Category: Doing Business Overseas

The demand for embedded financial services has been seen across the industry, with the insurance sector being no exception. Embedded insurance has the potential to remove the hassle from a purchase, create tailored products, allow the insurer total control of what they want to sell, and help close the ‘protection gap’. Noam Shapira is a…

The Competition and Markets Authority (CMA) has published the findings and recommendations of a review to identify lessons from open banking. Significant governance failures at the Open Banking Implementation Entity (OBIE) were identified in an independent report which was published in 2021. Kirstin Baker, a CMA non-executive director, has led a ‘Lessons Learned’ review into…

As inflation continues its squeeze on American consumers, a recent study, commissioned by Sunbit and conducted online by the Harris Poll with more than 2,000 US adults, shows that the majority of consumers would like BNPL to go beyond its current focus on e-commerce businesses and extend to everyday needs. BNPL for necessities is a…

It looks like Christine Lagarde, the President of the European Central Bank, has lost her sleep and is having nightmares over crypto. On a recent episode of the Dutch television show “College Tour,” when speaking about cryptocurrencies Lagarde said that “my very humble assessment is that it’s worth nothing”, and continued “it’s based on nothing,…

LevelField Financial, the US financial services firm uniting digital assets and traditional banking services in one platform has selected METACO, the provider of digital asset custody orchestration technology to complex, global financial institutions. LevelField is deploying its institutional digital asset management operations on IBM Cloud in order to leverage the confidential computing capabilities of IBM’s…

Banks and fintechs must work harder than ever to provide a smooth digital experience for their customers, warns card issuing platform Marqeta as it publishes its latest consumer money report. Marqeta’s 2022 State of Consumer Money Movement Report looks at consumer payment, banking and shopping preferences, revealing that digital adoption is on the rise. The…

The video-on-demand platform CHILI has partnered with Coinbar, to allow its users to make purchases with Bitcoin (BTC), XRP (XRP), DigitalBits (XDB) and Tether (USDT) using CoinbarPay. The partnership announcement was made at Blockchain Week Rome 2022, the largest Italian event dedicated to blockchain and cryptocurrencies. CHILI is a European entertainment company that has developed a…

Her Majesty’s Revenue & Customs (HMRC), the UK government department responsible for tax collection, has seen the number of interactions with its chatbot service surge from just under 200,000 in the financial year just before the pandemic hit (FY 19/20), to nearly 2.5 million in the year that followed, FY 20/21 – a total rise…

To help investors navigate the risky and unregulated world of crypto, BrokerChooser has analysed the largest cryptocurrency exchanges on four main pillars: regulation, consumer protection, market fairness and transparency to reveal the safest exchanges for investors.  The 5 safest crypto exchanges: Rank Exchange Regulation/5 Consumer protection/5 Market fairness/5 Transparency/5 Overall/5 1 Coinbase 4.5 3.8 3.5…

Turtlemint, an Indian insurtech company has announced the launch of its first office in Dubai, UAE. As per Turtlemint’s growth strategy, the expansion announcement is aligned with its recent Series E funding of $120million. The expansion is undertaken to scale its digital insurance platform offering for enterprises – Turtlefin’s operations in the Middle East. Turtlefin…