insurance payouts

Digital Overhaul in Insurance Benefits Firms Already Confident Using AI 
Digital Overhaul in Insurance Benefits Firms Already Confident Using AI 
February 28, 2024  |  Earnings

In the artificial intelligence (AI) race, some companies, and sectors, are starting on third base.  That’s because companies operating in technologically sophisticated sectors with deep...

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Eight in 10 Insurers Seek FinTech Partners for Instant Payment Plays
Eight in 10 Insurers Seek FinTech Partners for Instant Payment Plays
February 16, 2024  |  Digital Payments

Insurance companies are crucial in helping consumers with essential needs. They may provide funds to cover significant emergencies such as major medical procedures, home repairs...

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Smart Digital Payments Bring Consumer-Like Experience to Auto Repairs and Insurance Claims Payouts
Smart Digital Payments Bring Consumer-Like Experience to Auto Repairs and Insurance Claims Payouts
February 15, 2024  |  Insurance

Michael Boeke, VP of Payment Product Management Enterprise at CCC Intelligent Solutions, told PYMNTS that the trillion-dollar property and casualty economy needs to continue its...

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Mastercard Launches Healthcare Payments Solution
Mastercard Launches Healthcare Payments Solution
January 18, 2024  |  Healthcare Financing

Mastercard is launching a medical claim payment solution with key partners in India. The firm is collaborating with one of the country’s leading financial institutions and Remedinet,...

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Nearly One-Third of Insurance Consumers Prefer Not to Pay Extra for Real-Time Payments
Nearly One-Third of Insurance Consumers Prefer Not to Pay Extra for Real-Time Payments
October 17, 2023  |  Insurance

Legacy payment systems in the financial and insurance industries have often resulted in delays, errors and complications, leading to damaged customer loyalty and lost business....

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Twenty-Three Percent of Consumers Want Instant Insurance Claims Payouts
Twenty-Three Percent of Consumers Want Instant Insurance Claims Payouts
February 15, 2023  |  Faster Payments

Instant payments are finding firm footing as way to get insurance claims paid out quickly. In the Insurance Disbursements Brief 2022, a PYMNTS and Ingo...

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FEMA Looks At Blockchain To Aid Disaster Payouts
FEMA Looks At Blockchain To Aid Disaster Payouts
November 20, 2019  |  Blockchain

The United States Federal Emergency Management Agency (FEMA) has revealed that it might look into using blockchain technology to streamline disaster insurance payouts, as well...

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Today In Data: Devastation From 2017 Hurricanes
Today In Data: Devastation From 2017 Hurricanes
September 14, 2017  |  Today In Data

Natural disasters are horrifically destructive events, and Hurricanes Harvey and Irma were no exception in terms of economic loss. With some affected areas experiencing total...

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Fiserv Goes Direct With Disbursements
Fiserv Goes Direct With Disbursements
July 24, 2017  |  Disbursements

Paul Diegelman, VP of business development & partnerships at Fiserv, says that the story of bringing B2C digital disbursements to corporates at the financial services...

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