Global insurtech for embedded insurance hits major milestone following a momentous year of growth as XCover sales increase by 667% and US team triples

In 2021, the financial threats landscape witnessed positive changes with the overall number of users affected by malware reduced significantly, including a 35% drop in PC malware. Still, financial organisations, as cybercriminals’ most lucrative targets, continue to face massive threats.

With new customers, a growing channel, and subscription volumes doubling WALLIX has achieved its growth plans with international turnover up 35% to €9.2 million

WALLIX, a European cybersecurity software developer and expert in privileged access management (PAM), has reported its full-year 2021 turnover.  

Virgin Money has enhanced the way customers who have fallen into arrears provide their income and expenditure (I&E) information as part of a new digital affordability platform, delivered by Paylink Solutions.

The customised software brings Virgin Money’s operations together as part of a consistent affordability system for agents and customers to self-serve.

Successful year supports IDnow’s journey towards becoming the European leader in identity verification and authentication

Bybit, one of the world's fastest-growing cryptocurrency exchanges, will soon release its USDC perpetual contracts. The new product will allow users to trade using their USDC balance on Bybit's derivatives exchange.

Bybit's new USDC perpetual contract will first open to whitelisted traders, allowing them to use USDC as collateral and place long or short contracts with up to 100x leverage and no expiration date.

Challenges for digital merchants emanating from the pandemic, such as restrictions to movement, continue to ease as we move further into 2022. Within a context of economy recovery and digital acceleration there are five significant trends which we believe are most likely to affect online retailers this year, namely: innovation, consumer behaviour, cross border payments, competition and regulations.

Technological innovations

- Accounts Payable activity for the fashion brand now only takes 10-15% of the finance team’s time -

Coinbase, the world-leading cryptocurrency exchange, today announces support for Ledger hardware wallets in its Wallet extension. The move provides an added layer of security to users of the service and further reinforces the self-custody experience for Coinbase customers. 

• Rory Maclean joins from fundraising platform Givergy and will lead on expansion of programme enabling charities to increase donor base
• Currensea’s ‘powered-by’ charity branded card programme allows cardholders to roundup UK spending and convert savings made on overseas foreign exchange charges into charitable donations
• Currensea’s money-saving card can also be used as part of an employee benefit package by corporate partners