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Mortgage Industry Trends Driving Layoffs and Five Tactics to Avoid Job Cuts

Everest Group

To better understand where the market is headed, we looked at the Annual Mortgage Origination estimate from 1990 to 2019 before the pandemic. This, in turn, is pushing home buyers out of the market. Uneven hiring: Companies increased their workforce strength exponentially during the pandemic to keep up with the home-buying surge.

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Top 4 dominated future technology trends of InsurTech

Amzur

Insurtech, a word that refers to technology designed to improve efficiency within the insurance industry, has been accelerating for years. Now, most modern insurance companies agree that improving their technology is a key component of their future success, but that doesn’t mean reaching that future will be simple or easy. .

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ChatGPT – Can BFSI Benefit from an Intelligent Conversation Friend in the Long Term?

Everest Group

While its promise remains high, will the banking, financial services, and insurance (BFSI) sector unearth ChatGPT’s full potential? Read on to find out. Let’s explore ChatGPT’s potential to impact the future of AI and its usage in the technology and services industry, particularly by financial institutions, banks, and insurers.

Banking 130
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Computer Vision: Intelligent Automation that Sees

Automation Anywhere

It’s already being used in a broad range of use cases, including invoice processing , insurance claims , and know-your-customer (KYC) initiatives at financial institutions. Although this is a relatively trivial challenge for humans, it has turned out to be surprisingly difficult for machines.

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Healthcare Payer Processes Ripe for Automation

Automation Anywhere

The global healthcare IT market, valued at $187 billion in 2019 , is predicted to grow at a more than 15.6% Provider credentialing: a long, drawn-out process, ready for automation The healthcare payer value chain is a complex mix of transactional processes with processes that require judgment. billion in 2026. Ignore them for now.

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Automating the Healthcare Revenue Cycle

Automation Anywhere

Each of these areas includes many tasks that are often performed manually by multiple employees such as interpreting incoming forms, accessing multiple data sources, verification and reconciliation, transferring data between disparate systems, and generating reports, notifications, and alerts.

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It Outsourcing In Vietnam: EOR, PEO/ GEO – Which Solution Is Best For Your Business?

Groove Technology

Contract & development: form the entire team; sign the contract; manage, assign tasks, communicate directly with the staffs about the development process. Furthermore, the EF English Proficiency Index (EF EPI) ranked Vietnam 10th out of 25 Asian countries in terms of English language proficiency in 2019. Employee advantages.