Day: September 19, 2020

Posted in Personal

UMB Healthcare Services Simplifies Benefit Card Payment Processing

Your single solution for multi-purpose card issuance, administration and payment processing – at a fraction of the cost

KANSAS CITY, Mo., Sept. 9, 2020 /PRNewswire/ — UMB Healthcare Services, a division of UMB Financial Corporation (Nasdaq: UMBF), announced today a new cost-effective payment processing solution that is tailor-made for small to mid-size benefit administrators. It offers a full suite of multi-purpose benefit card management services, including issuing, processing and administration. UMB is taking its years of card expertise and its long-standing integrated relationships with global payments technology organizations to provide an easy-to-use benefit card solution for all types of consumer directed healthcare (CDH) accounts.

UMB Financial Corporation

This new offering from UMB eliminates the need to establish a costly payment technology services relationship and work with a processor.

“We are excited to offer this unique service to help benefit administrators save both time and money,” said Phil Mason

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Posted in Finance

Definition 6 Joins The Trusted Partner Network (TPN): A Content Protection Initiative

As more and more content is created through collaborations with third-party vendors, protecting that content is more important than ever before. To ensure security at the highest level, Definition 6 has joined The Trusted Partner Network (TPN).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200819005101/en/

TPN is the gold-standard in global content security. Definition 6 reviewed and made the necessary changes to policies, infrastructure, and security needed to obtain TPN certification. These changes ensure entertainment clients the level of security required to keep their data protected and private. This helps prevent leaks, breaches, and hacks so no movies, shows, or any other content will be seen before the intended release date.

In participating with TPN, Definition 6 has joined a select group who will undergo annual assessments to ensure that they continually meet TPN’s strict security guidelines. No matter what level of production you need—editing, sound design/mixing,

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Posted in Insurance

From applying to receiving policy document, process to go entirely online



a close up of a box: Since all the documents are transacted online and maintained, it also improves transparency between the insurer and insured.


© Provided by The Financial Express
Since all the documents are transacted online and maintained, it also improves transparency between the insurer and insured.

Buying of health insurance and motor insurance policies is going to be entirely online. From filling up the application form to receiving the policy documents, the process will become entirely digital in the time to come. The IRDAI has issued a circular to all General and Health Insurers, for the issuance of Electronic Policies and dispensing with physical documents and wet signature on the proposal form in respect of health insurance policies.

As per the circular, the IRDAI states that in the wake of Covid-19 pandemic, the Authority had received representations from the insurance companies for an exemption to all individual and retail health insurance policies issued by general and health insurance companies from the requirement to issue physical policy document and hard copy of proposal

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Posted in Money

China’s Crypto Currency May Challenge U.S. Dollar Peg in Hong Kong

Showdown looming against the U.S. dollar in Hong Kong.

Photographer: Chesnot/Getty

Money is whatever people will use to swap, store and measure value. Since 1846, Hong Kong residents have relied on notes issued by commercial banks. And for almost four decades, they have been safe in the knowledge that 78 units of  local currency would always fetch 10 U.S. dollars. That certainty has spawned a globally competitive financial center. 

But change is on its way. The people of Hong Kong may be asked to try out a new kind of money. Whether they bite could decide the outcome of a great superpower rivalry. 

A digital renminbi trial

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