The Usage-Based Insurance (UBI) market has now reached over 60 million customers across 450 active programmes – a sixfold increase in just ten years. PTOLEMUS Consulting Group, which predicted the “uberisation” of insurance in 2015, highlights this transformation in its new report. UBI is now a truly global phenomenon that reaches 59 countries and generates more than €50 billion in premiums, finds the consulting firm in its new report. This growth reflects the growing smartphonisation of th...

Payment leaders in Asia are initiating the Digital Wallet Guardian Partnership, designed to further strengthen the protection of global wallet payments, as digital wallets rapidly become the preferred choice for everyday transactions among consumers in Asia and around the world. Ant International, a leading global digital payment, digitisation and financial technology provider, AlipayHK, Hong Kong’s most-used e-wallet, and TNG eWallet, Malaysia’s most preferred e-wallet, will focus on three a...

Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced its Cessna Citation Ascend business jet program continues to advance as the first production unit rolled out of the manufacturing facility in Wichita, Kansas. The aircraft is expected to achieve certification from the Federal Aviation Administration later this year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250915961668/en/Cessna Citation Ascend program c...