Remove Financial Services Remove Insurance Remove Paper Remove Risk
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The Financial Service and Insurance Industries Need Intelligent Document Processing; Here’s Why

Rocket Software

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP.

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Developments in Health Privacy and Cybersecurity Policy and Regulation: OCR Issues Cybersecurity Warnings and New Health Data Legislation Is Introduced

Data Matters

Department of Health and Human Service’s Office for Civil Rights (“OCR”) issued industry guidance for Health Insurance Portability and Accountability Act (“HIPAA”) regulated entities to take preventative steps to protect against some of the more common, and often successful, cyber-attack techniques. On March 17, 2022, the U.S.

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Impact of IDP on Business Growth – Customer Onboarding Use Case

Info Source

These inputs arrive through different channels in different formats, a significant portion often as paper documents. For example, if your experience as an end customer in an interaction with your bank, insurance carrier, car dealer etc. The next step, or likely several steps relate to Anti-Money Laundering, Fraud, and Risk assessment.

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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

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How Multi-factor Authentication Can Benefit Your Industry

Rocket Software

Financial services organizations typically experience the most data breaches and hacks, which makes security a priority. With so many healthcare staff working remotely, it is critical to remove risks surrounding non-repudiation. In an office setting, this can be done easily through a paper form. But what about healthcare?

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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.

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Cachet Financial Reeling from MyPayrollHR Fraud

Krebs on Security

based Cachet threw much of its customer base into disarray when it said its bank was no longer willing to risk another MyPayrollHR debacle, and that customers would need to wire payroll deposits instead of relying on the usual method of automated clearinghouse (ACH) payments (essentially bank-to-bank checks). But on Oct. But on Oct.