Award-winning global Insurtech BOXX Insurance Inc. that combines cyber insurance and security has announced the launch of a cutting-edge cyber risk solution in collaboration with Zurich Insurance Group in Switzerland, providing digital protection for individuals and families. 

stc pay, Bahrain’s most innovative and accessible mobile wallet for digital financial transactions, has partnered with Mastercard to launch the first Mastercard World prepaid card in the Kingdom. The stc pay Mastercard Elite card, available exclusively through stc pay, introduces new flexibility by providing subscribers with the option to select either a sleek Mastercard Elite Metal card or Mastercard Elite card.

Ermes srl, one of the leaders in providing solutions for the identification and security of people, has signed a distribution agreement with Zwipe, a pioneer and world leader in the development of biometric technology on cards for identification, access control and payment.

Global fintech SumUp has today launched direct debits, providing merchants with an even more streamlined payment experience. 

Broadband disruptor Cuckoo has signed a new three-year deal with bank payment company GoCardless. The broadband provider will use the fintech’s Direct Debit capabilities to collect monthly bills from customers, continuing a relationship which first started in 2020. 

Unlimit, the global fintech company, announced a partnership with DEUNA, the ultimate unified platform for growing and simplifying commerce, aimed at enhancing cross-border payments for enterprises in LatAm and other regions.

Crown Agents Bank, the UK-regulated bank, specialising in FX and cross-border payments for emerging and frontier markets globally, announces a strategic partnership with AbbeyCross to provide FX Payments to emerging markets via the ABX Platform, a marketplace for emerging market FX and payments. Crown Agents Bank is one of the first banks to join the ABX Platform as a payment provider.

Swift has today set out plans to help financial institutions streamline the cross-border payments experience for their corporate customers, by extending ISO 20022 across the entire payment chain and giving banks ready-to-use, white-labelled tracking services that can be activated for customers at the click of a button.

Vitesse, a leading treasury and payment solutions provider for the insurance industry, today announced the completion of a $93M Series C funding round led by leading global investment firm, KKR, with participation from existing investors, including Hannover Digital Investments. Following the investment, which is subject to customary regulatory approvals, Patrick Devine, Managing Director in KKR’s Tech Growth team, will join the board of directors.