Payments

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

The payments and financial services industry has enjoyed an unprecedented wave of invention, but the fruits of that labor are threatened by an ideologically driven political climate that complicates the evolution of global interoperable mobile-driven commerce.

The Trump administration is preparing a regulation that would allow the resumption of billions of dollars in payments to health insurers in Obamacare.

Almost half of companies surveyed by SMA assume that tech giants like Amazon will play a significant role in selling auto and homeowners insurance.

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

Customers are reporting increasing comfort with carrier’s digital initiatives, including usage-based insurance, according to o J.D. Power.

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

Details are sparse but an announcement says there will be a focus on using tech to drive better outcomes.

Some firms are investing in technology to help insurance clients shift to paperless payment processing.

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