Blockchain to cut $10 Billion in Insurance Fraud by 2025!

Disruptive technologies like AI, blockchain, and data analytics are reshaping the way we bank, invest, and insure. By end of 2024, AI in fintech is projected to skyrocket to over $22 billion, with a staggering 23.17% annual growth rate. Blockchain is set to cut insurance costs by up to 30% over the next decade, revolutionizing how the industry operates.

This whitepaper is packed with real-world examples from fintech and insurtech trailblazers like Starling Bank, Monzo Bank, Tide, Mastercard, Visa, By Miles, Hastee, J.P. Morgan, Sage, Marshmallow, Nutmeg, and more with research from places such as Salesforce, CB Insights, and Tech Nation . Discover how these companies are prioritizing customer experience through personalized services and streamlined processes. By 2025, 72% of consumers will expect hyper-personalized services from financial institutions—making innovation more critical than ever.

Here’s what you’ll discover inside:

? AI-Powered Innovations: How AI is not just automating but humanizing customer experiences. With AI expected to reduce banking operational costs by up to 22% by 2025, find out how these savings are being passed on to you!

? Blockchain’s Impact on Insurance: Learn how blockchain is making insurance smarter, safer, and more affordable. By 2025, blockchain could prevent over $10 billion in fraud, providing both companies and customers more trust and transparency.

? Real-Life Case Studies: Companies like Monzo and By Miles are already leveraging tech to make applying for loans and insurance easier, faster, and more personalized. By end of 2024, 40% of consumers will switch to services offering seamless digital experiences—don’t get left behind.

? Consumer-Centric Transformation: With 84% of fintech companies now focusing on improving user experience, see how new technologies are not only meeting but exceeding the expectations of modern consumers.

? Impact on Business and Consumers: Whether you're a business looking to stay competitive or a customer wanting better services, find out how these technologies are benefiting you. Personalized banking is set to increase customer retention by 35% by 2025—this is the future of finance, and it’s designed with you in mind.

Download your free whitepaper from The AI Journal today and see how you can stay ahead in the rapidly evolving world of fintech and insurtech!

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ON-DEMAND WEBINAR

You can watch your on-demand webinar that looks at technology trends shaping the finance and insurance sectors, how these are affecting buyer behaviour, and creating innovative customer experiences at scale. Dive into these topics with speakers Christopher Frankland ??, Arindom Basu, Ema Roloff, Samrah Kazmi, Parmjeet Kaur, Awais Farooq, CPCU, M.S, and Tom Allen.

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