Simplesolve25 Jun, 2021Technology
Innovation is almost always considered in a positive light. What couldbe more revolutionary than anytime money? The advent of cash dispensers, now known as ATMs, made it possible for people to access cash even out of banking hours, and at the time, the convenience of it was astounding. Banks themselves reaped dividends through a lowering of costs. As communication networks improved coupled with faster payment processes, the insurance industry too hopped on to the innovation boom. One that made a big impression was the drastic reduction of processing time for insurance claims, as it moved online.
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