Nanonets

AUGUST 16, 2024

  With automation, insurers can automate repetitive tasks such as manual data entry and document verification, speed up claim processing to increase efficiency and accuracy and minimize errors and fraud. Fraud detection: Fraudulent claims are one of the insurance industry's biggest challenges.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

M2P Fintech

JANUARY 21, 2025

Key Features Customizable Decision Engine : HyperVerges decision engine is tailored to align with specific business rules, ensuring more accurate and efficient underwriting. Effective Fraud Detection: By integrating machine learning into advanced fraud detection mechanisms, it effectively identifies and prevents fraudulent activities.

Origination 52

Origination Payment APIs and Integration Underwriting Automation 52

Stax

DECEMBER 27, 2023

Setting up a merchant account involves choosing the right merchant account provider for your needs, identifying your type of business, submitting an application, and undergoing an underwriting process to assess risk. Request Quote What Is a Merchant Account? per transaction Online: 2.9% + $0.30 The payment methods you want to accept.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

PYMNTS

DECEMBER 30, 2019

Earlier this month, the company launched Ocrolus+ , a service that enables clients to deploy Ocrolus and Plaid via a single API to ingest data — regardless of format or quality — and extract accurate, digital data. A Gradual Evolution.

Non-Bank 57

Non-Bank Addressing On-Demand Fraud Detection 57

Nanonets

DECEMBER 25, 2023

Real-time Fraud Detection The healthcare industry is, unfortunately, susceptible to fraudulent activities, and AI provides a robust defense mechanism. Advanced AI algorithms can continuously analyze claims data in real time, flagging suspicious patterns or anomalies that may indicate fraudulent behavior.

AI 59

AI Process Payer Fraud Detection 59

The Fintech Times

MARCH 31, 2024

“AI has been a game changer and excelled in analysing vast data sets, enabling accurate risk assessments, fraud detection, and streamlined claims processing. In the insurance industry, AI helps underwriters identify risks and threat vectors, helping them to work more efficiently.

Risk 64

Risk AI Underwriting Automation 64

CB Insights

MARCH 21, 2018

These include: Fraud detection and risk prevention: By moving insurance claims onto an immutable ledger, blockchain can help eliminate common sources of fraud in the insurance industry. Fraud Detection and Risk Prevention. Blockchain technology can enable better coordination between insurers to combat fraud.

Blockchain 78

Blockchain Audit Process Risk 78

Exact Payments

SEPTEMBER 25, 2023

As you develop and license these technologies, you’ll want to make sure that they not only include cutting-edge payment features but can also help you manage a range of operational tasks — such as fraud screening, onboarding, reporting, merchant payouts, and much more. As the last step in the PayFac journey, this one never truly ends.

PCI DSS 52

PCI DSS OFAC Facilitators Payment Gateways 52

Stax

JANUARY 10, 2024

This fee helps payment processors maintain compliance with the latest Payment Card Industry Data Security Standard (PCI DSS) requirements for secure online transactions. It’s also important to choose a payment gateway that offers advanced security features like tokenization and fraud detection.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

PayHawk

APRIL 18, 2023

EMV Europay, Mastercard, and Visa, a set of global standards for payment card security and authentication. F Fraud Detection The process of identifying and preventing fraudulent transactions. Fraud Filters Software applications or rules that automatically detect and prevent fraudulent transactions.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Fintech Review

NOVEMBER 12, 2024

These fintechs use technology to improve credit assessment and underwriting processes, making loans more accessible and affordable. These technologies can help banks automate processes, such as customer onboarding, loan approval, and fraud detection.

FinTech 105

FinTech Financial Inclusion Regulatory Compliance Compliance 105