PYMNTS

DECEMBER 18, 2020

Intuit’s financial services platform Credit Karma has introduced a tool called Karma Drive to help people save money on car insurance with a usage-based product. . Karma Drive, which is being launched in collaboration with Zendrive and Progressive, bases the price of insurance on how much a person drives. Intuit closed its $8.1

Tools 242

Tools Taxes Regulation Innovation 242

BankBazaar

MARCH 14, 2024

The end of the financial year is the perfect time to review your financial situation and make strategic moves to optimise your money matters. With the end of the financial year fast approaching, now is the perfect time to review your financial situation and make strategic moves to optimise your money matters.

Taxes 78

Taxes Resources Management Security 78

PYMNTS

JUNE 18, 2020

Some residents of France who use Western Union online services to wire money to friends and family in certain African countries will be offered free one-month, 1,000-euro life and disability policies benefiting those recipients under a pilot program, according to a press release.

Policies 211

Policies Branding Online Company 211

PYMNTS

JANUARY 7, 2021

Talk Android posts a letter from the company in which it says there will be "no immediate impact" to accounts and that users don't need to do anything right now, with their funds housed in FDIC insured accounts with BBVA. And, the company says it wants to make the transition "as smooth as possible" for customers.

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FDIC Google User Experience Lending 336

BankBazaar

JANUARY 16, 2024

In this Bollywood-inspired script, we’ll weave together a tale of money, dreams and the importance of insuring your future. She lays out the first step – insurance. Picture this: Life insurance, our hero’s first line of defence. Insurance sways to the rhythm of risk assessment.

Policies 78

Policies Security Meeting Management 78

PYMNTS

JANUARY 27, 2021

But that is exactly the type of person that Richmond-based on-demand accident insurer Buddy is looking to serve, by offering up supplemental insurance plans that are super easy to fill out and can take the burn out of crash and burn for as little as $9 per day. “We Flat Rates, Stackable Benefits. Nuts And Bolts.

Las Vegas 287

Las Vegas Conference Examples Marketing 287

PYMNTS

JANUARY 21, 2021

Insurance provider Chubb has rolled out a new insurance partnership with digital banking services FinTech Revolut , according to a press release. We are looking forward to working with the Revolut team to deliver valuable insurance solutions to their customers.”.

Regional 280

Regional Digital Banking Regulation Fintech 280

Bank Innovation

JULY 25, 2017

So does Varo Money. Varo applied for a banking charter from the Federal Deposit Insurance Corporation (FDIC), as well as for a charter from the Office of the Comptroller of the Currenc, in the hopes of forming “Varo Bank,” the mobile banking startup announced today. Want a national bank that’s mobile-only?

FDIC 351

FDIC National Mobile Regulation 351

Bank Innovation

JULY 29, 2019

On the heels of digital banking startup Varo Money applying for a banking license with the Federal Deposit Insurance Corporation (FDIC) earlier this month, another fintech firm with its toes in charter waters seems poised to jump in.

FDIC 253

FDIC Digital Banking Fintech Online 253

PYMNTS

JULY 27, 2020

The insurance industry has been bogged down by sluggish service and even slower payouts for decades, and while policyholders have certainly weathered their fair share of friction from the sector’s legacy incumbents, those insurance companies themselves have also suffered from a lack of digitization and automation.

Innovation 247

Innovation User Experience Industry Fraud 247

PYMNTS

SEPTEMBER 5, 2019

Seventy percent of gig economy workers are still living paycheck to paycheck, despite pulling in more money than ever. In the latest Disbursements Tracker , PYMNTS looks at the spread of instant payments and disbursements throughout the gig economy, as well as how this need for speed in changing the insurance industry.

Fraud 156

Fraud Meeting Payments Innovation 156

Bank Innovation

SEPTEMBER 1, 2017

The report analyzes different nations’ fintech usage in five categories – money transfer and payments, borrowing, savings and investment, financial planning and insurance – to determine not only […].

Fintech 319

Fintech National Report Payments 319

PYMNTS

NOVEMBER 4, 2020

The delivery and rideshare companies spent $200 million to support the campaign, the most money ever spent on a ballot measure in California. . The companies did have to make some concessions, like offering health insurance for drivers who work 15 hours or more a week and a car expense allowance of 30 cents per mile.

