article thumbnail

Does your bank need cyber insurance?

Independent Banker

“Cyber insurance today is what property insurance was 50 years ago,” notes Gregory Montana, chief risk officer at FIS. Cyber insurance products vary depending on the carrier and how an individual policy is structured, but most companies offer first-party coverage and third-party liability coverage.

Montana 152
article thumbnail

Credit Card Rewards App Sift Announces $1.5 Million Seed Round

PYMNTS

According to Finextra , Sift earns reimbursements for consumers who are unfamiliar with some of the “hidden benefits” of their cards because they’re buried in credit card policies and are often complicated or hard to decipher.

Cards 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CSAA Insurance Group Review: Great for Auto Coverage?

MyBankTracker

If so, you might be surprised to find out that AAA has a number of insurance partners and affiliates that can offer discounted insurance policies to its members. Here’s what you can expect if you decide to buy an insurance policy from CSAA. Are you a member of AAA? What is the CSAA? Flood/earthquake. Life insurance.

Groups 52
article thumbnail

Why Millennials Want To Crowdfund Their Mortgage Down Payments

PYMNTS

But while millennials may be driving the real estate markets, data released by the Urban Institute’s Housing Finance Policy Center indicates that generationally speaking, they are participating in the homeownership markets less, with an ownership rate running 8 percent to 9 percent behind previous generations.