One important aspect of insurance compliance is being aware of money laundering, and genuinely knowing your customer. In an era when international payments are being sent instantly, sometimes in a basket of currencies, by a […]
CCRIF will pay The Bahamas approximately eleven million United States dollars (US$10,936,103) following the passage of Hurricane Dorian that caused widespread devastation in the northern part of the 700-island archipelago. The Bahamas has 3 tropical […]
In this Opinion piece, Angus McDonald, Co-Founder and CEO of insurtech company Cover Genius, the parent company of XCover, looks at how quicker payments are an absolute necessity in a global insurance marketplace. A rise […]
Beat Syndicate 4242 of Lloyd’s has become the first globally to insure the instant payment of business to business invoices against dilution risk, creating a brand new category of insurance for pre-approval invoice payments. Working […]
SafeCharge (AIM: SCH), the partner of choice for businesses who demand more from payment technology, has announced a new collaboration with Visa Direct, Visa’s real-time push payments platform, helping to power faster payouts for insurance-as-a-service company Setoo. […]
Countingup, the UK’s number one small business banking and accounting app, has signed a partnership agreement with fintech start-up and insurance solutions provider Hokodo, in a move designed to lessen the risk faced by SMEs […]
A new white paper published by ground-breaking financial utility, Banking Circle, has identified the stealth effect outdated payments processes are having on the insurance sector. Featuring the findings of exclusive research amongst those responsible for treasury and […]
In this Opinion piece, Tim Critchley, CEO of Semafone takes a look at new guidance on telephone payments and calls on insurers to re-think security measures. The insurance industry: a servant of two masters Insurance […]
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