Tag: Solution

Insurance Industry Leaders Including AmWINS Group, CRC Group, Heffernan, and Patra form Solution Development Alliance

October 13, 2020
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| insurance

EL DORADO HILLS, Calif., Oct. 13, 2020 /PRNewswire/ — Patra, a leading provider of technology-enabled solutions for the insurance industry, along with AmWINS Group, CRC Group, Heffernan Insurance Brokers, are among the leading companies that have formed InsurConneXtions Alliance, a strategic alliance that will prioritize, develop, and integrate specific technology solutions into critical insurance processes – for the purposes of driving processing efficiencies and industry standards.

The Insurance industry will need to rapidly adopt technology to drive efficiencies and economic value for our customers

The formation of InsurConneXtions represents leaders across insurance technology, brokerage, wholesale, and specialty insurance, and represent over $50 Billion in Insurance premiums. 

With a multitude of decisions and rapid changes facing the insurance industry, collaboration and cooperation is required to accelerate the integration of technology into critical and high-volume processes. The charter members of the Alliance are well positioned to leverage their expertise, experience, and market

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Inflation Outpaces Fixed-Term Rates: Is Bitcoin The Solution?

October 9, 2020
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| business

Fixed-rate savings interest typically runs higher than rates offered for standard savings accounts. When interest rates are high, capital is more expensive, and when interest rates are low, bank customers will not receive a satisfactory return. Without adequate return, banks lose purchasing power as other investment opportunities are sought. As inflation outpaces fixed-term rates, is bitcoin the solution?

Zero-interest rate policy and bitcoin

In a September 15, 2020, interview with Stansberry Research, Robert Kiyosaki, author of Rich Dad, Poor Dad, said gold, silver, and bitcoin are investments in disaster. According to the author, “If everything was perfect, you wouldn’t need gold, silver, and bitcoin. Zero-interest

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Anti-money Laundering Market by Component, Solution, Deployment Mode, End-user, and Region – Global Forecast to 2025

September 30, 2020
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| money

The “Global Anti-money Laundering Market by Component, Solution (KYC/CDD & Watchlist, Transaction Screening, Monitoring), Deployment Mode, End User (Banking & Financials, Gaming/Gambling Organizations), and Region – Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The global AML solutions market size is projected to grow from USD 2.2 billion in 2020 to USD 4.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6% during 2020-2025.

The major growth drivers for the market include stringent government regulation and increased focus of financial institutions on digital payment related issues. However, increased complexities of AML solutions limiting ability of early detection of frauds is restraining the market.

Transaction Screening and Monitoring Solutions to grow at the highest rate during the forecast period

The transaction screening and monitoring solution is developed to meet AML and Counter Terrorism Financing (CTF) requirements, file Suspicious Activity Reports (SARs), and fulfill other reporting obligations

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The Bayesian Group and Money Button Partner to create the most comprehensive wallet solution in the world

September 29, 2020
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| money

TORONTO, Sept. 29, 2020 /PRNewswire/ — The Bayesian Group, the parent company behind the tokenization platform Fabriik.com and the financial services company Fabriik Markets, announced the completion of its acquisition of Money Button. Money Button is an industry-leading non-custodial wallet that allows people to make and receive payments with a simple swipe of a button.

Money Button is the most comprehensive digital asset wallet solution available because users have access to multiple outputs, blockchain data, smart contracts, currency conversion, a REST API and an OAuth API.

“The Bayesian Group is building a liquidity ecosystem for many asset classes, and Money Button is an advanced wallet for Bitcoin. By joining The Bayesian Group, Money Button becomes a member of a larger company solving many problems that complement the wallet we have built. We solve a problem for Bayesian, and they solve many problems for us. We are extremely excited to

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How Important Are Insurance Carrier Ratings and Insurance Tracking Solution Software?

May 5, 2020
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| insurance

What is an insurance policy? It is a promise or an assurance to pay in case of a covered damage or loss. The insurance carrier promises to cover the loss and pay during a financial disaster. Although, the commercial insurance has turned out to be quite complex and expensive, yet a good coverage can be your only security against the monetary catastrophe during a serious claim. Have you ever thought how would your condition be if the insurance company fails to keep the promise during the time of your need? This is where the insurance tracking solution software comes forward.

It is not an easy task to predict which insurance carrier is the best and safe, out of numerous options available. But, the ratings provided by various agencies can be of great help to select the most trusted one in the crowd. The carrier goes through rigorous evaluation procedures comprising … Read More

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Easiest Business Loan to Get: What Factors Are Important When Looking for a Financing Solution?

May 4, 2020
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| business

Every type of business requires some sort of loan or line of credit for a wide range of reasons: start up capital, equipment, inventory, office rental, etc. Since every business and every owner is different and has unique circumstances, the easiest business loan to get for another owner might not be the easiest for you.

For start-ups or businesses that have either no credit history or a poor credit history, it will likely be difficult to obtain traditional bank loans. Also, with a low credit score, your interest rate will be high, even if you are approved for a loan.

Lenders will usually look at more than your credit history. Other factors include your time in business, industry, your personal credit score, whether you’ve had any recent bankruptcies or defaults, balance sheet, business licenses and permits, tax returns, purpose of loan, proof of collateral, and several other reasons.

If you … Read More

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Finance to Consolidate Debts – The Solution to Your Debt Problems

May 3, 2020
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| finance

What does Finance for Consolidating Debts mean?

Finance for consolidating debts is an option you can consider if you find yourself struggling to make your monthly mortgage payments and also trying to pay off of your debts at the same time. It involves the process of refinancing your current mortgage loan and combining any or all of the following debts into one mortgage. All of these debts have their own repayment terms, interest rates, fees and charges, and differing days of the month to repay the debts:

>> Personal loan

>> Credit card

>> Store card

>> Car loan

>> Leasing arrangements, and

>> Other loans

Are You in this Situation?

Like many consumers you have made your life miserable and stressful by getting yourself into a situation where you have:

>> A number of different loans, and

>> The loans being held with a number of different lenders/credit providers… Read More

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