Major UK brands with an annual average revenue of over £100M are seeing a positive business impact from deploying embedded finance, according to a new study from NatWest Boxed. Businesses across travel, retail, financial services and utilities have all seen an increase in customer conversion, increased basket size, and repeat purchases. However, brands have rightfully increased their expectations on embedded finance providers in a market with growing demand and diverse supplier archetypes.
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In a significant milestone underscoring its leadership in banking innovation, Warba Bank, one of Kuwait’s leading Islamic financial institutions, announced the launch of its youth account “Wave Banking” with an advanced digital platform, designed specifically for the younger generation under the slogan “Your Wave, Your Way”, offering a fully digital experience tailored to their lifestyle and financial needs.
CyberCube, the global leader in cyber risk analytics for the insurance industry, today announced the launch of Exposure Manager (XM), the first and only tool that allows (re)insurers to evaluate cyber risk across entire portfolios efficiently with powerful, quantified data, with adoption from several leading global (re)insurance companies already.
The Bank of England and Accenture have completed the successful transformation of the Real-Time Gross Settlement (RTGS) service, a significant component of the UK's financial infrastructure, enhancing its resilience, access, functionality, and delivering new foundations for innovation.
OpenDialog AI, a leading AI Agent software provider to the insurance sector, today announced a strategic partnership with Adrian Flux to deploy its Se
Gemini Space Station, Inc., a global crypto platform, today announced the launch of its initial public offering of 16,666,667 shares of Class A common stock pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission. In connection with the offering, Gemini and the selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 2,396,348 and 103,652 shares of Class A common stock, respectively, to cover over-allotments.
Cytora has announced the expansion of its global advisory board in welcoming financial services veteran Ed Giera. The move is designed to support Cytora’s global growth.
Visa, the global leader in digital payments has partnered with Ample Earth, a UK-based Climate Fintech to incorporate sustainability data into the payment ecosystem.
Visa's latest whitepaper, "Unleashing the Potential of Sustainability Data," highlights the partnership and outlines how sustainability is increasingly shaping customer behaviour and powering new payment experiences.
Klarna, the global digital bank and payments provider, is expanding its debit-first card across the EU, following a successful US launch in July this year. The Klarna Card challenges traditional credit card providers by giving consumers the power to pay upfront or flexibly, and 685,000 Americans have already signed up for the card since July.
Aryza, a leading global provider of credit and debt lifecycle SaaS solutions, is pleased to announce the acquisition of Bravure, a market leader in technology enabled debt sale and recovery solutions. Based in Sydney Australia, this strategic acquisition reinforces Aryza's commitment to the Australian market, while enhancing its capabilities in the complex post-arrears environment.