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How Can Regional Insurance Carriers Harness the Power of AI?

Perficient

In today’s rapidly evolving technological landscape, artificial intelligence (AI) has emerged as a game-changer for various industries. One such industry that will be forced to utilize AI solutions to gain a competitive advantage is the regional insurance carrier industry. I’m not sure they have a choice to do anything else.

Regional 221
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Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today. Takeaway 3 Education and technology tools are our best defense against b ank wire transfer fraud in our institutions. While wire transfers offer speed and efficiency, they have always carried inherent risks.

Fraud 195
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Data-driven strategies for banks and credit unions: Start here

Abrigo

Takeaway 2 Do you have the right technology to efficiently generate strategic insights now and on an ongoing basis? Takeaway 3 What periodic monitoring of performance against strategy will provide the best gauge of whether the strategy is working?

Strategy 195
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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

Collaborating with FinTechs is a valuable strategy for banks, noted Sigovitch. ” The most savvy businesses are those that turn to their financial service providers to not only adopt technologies, but support the integration of those tools within the rest of their back-office workflows, he added. Localizing Advisory Services.

Regional 214
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Reimagining The Bank As A Technology Company

PYMNTS

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. “Banks are technology companies,” Rio Tinto recently told PYMNTS. ”

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Hong Kong’s FinTech Strategy

Chris Skinner

So I was intrigued to see Hong Kong issue their FinTech strategy today. Here’s the summary: Financial Technology, more commonly referred to as FinTech, looks set to reshape the financial sector in the coming years and present Hong Kong with both challenges and opportunities.

Strategy 271
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Perficient Interviewed for Forrester: The Future Of Insurance

Perficient

With new risks, shifting market dynamics, and the unstoppable march of technology, the insurance industry finds itself at a crossroads. A robust digital strategy and API development plan are imperative for success : Partnerships and experiences serve as extensions of carrier brands, necessitating careful cultivation.