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Innovation

Bringing Music to Your Ears
by BFSInxt

Rather than viewing technology startups purely as competitive threats, established insurers are increasingly forming partnerships …

by BFSInxt

Straightforward claims, such as minor vehicle damage documented through photos, are increasingly assessed and settled …

by BFSInxt

Insurance pricing based on actual usage patterns, such as driving behaviour tracked through connected devices, …

by BFSInxt

Insurance products that can be switched on and off for specific short periods, such as …

by BFSInxt

As regulators increasingly expect institutions to demonstrate not just compliance outcomes but the reasoning behind …

by BFSInxt

Early transaction monitoring systems often generated overwhelming numbers of false alerts, burying genuinely suspicious activity …

by BFSInxt

Manual compilation of regulatory reports has always carried meaningful risk of human error, a risk …

by BFSInxt

Know-your-customer verification has traditionally been a slow, document-heavy process, but newer technology is enabling faster …

by BFSInxt

As the volume and complexity of financial regulation continues to grow, manual compliance processes are …

by BFSInxt

Dedicated innovation teams within larger institutions were once judged mainly by the novelty of their …

by BFSInxt

Encouraging customers to shift from traditional channels to digital ones requires different approaches depending on …

by BFSInxt

The success of major technology investments often depends less on the technology itself and more …