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FINBOA to Present and Exhibit at 2024 MEA Financial Users Conference
FINBOA, Inc., a leading innovator in intelligent process automation software for financial institutions will be presenting and exhibiting at the MEA Financial Users Conference in Tampa, Florida from July 28-30. Preceding this event, on July 25, FINBOA will host a joint webinar with MEA Financial titled ‘Self-Service Payment Disputes: Delivering a Great Experience for a Challenging Problem’. This live webinar will feature the digital experiences of both the MEA Financial UniFi banking suite, and that of the FINBOA Payment...
Deepfakes! A Rising Threat in Financial Fraud!
Explore how deepfake technology is reshaping the landscape of financial fraud, posing new threats to the integrity and security of financial institutions and consumers alike.
How NFC Technology Is Changing Banking and Financial Landscape
Discover how NFC technology is revolutionizing the banking and financial landscape. Explore its impact on payment methods, security measures, and customer experience.
Basware helps companies prevent $1m in Losses for every $1bn Spent
Basware unveils AI-powered solution to protect businesses from fraud and invoice errors
LifeWallet FY & Q4 2023 Financial Results Released
MSP Recovery, Inc. d/b/a LifeWallet (“LifeWallet,” or the “Company”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, announced financial results for the fiscal year and fourth quarter ended December 31, 2023. Highlights The Company announced a comprehensive settlement with 28 affiliated property and casualty insurers (âP&C Insurersâ) that, in addition to settling existing claims, establishes a going-forward process to collaboratively and timely resolve future claims. The Company furthered its litigation and...
Nayms issues crypto-denominated Industry Loss Warranty (ILW)
Nayms SAC Ltd., the leading crypto-native insurance marketplace, is proud to announce the issuing of the world’s first crypto-denominated industry loss warranty (ILW) through the second segregated account or ‘cell’ within its marketplace. This type of instrument is index-based and used for providing retrocessional reinsurance protection to property reinsurers. In this program, Nayms provides coverage for US named windstorm, attaching above a loss trigger of $60 billion. The basic structure aligns with other ILWs, but Nayms innovates on...
CEXs Bet on Security and Financial Stability for Growth in 2023
A recent report released by Nansen has revealed a series of trends that are having a direct impact on the growth and future development of centralized exchanges in 2023. The report looks at the CEX landscape post-FTX and evaluates major centralized exchanges based on their trading volume, transparency of reserves, functions, and legal areas. Shift to financial solvency and security The research reveals that the collapse of FTX has undermined confidence in centralized entities. The collapse...
Core Specialty Acquires and Forms Medical Stop-Loss Division
Represents Core Specialtyâs 13th Specialty Business Unit Transaction expected to close in fourth quarter Jim Stelling to serve as President, Medical Stop-Loss Core Specialty Insurance Holdings, Inc., and its subsidiaries announced that it will form a Medical Stop-Loss Division through the acquisition of the MGU/Stop-Loss business of American National Group (âANATâ). The acquisition will mark Core Specialtyâs 13th Specialty Business Unit. Jim Stelling will join Core Specialty as the President of the newly formed Medical Stop-Loss...
Waterdrop Inc. Reports Unaudited Financial Results for Q1 2023
Waterdrop Inc. (“Waterdrop”, the “Company” or “we”) (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the first quarter ended March 31, 2023. Financial and Operational Highlights for the First Quarter of 2023 Resilient Business Performance: For the first quarter of 2023, the first-year premiums (“FYP”) generated through our Waterdrop Insurance Marketplace amounted to RMB1,692.0 million (US$246.4 million), representing an increase of 6.3% quarter over...