September 15, 2010
eCommLink- Pioneering Personalized Prepaid Platforms
Peter Zuong has held executive positions at State Farm Insurance & Financial Services, California Institute of Technology, Bank of America and Wells Fargo Bank. Yet he still maintains a love...
September 03, 2010
Collusion Among Health Insurers in Chile: Good, Bad, and Ugly...
Claudio Agostini, Eduardo Saavedra, Manuel Willington, Jul 14, 2010 In 2002 five of the largest Chilean private health insurance providers (“Isapres”) reduced the coverage they offered to their members without...
August 26, 2010
Wells Fargo Expands ExpressSend Remittance Network in Mexico
Wells Fargo & Company (NYSE:WFC) has expanded its ExpressSend remittance network in Mexico through an agreement with Houston-based Transnetwork Corporation, adding more than 4,000 payout locations in Mexico for a...
August 23, 2010
Consumer Protection Act — Sec. 1075. Reasonable Fees and Rules...
(a) IN GENERAL.—The Electronic Fund Transfer Act (15 U.S.C. 1693 et seq.) is amended— (1) by redesignating sections 920 and 921 as sections 921 and 922, respectively; and (2)...
August 04, 2010
Mobile Payments go Viral: M-PESA in Kenya
Bill & Melinda Gates Foundation [1] From: Yes Africa Can: Success Stories from a Dynamic Continent, World Bank, May 2010 Abstract M-PESA is a small-value electronic payment and store...
July 16, 2010
Seeking Fertile Grounds for Mobile Money
M-PESA is a huge success… and now what? Safaricom’s M-Pesa success story has focused the global attention on Kenya as the leading edge of the mobile money revolution2. M-Pesa...
July 15, 2010
ABIA Annual Conference
Location: JW Marriott Desert Ridge Phoenix, Arizona Register Today for the Premier Event of the Entire Bank Insurance Industry This is an opportunity you can’t afford to miss! This conference...
July 08, 2010
Timely Resolution Improves Profits
Retaining the most creditworthy and profitable customers is essential for financial services institutions in this economic environment. TowerGroup believes that credit card issuers should examine their customer dispute resolution departments...
June 27, 2010
Dodd-Frank Wall Street Reform and Consumer Protection Act
Washington, DC – Americans have faced the worst financial crisis since the Great Depression. Millions have lost their jobs, businesses have failed, housing prices have dropped, and savings were wiped...
Instant insurance payouts benefit both customers and carriers by enhancing both speed and efficiency, but barriers such as costs and complexity are blocking the way to their adoption — especially for smaller insurers. The latest “Money Mobility Tracker®,” a collaboration with Ingo Payments, explains how insurance companies are jumping these hurdles by collaborating with FinTechs to facilitate instant payments implementation.