Findings from a new global thought leadership report published today by the no-code digital insurance platform provider, INSTANDA - Re-imagining the Digital Insurance Landscape: 10 Years from Now - highlights a once-in-a-generation opportunity to transform the industry. However, a new type of muscle is required to truly embrace what the Information Age has to offer as experts warn many insurers risk being left behind.
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As financial services are embedded in more and more digital environments, the ways in which HR teams handle payroll management continue to evolve.
AccessPay, the leading provider of bank integration, today announced the addition of Confirmation of Payee (CoP) and Sanctions Screening capabilities to its Fraud & Error Prevention Suite, launched in 2023. The new capabilities will enable finance teams to avoid fraudulent and non-authorized payments and accidental misdirection of funds. They will also ensure compliance in an increasingly complex regulatory landscape.
bunq, the second largest neobank in Europe, reports a pre-tax profit of €53.1 million in 2023. A testament to bunq’s sustainable business model proven to yield record profits throughout 2023, the challenger will direct its net profit to propel its global expansion strategy.
Two in three (66%) larger UK businesses say they are very familiar with open banking and users report an average annual saving of 150 hours usually spent on operational tasks such as processing invoices and financial data, recurring payments and processing refunds, new research reveals.
Torpago, a commercial credit card and spend management provider, Marqeta, a strategic partner of Torpago and the global modern card issuing platform, and Sunwest Bank, a leading entrepreneurial business bank, announce the launch of Sunwest Visionary Card, Sunwest’s commercial credit card and expense management solution.
Neo, the open-source, community-driven platform where developers are building the Smart Economy, announced that it has officially opened its Hong Kong office, expanding its presence in the emerging blockchain hub. Located within Cyberport, Hong Kong’s leading digital tech and Web3 hub, the new office will be at the forefront of Neo’s drive to realize the Smart Economy and will serve as a base to support Hong Kong’s leading Web3 developer talent and promote investment in the region.
Mesh, the modern embedded finance solution that makes digital asset transfers and account aggregation seamless, today announced an investment from PayPal Ventures. This investment helps to reinforce Mesh's position as a leading player in embedded finance and highlights PayPal's commitment to fostering innovation in the digital payments landscape.