Vitesse has completed a $93 million Series C funding round aimed at growing its treasury and payment solutions for the insurance industry. The company will use the new funding to support its expansion in the United States and to further its product development, adding more connectivity...
Nordic Capital is making a strategic investment in One Inc, a digital payments platform for the North American insurance industry. Nordic Capital will join Great Hill Partners as an investor in One Inc, with the two investors having an equal stake to each other alongside...
The generation gap does not make headlines as much as it used to, but one way in which it has unquestionably widened in recent years is through the rapid advancement of technology. The youngest adults today have never known a world without the internet, social...
PYMNTS Intelligence interviews Ian Drysdale, CEO of insurance industry digital payments network One Inc, on how the industry is accepting the challenge of meeting Gen Z and millennials’ digital demands. — Generation Z and millennial consumers are setting a high bar for digital experiences across...
November 02, 2023
Generation Z and millennials have different insurance needs from their elders, yet they are already a market force to be reckoned with. More than 60% plan to purchase one or more types of insurance policies within the next 12 months. Regardless of which type they buy, half prefer to purchase it online, and when they […]
October 12, 2023
Real-time payments are becoming a major player across industries. Large retail, manufacturing and insurance firms recognize the significance of real-time payments for business-to-business (B2B) operations. Notably, 81% of large retailers...
July 11, 2023
Insurance firms are increasingly embracing real-time payments for business-to-business (B2B) transactions, viewing them as essential to success. More than two-thirds plan to increase the use of real-time payments for inbound...
March 02, 2023
When consumers are given a choice, they usually choose to receive insurance disbursements via same-day account transfer or instant payment rails. It’s a finding that is consistent with the general...
June 26, 2024
One Inc has teamed with insurer Zurich North America to help digitize claim payments. The insurance industry payments network announced Wednesday (June 26) that Zurich — which provides commercial and risk management services — had implemented One’s digital claims payment systems for outbound claims payment capabilities. One Inc’s ClaimsPay tool gives insured users and other […]
May 21, 2024
Vitesse has completed a $93 million Series C funding round aimed at growing its treasury and payment solutions for the insurance industry. The company will use the new funding to support...
March 14, 2024
Nordic Capital is making a strategic investment in One Inc, a digital payments platform for the North American insurance industry. Nordic Capital will join Great Hill Partners as an investor...
August 16, 2022
The insurance payments platform Ascend was endorsed as a payments and financing platform for the member network serviced by the Agency Collective (The AC). Providing all-in-one financing, collections and payables,...
