Mobile payments

Based on Keynova Group's 2022 Mobile Insurance Scorecards, there are three trends to watch in mobile apps.

Keynova Group, a financial services intelligence firm specializing in benchmark insights, released its Q4 2021 semi-annual Insurance Scorecard, which ranks and compares the websites of the 12 largest U.S. auto and property insurance carriers.

New technological innovations, consumer behavior shifts, competition from fresh digital entrants, and regulatory reforms herald the payment environment of tomorrow. In addition, the current pandemic is pushing players to rethink their market fundamentals in an already transitioning industry. Join John Adams, Executive Editor of PaymentsSource and our special guest, Andrew Jamison a virtual card expert with twelve plus years at American Express and CEO & Co-Founder of Extend, in a discussion about the business strategy, management, and innovations in the post pandemic ecosystem and how it can serve the way the economy is headed.

The future for insurance carriers looks bright when it comes to claims advancements this decade.

Services like Venmo and PayPal allow consumers to pay friends and family electronically. Insurers should meet that standard.

Artificial intelligence, real-time data and social capital can reverse the fate of individuals, families and communities.

The coverage can be purchased via an app and covers passengers on all rides they take over 24 hours.

The move follows earlier investments by the carrier in its website, customer portals and core systems.

Designed to close protection gaps in China, data-driven product pays off in near-real time after a storm passes through.

The rise in demand is driven by the Internet of Things, enterprise resource planning integration and a greater focus on the cloud.