Insurance industry payments network One Inc has launched a collaboration with J.P. Morgan Payments. The new partnership integrates J.P. Morgan Payments’ capabilities with One Inc’s PremiumPay and ClaimsPay solutions, giving insurance carriers access to One Inc’s suite of inbound and outbound digital payment services, the companies said in a Tuesday...
One Inc has teamed with insurer Zurich North America to help digitize claim payments. The insurance industry payments network announced Wednesday (June 26) that Zurich — which provides commercial and risk management services — had implemented One’s digital claims payment systems for outbound claims payment...
Vitesse has completed a $93 million Series C funding round aimed at growing its treasury and payment solutions for the insurance industry. The company will use the new funding to support its expansion in the United States and to further its product development, adding more connectivity...
Nordic Capital is making a strategic investment in One Inc, a digital payments platform for the North American insurance industry. Nordic Capital will join Great Hill Partners as an investor in One Inc, with the two investors having an equal stake to each other alongside...
November 02, 2023
Generation Z and millennials have different insurance needs from their elders, yet they are already a market force to be reckoned with. More than 60% plan to purchase one or more types of insurance policies within the next 12 months. Regardless of which type they buy, half prefer to purchase it online, and when they […]
October 12, 2023
Real-time payments are becoming a major player across industries. Large retail, manufacturing and insurance firms recognize the significance of real-time payments for business-to-business (B2B) operations. Notably, 81% of large retailers...
July 11, 2023
Insurance firms are increasingly embracing real-time payments for business-to-business (B2B) transactions, viewing them as essential to success. More than two-thirds plan to increase the use of real-time payments for inbound...
March 02, 2023
When consumers are given a choice, they usually choose to receive insurance disbursements via same-day account transfer or instant payment rails. It’s a finding that is consistent with the general...
October 15, 2024
Paymentus has introduced a tool to help insurers offer instant digital disbursements. The Paymentus Disbursements Accelerator, announced Tuesday (Oct. 15), has been added to the Guidewire ClaimCenter, and is designed to help insurers rapidly weave instant digital disbursement capabilities into their claims management processes. “For more than a decade, some of the largest insurance providers have relied on […]
October 15, 2024
Insurance industry payments network One Inc has launched a collaboration with J.P. Morgan Payments. The new partnership integrates J.P. Morgan Payments’ capabilities with One Inc’s PremiumPay and ClaimsPay solutions, giving insurance carriers access to One...
June 26, 2024
One Inc has teamed with insurer Zurich North America to help digitize claim payments. The insurance industry payments network announced Wednesday (June 26) that Zurich — which provides commercial and...
May 21, 2024
Vitesse has completed a $93 million Series C funding round aimed at growing its treasury and payment solutions for the insurance industry. The company will use the new funding to support...
