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...
EmpowerME has equipped more than 86,000 young people across MENA and Türkiye with practical skills for work and entrepreneurship in its first year, pairing intensive, mentor‑led learning with ambassador‑led local trainings. The three‑year, USD 6 million partnership by the Starbucks Foundation and Alshaya Group, delivered with INJAZ Al‑Arab/JA MENA and Habitat Association, aims to empower 250,000 youth across nine markets. This press release features multimedia. View the full release here: http...
Matrix Executions, a leader in options trading technology, announced its latest launch of its white-label equity options algorithmic trading solutions. This product empowers broker dealers with true customization and control, enabling them to offer a bespoke algo trading experience to their clients. The product leverages Matrix Executions’ advanced execution algo suite overlayed with the Matrix QRX ATS for an all-in-one answer to execution customization. In today's dynamic market, a one-size-...
Ant International is appointed as an inaugural foreign Institution Partner (FIP) of China’s Cross-border Interconnection Payment Gateway (CPG), under the guidance of the People’s Bank of China and the Payment & Clearing Association of China (PCAC). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250916704996/en/Eric Jing, Chairman of Ant Group and Ant International, and Cyril Han, CEO of Ant Group, celebrating China's Top Interna...
Fresh survey data from Regula, a global developer of identity verification (IDV) solutions and forensic devices, shows that the line between traditional fraud and impersonation attacks has vanished. Identity spoofing, biometric fraud, and AI-powered deepfakes have already struck one in three organizations worldwide, catching up with long-standing fraud tactics like forged documents and social engineering. This press release features multimedia. View the full release here: https://www.businessw...