn To Insurance For Operational Risks
Financial Firms Turn To Insurance For Operational Risks
August 31, 2017  |  Security & Fraud

Cyber crime, cyber attacks and rogue traders have cost banks around the globe a lot of money, and they are increasingly turning to insurance firms to counter...

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