With their completely remote-deployable platform, IMburse AG, enables businesses to modernise their core IT systems and offers the most important payment technologies and leverage the best service providers. The consumer needs services and access to help, and insurers want to be there for them. IMburse AG makes it easy to connect the two.

Across the world digital payment providers are seeing a surge in the use of digital wallets and payment methods with Bain, a global consultancy group expecting to see everyday adoption of digital payments to increase from 57% to 67% by 2025. Banks and Insurers are also seeing a surge in usage of digital applications, payment options and product purchases with KBC Bank in Ireland reporting a 10% increase in applications for current accounts online.

Insurance companies face many challenges when it comes to digital payments including the various payment methods across each market. Offering Payment-as-a-Service, IMburse AG has a comprehensive cloud-based ecosystem of payments, rewards and banking partners that is available to clients. This service gives clients the freedom to connect to as many Payment Service Providers as they want without extra IT work, meaning clients can expand into new markets easily through accessing all collection and payout methods without losing oversight.
 
“We’ve seen a rapid acceleration of digital payments with the arrival of COVID19 which we expect to continue into the future. It has opened up a new cohort of customers to financial institutions around the world which will help them move from brick and mortar models to fully online.“said Oliver Werneyer, CEO of IMburse AG.

“The only obstacle for growth in the sector post COVID19 is payment infrastructure across borders which we solve allowing financial institutions to compete in new markets quickly.” he added.

IMburse AG currently employ 12 full time staff at its offices and targets insurance companies and banks, with plans to expand its offering to transport and utilities at a later stage. The company hopes to double the current employment rate within the next year and are currently available on Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. 

For more please see www.imbursepayments.com