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Lemonade CFO On The Insurance Industry’s Innovation Dilemma

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Having to file the claim and manually provide bank account details to receive a direct deposit, or wait for a check in the mail, means there is more time between when an incident occurs and when the policyholder can access the funds needed to address it.

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Mastercard’s Master Plan: Give Millennials What They Want

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For Mastercard , Cozzo said that the product of this equation was a mobile app and corresponding website where account holders can view balances, access budgeting tools, manage and pay their bills, send P2P payments, set savings goals and receive direct deposits from their employers.

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