RegTech is essential to ensuring the safety of these transactions, yet at the same time enhances the efficacy of finance and commerce in reaching underserved segments of the population.
New Insurtech tools will change insurance from financial indemnity and service transactions to a partnership.
Focusing on the structural approach to collaboration and cross-industry learning could be the key to address the growing challenges of digital disruption.
Used judiciously, entity resolution delivers on the holy grail of AI in RegTech; greater efficiency and lower costs.
With proper planning, Insurtech startups can more naturally match up with insurers' buying cycle preferences, and win the deal.
We are witnessing the nascent signs of Fintechs empowering individuals to manage and create wealth from their Personal Digital Assets (PDAs)
The real fuel firing InsurTech’s rise is its ability to make insurance work for consumers better than it ever has before.
Those hard-working back office robots deserve equal attention from the industry and present a great opportunity for WealthTECH innovation.
The 5Cs of opportunity in life insurance are – communication, customization, connection, cognition and consensus.
The impact of the implementation of RegTech should not be underestimated, as real-time incident and workforce management software will ensure compliance and surface incidents immediately.