California 293

California Company Report 293

Bank Innovation

JULY 17, 2019

Varo Money, the 4-year-old digital banking startup with 750,000 users and $600 million in deposits, has applied for a banking license with the Federal Deposit Insurance Corporation (FDIC) this week. The company confirmed this development as part of a $100 million Series C fundraising round announced on Tuesday.

FDIC 244

FDIC Digital Banking Company Capital 244

PYMNTS

JULY 16, 2020

Admittedly, it might seem like a strange time to be launching an innovative travel insurance product given how much the tourism industry has contracted in the wake of the global pandemic. Weyl said Koala aims to make travel insurance a new journey toward reliability as tourism attempts to get on the road to recovery.

Policies 254

Policies Examples Innovation Customer Experience 254

PYMNTS

OCTOBER 7, 2020

As it expands upon its efforts to provide health services, Walmart is rolling out licensed insurance brokerage Walmart Insurance Services, LLC. The entity will start selling Medicare insurance plans during 2020’s annual enrollment period, which runs from Oct. 15 to Dec. 7, according to an announcement.

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South Carolina Georgia Arkansas Texas 145

PYMNTS

NOVEMBER 26, 2019

Xoom , PayPal ’s international money transfer service, announced the launch of its bill pay service in Jamaica. Canada and 37 markets across Europe can now use Xoom’s money transfer service to pay electricity, telephone, internet, cable, mobile network, water, loan and insurance bills in Jamaica. Canada, the U.K.

Innovation 218

Innovation Mobile Security Marketing 218

PYMNTS

SEPTEMBER 9, 2019

The insurance industry has a reputation for slow procedures and even slower payments, and the claims process still often requires customers to deal with depositing physical checks. Insurers are still playing catch-up when it comes to offering the speed and convenience consumers want, however.

Tools 148

Tools Study Technology Examples 148

The Financial Brand

FEBRUARY 10, 2020

The post FDIC Greenlights Mobile-First Fintech Varo Money for Deposit Insurance appeared first on The Financial Brand. Fintech's patience paying off as it nears final hurdles, setting stage for major new digital banking competitor.

FDIC 27

FDIC Mobile Fintech Digital Banking 27

PYMNTS

MAY 21, 2020

As the pandemic continues to disrupt everyday life the world over, some insurers are returning funds to their customers. Blue Cross Blue Shield of Michigan and Blue Care Network plan to give back over $100 million to fully insured clients in 2020, according to an announcement. Now we can return money to our customers and members.”.

Michigan 185

Michigan Trends 185

PYMNTS

DECEMBER 24, 2020

Care providers charge patients bill portions, and then submit claims and supporting documentation to insurance providers for the remaining amounts. Inefficiencies surrounding these processes can cause serious pains, said Arthur Schoen , vice president of insurance operations and revenue cycle management at Aspen Dental Management.

Payments 255

Payments Operations Management Tools 255

PYMNTS

JUNE 2, 2020

And Michigan is asking insurance companies to provide reimbursements or waivers to auto insurance policyholders. Michigan vehicle insurance firms have about more than a week to create plans for providing their customers with premium waivers or reimbursements because of the COVID-19 health crisis, ABC12 reported Tuesday (June 2).

Michigan 130

Michigan Report Company 130

PYMNTS

JANUARY 10, 2019

In addition to helping online marketplaces modernize, Visa is working with Ingo Money to help companies embrace push payments. The financial services firm recently launched Ingo Money QuickConnect , enabling companies to provide funds to customers, deploy Visa Direct more quickly and issue push-to-card payments. About The Tracker.

Marketing 156

Marketing blockchain Online Cards 156

PYMNTS

APRIL 8, 2020

UnitedHealth is working on getting around $2 billion in payments to doctors and other health professionals over the next week, the insurance giant says. This move is in line with American Hospital Association’s request that insurers begin to help out with speedier payments. economy currently hurting because of the virus.

Payments 194

Payments Groups Security Operations 194

PYMNTS

JANUARY 6, 2021

healthcare industry is plagued with two- and three-month billing delays and confusion about what is and isn’t covered by insurance. Part of the problem is the fact that there’s a huge and super-busy middleman — the insurance companies — between the doctor and patient. That's why revenue collection as a whole tends to lag.”.

