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March eNewsletter

Time for Technology

Can’t escape it. It’s absolute.

Regardless of the industry, technology in all of its wonderful and scary forms (pick your favorite abbreviation: IoT, AI, ML, NFC, SDK, API, BlockChain …) is here and affecting our lives daily.

The intersection and merger of the Insurance and Financial Services industries with technology is more commonly known as InsurTech and FinTech respectively.

For most people, these terms are left to the tech nerds and wizards that surround us. Yet, you need not have any programming experience to appreciate the value and impact technology has within our industry.

Artificial Intelligence (AI) and Machine Learning (ML) are active today for many banks and insurance companies. As an example, this article explains how, for banks, AI is automating and personalizing customer service in the form of chat bots and voice recognition systems.

AI is already supporting Insurance Carriers with claims processing.

So what does this all mean for us? Not exactly sure.

One thing is certain: change is here and technology is the fuel. Perhaps some of the information within this issue will provide insight.

cbsi


WHAT WE ARE READING

There’s plenty of content in this issue so we will make it quick. Enjoy!

InsurTech Reading

How the Insurtech Is Disrupting the Insurance Industry

Insurtech investment rises as companies focus on cyber

The #50insurtech online influencer list

How Technology is Transforming Insurance

How the Incumbents are responding to the InsurTech Evolution

5 InsurTech Trends to Watch

 

Insurtech Conferences:

April 11 Minneapolis-St Paul: OnRamp Insurance Conference (Insurance Innovation)

 

FinTech Reading

The Deep Vault of Millennial Fintech Apps

12 Top Fintech Companies to Watch

States, consumer groups blast CFPB’s fintech protections

Fintech and the Future of Consumer Finance

 

Fintech Conferences:

Best Fintech Events to Attend in 2019

NYC April 3: Empire FinTech Conference

Austin TX May 29-31 The Digital Future of Insurance

NYC June 11-13: Future of Fintech 2019 


TALKING BUSINESS

cbsi’s Ken Kraetzer attended two events recently that focused on both technology (AI specifically) and the rising needs of security and risk.

The articles and related interviews are truly informative.

Click HERE to read more.


cbsi STARS

The cbsi STARS Employee Recognition program aims to show that great customer service provided by our employees to our clients, cardholders, partners and each other will be rewarded.

We are proud to announce George Kalogridis as the cbsi STARs MVP for 2018. George was recently awarded this honor for demonstrating a strong commitment to cbsi’s core values by excelling as a team player and going above and beyond the normal call of duty to provide exemplary customer service through his tact, actions and initiative.

To read more about this award and the cbsi employees who continue to support you and your business, click HERE.


cbsi Philanthropy

For more than 40 years, cbsi has dedicated its time and energy toward helping clients succeed by providing superior products, services and relationships. During those same 40 years, cbsi has also dedicated its energies toward making a difference in its communities as well.

Recently, cbsi employees supported the ANDRUS organization.

Please read HERE.