In today's rapidly evolving financial landscape, one term has emerged as a game-changer for both consumers and businesses alike: embedded finance. It represents a paradigm shift, where financial services are offered seamlessly to consumers through non-financial products or services. Embedded finance encompasses two vital aspects: embedded credit and embedded payments. 

Revolutionising and Streamlining Payment Options 

NatWest has launched a new transaction categorisation service called Enriched Transactions, which is available to businesses, such as Account Information Service Providers (AISPs) and lending providers, to integrate with their apps and digital platforms.

By making the API-enabled service available to businesses, NatWest is the first UK bank to offer transaction categorisation as an extension to Open Banking APIs.

Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), part of Wolters Kluwer’s Corporate Performance and ESG (CP & ESG) division, is launching new capabilities to meet Capital Requirements Regulation (CRR) III and Basel IV requirements at its eagerly anticipated annual FRR Client Conference, this year in Sitges, Spain. 

Jason Nabi has joined leading digital prime brokerage firm GCEX as Strategic Business Development Consultant. Based in the UK, his focus will be on driving growth from institutional and professional clients.  

Pepper Money India has partnered with the National Payments Corporation of India (NPCI) and Pine Labs to launch a RuPay prepaid card in India, Pepper Money Dreams Card. The Pepper Money Dreams Card represents the country's first prepaid card tailored for Tier 2 cities and beyond as well as other key emerging cities. It is a series of financial solutions scheduled for release over the next few months.

The British Business Bank is launching its new £150 million Investment Fund for Scotland today (5^th October), unlocking additional funding to help smaller businesses to prosper and thrive.

Are you transforming your organization with blockchain technology or will you be left behind by your competitors? Blockchain innovation offers incredible opportunity and ROI for organizations willing to embrace it — especially when it’s estimated to create $3.1 trillion in new business value by 2030.

SmartSearch, the UK’s leading provider of digital compliance solutions, has today announced the internal appointment of Julie Green as client services director.