Payments 263

Payments Industry How To Course 263

PYMNTS

AUGUST 12, 2020

For decades, the insurance industry is quite literally a lifeline for those affected by unfortunate events. As service providers in the business of disasters and disruptions, insurance companies have had a front-row seat to the ways the pandemic has affected their small business policyholders. ” A Shifting InsurTech Landscape.

Policies 229

Policies Marketing Strategies Industry Payments 229

PYMNTS

JULY 22, 2020

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds.

FDIC 166

FDIC Kansas City San Francisco Missouri 166

PYMNTS

NOVEMBER 16, 2020

In Disbursements Satisfaction Playbook: Who Pays, Who Collects And What Payment Methods Are Used , a PYMNTS and Ingo Money collaboration, we surveyed more than 5,000 U.S. So how can businesses engage their disbursement recipients and raise awareness that instant options are available to give them the speed the crave? percent, respectively.

Data 256

Data Millennials Examples Payments 256

PYMNTS

MARCH 2, 2020

Lloyd’s of London , the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). The policy is reportedly a new insurance type that has a limit that changes with the price fluctuations of covered digital currency assets.

Bitcoin 177

Bitcoin Policies Groups California 177

BankBazaar

MARCH 17, 2022

Put the money you earn to work for you. In a world of hyper-targeted marketing, it is really tough not to spend money on things that you don’t need. Although we earn so that we can give shape to our aspirations and wants, there are a few important things that need to be kept in mind when it comes to money. Mutual Funds.

Taxes 88

Taxes Security National System 88

PYMNTS

DECEMBER 16, 2020

The health insurance industry is a major sector in the United States, where most employers are required to provide coverage to full-time employees. A growing number of businesses are therefore choosing to avoid so-called “fully insured” plans, instead electing self-funded health plans to save money. Nearly 60 percent of the U.S.

Cards 203

Cards Data Payments United States 203

PYMNTS

SEPTEMBER 17, 2018

Exactly one year before Hurricane Florence began her reign of terror in the Carolinas, Karen Webster interviewed Ingo Money ’s CEO Drew Edwards and Visa ’s senior vice president and head of U.S. Push Payments Cecilia Frew on how last year’s twin disasters, Hurricanes Harvey and Irma , were pushing insurance claims payments to change.

Payments 161

Payments System Industry Company 161

PYMNTS

APRIL 9, 2020

Financial concerns caused by the temporary closures of many businesses as well as rising health concerns are leading many to request funds they have been waiting for — including rebates, insurance claims or government payments — as quickly and as easily as possible. v in a recent interview with PYMNTS. About the Tracker.

Taxes 178

Taxes Mobile Fraud United States 178

PYMNTS

FEBRUARY 28, 2020

It has been more than 100 years since the first car was insured in 1897 by the Travelers Insurance Company. Since then, there has been no-fault insurance, safe driver insurance and student driver insurance – but outside of that, no essential changes have been made in a $288 billion dollar business.

Metro 217

Metro Arizona Pennsylvania Policies 217

CFPB Monitor

AUGUST 4, 2022

The FDIC has issued an “Advisory to FDIC-insured institutions Regarding Deposit Insurance and Dealings with Crypto Companies ” to address the agency’s concerns regarding misrepresentations about FDIC deposit insurance by certain crypto companies. The first issue is when FDIC deposit insurance applies.

FDIC 78

FDIC Risk Management Policies Regulation 78

PYMNTS

DECEMBER 18, 2019

Insurance purchasing and management platform Huckleberry has raised $18 million in a Series A funding round led by Tribe Capital, with participation from Amaranthine, Crosslink Capital and Uncork Capital, Huckleberry announced in a press release on Wednesday (Dec. Every business needs insurance.

Capital 131

Capital Analytics Innovation Marketing 131

PYMNTS

APRIL 16, 2020

The disruption was sudden an immediate, and for many SMB owners, workers’ compensation insurance plans were not likely the first issue to come to mind when managing these changes. But workers’ comp is often the largest insurance expense for SMBs, according to Cerity Chief Operating Officer Dennis B.

Online 175

Online Marketing Management Maine 175